Meta Financial Group, Inc. (CASH) Shares Bought by AQR Capital Management LLC

AQR Capital Management LLC boosted its stake in Meta Financial Group, Inc. (NASDAQ:CASH) by 0.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,982 shares of the savings and loans company’s stock after buying an additional 135 shares during the period. AQR Capital Management LLC owned 0.35% of Meta Financial Group worth $2,919,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in CASH. Pacific Grove Capital LP purchased a new stake in shares of Meta Financial Group during the first quarter valued at $3,735,000. Bank of America Corp DE raised its stake in shares of Meta Financial Group by 86.6% in the first quarter. Bank of America Corp DE now owns 2,112 shares of the savings and loans company’s stock valued at $187,000 after buying an additional 980 shares during the period. Schwab Charles Investment Management Inc. raised its stake in shares of Meta Financial Group by 21.6% in the first quarter. Schwab Charles Investment Management Inc. now owns 37,622 shares of the savings and loans company’s stock valued at $3,330,000 after buying an additional 6,675 shares during the period. RMB Capital Management LLC purchased a new stake in shares of Meta Financial Group during the first quarter valued at $2,151,000. Finally, Dimensional Fund Advisors LP raised its stake in shares of Meta Financial Group by 3.9% in the first quarter. Dimensional Fund Advisors LP now owns 436,757 shares of the savings and loans company’s stock valued at $38,653,000 after buying an additional 16,426 shares during the period. 76.05% of the stock is owned by institutional investors.

Shares of Meta Financial Group, Inc. (NASDAQ CASH) traded up 0.43% on Friday, hitting $69.30. The stock had a trading volume of 51,004 shares. The stock has a market capitalization of $647.89 million, a P/E ratio of 12.78 and a beta of 0.89. The firm has a 50-day moving average price of $82.29 and a 200-day moving average price of $86.14. Meta Financial Group, Inc. has a 52 week low of $56.51 and a 52 week high of $106.90.

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Several brokerages recently weighed in on CASH. BidaskClub lowered Meta Financial Group from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Zacks Investment Research lowered Meta Financial Group from a “buy” rating to a “hold” rating in a report on Friday, July 28th. FBR & Co lowered Meta Financial Group from an “outperform” rating to a “market perform” rating and set a $95.00 target price for the company. in a report on Friday, July 28th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $121.00 target price on shares of Meta Financial Group in a report on Thursday, July 27th. Finally, ValuEngine raised Meta Financial Group from a “buy” rating to a “strong-buy” rating in a report on Friday, June 2nd. Three research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $104.33.

In other Meta Financial Group news, Chairman J Tyler Haahr sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $73.07, for a total transaction of $365,350.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Douglas J. Hajek sold 440 shares of the firm’s stock in a transaction that occurred on Thursday, June 15th. The shares were sold at an average price of $90.31, for a total value of $39,736.40. Following the transaction, the director now owns 2,867 shares of the company’s stock, valued at approximately $258,918.77. The disclosure for this sale can be found here. Insiders have sold 15,440 shares of company stock valued at $1,289,336 in the last quarter. 6.06% of the stock is currently owned by company insiders.

Meta Financial Group Company Profile

Meta Financial Group, Inc is a unitary savings and loan holding company. The Company operates through its banking subsidiary, MetaBank (the Bank). Its segments include Payments, Banking, and Corporate Services/Other. MetaBank is both a community-oriented financial institution offering a range of financial services to meet the needs of the communities it serves and a payments company providing services on a nationwide basis.

Institutional Ownership by Quarter for Meta Financial Group (NASDAQ:CASH)

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