Meta Financial Group Inc Sentiment Increases on Better Stock Potential

April 21, 2018 - By Winifred Garcia

Sentiment for Meta Financial Group Inc (NASDAQ:CASH)

Meta Financial Group Inc (NASDAQ:CASH) institutional sentiment increased to 1.16 in 2017 Q4. Its up 0.04, from 1.12 in 2017Q3. The ratio has increased, as 67 hedge funds increased or started new stock positions, while 58 reduced and sold holdings in Meta Financial Group Inc. The hedge funds in our partner’s database now own: 7.20 million shares, up from 6.87 million shares in 2017Q3. Also, the number of hedge funds holding Meta Financial Group Inc in their top 10 stock positions was flat from 5 to 5 for the same number . Sold All: 16 Reduced: 42 Increased: 44 New Position: 23.

Meta Financial Group, Inc. operates as the holding firm for MetaBank that offers various banking services and products to individuals, small businesses, financial institutions, and other businesses. The ETF has market cap of $1.11 billion. It provides various deposit products, such as statement savings accounts, money market savings accounts, and NOW and regular checking accounts, as well as deposits related to prepaid cards, which primarily include checking accounts and certificate accounts. It has a 22.51 P/E ratio. The companyÂ’s loan portfolio comprises one-to-four family residential mortgage, commercial and multi-family real estate, agricultural activities and real estate, construction, consumer, commercial operating, and premium finance loans.

The ETF increased 1.24% or $1.4 during the last trading session, reaching $114.75. About 43,120 shares traded. ETFS-E Fund MSCI China A GO ETF (NASDAQ:CASH) has risen 24.64% since April 21, 2017 and is uptrending. It has outperformed by 13.09% the S&P500.

Analysts await ETFS-E Fund MSCI China A GO ETF (NASDAQ:CASH) to report earnings on April, 25. They expect $4.13 EPS, up 0.49 % or $0.02 from last year’s $4.11 per share. CASH’s profit will be $39.99M for 6.95 P/E if the $4.13 EPS becomes a reality. After $0.85 actual EPS reported by ETFS-E Fund MSCI China A GO ETF for the previous quarter, Wall Street now forecasts 385.88 % EPS growth.

Patriot Financial Partners Gp Lp holds 18.93% of its portfolio in ETFS-E Fund MSCI China A GO ETF for 397,069 shares. Second Curve Capital Llc owns 348,132 shares or 12.69% of their US portfolio. Moreover, Ashford Capital Management Inc has 4.93% invested in the company for 341,617 shares. The Michigan-based Northpointe Capital Llc has invested 1.92% in the stock. Nantahala Capital Management Llc, a Connecticut-based fund reported 447,952 shares.

ETFS-E Fund MSCI China A GO ETF (NASDAQ:CASH) Ratings Coverage

Ratings analysis reveals 100% of Meta Financial Group’s analysts are positive. Out of 4 Wall Street analysts rating Meta Financial Group, 4 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $98.0 while the high is $133.0. The stock’s average target of $128.25 is 11.76% above today’s ($114.75) share price. CASH was included in 12 notes of analysts from October 31, 2017. Keefe Bruyette & Woods maintained ETFS-E Fund MSCI China A GO ETF (NASDAQ:CASH) rating on Monday, February 26. Keefe Bruyette & Woods has “Buy” rating and $133.0 target. On Wednesday, January 31 the stock rating was maintained by Sandler O’Neill with “Buy”. The company was upgraded on Tuesday, October 31 by FBR Capital. The stock of ETFS-E Fund MSCI China A GO ETF (NASDAQ:CASH) has “Buy” rating given on Wednesday, January 31 by FBR Capital. B. Riley & Co maintained it with “Buy” rating and $125 target in Wednesday, January 31 report. The stock has “Buy” rating by FBR Capital on Wednesday, January 10. Keefe Bruyette & Woods maintained the shares of CASH in report on Wednesday, January 10 with “Buy” rating. The stock of ETFS-E Fund MSCI China A GO ETF (NASDAQ:CASH) has “Buy” rating given on Friday, January 12 by Sandler O’Neill. FBR Capital maintained the stock with “Buy” rating in Tuesday, March 6 report. The firm has “Buy” rating by FBR Capital given on Thursday, November 16.

ETFS-E Fund MSCI China A GO ETF (NASDAQ:CASH) Institutional Positions Chart

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