Elk Creek Partners LLC increased its holdings in Meta Financial Group, Inc. (NASDAQ:CASH) by 7.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 77,547 shares of the savings and loans company’s stock after acquiring an additional 5,513 shares during the period. Elk Creek Partners LLC owned approximately 0.81% of Meta Financial Group worth $6,080,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Dimensional Fund Advisors LP grew its position in Meta Financial Group by 7.2% in the third quarter. Dimensional Fund Advisors LP now owns 467,964 shares of the savings and loans company’s stock worth $36,689,000 after acquiring an additional 31,433 shares during the period. Patriot Financial Partners GP LP grew its position in Meta Financial Group by 14.4% in the third quarter. Patriot Financial Partners GP LP now owns 397,069 shares of the savings and loans company’s stock worth $31,130,000 after acquiring an additional 50,000 shares during the period. Wells Fargo & Company MN lifted its stake in Meta Financial Group by 401.6% during the third quarter. Wells Fargo & Company MN now owns 34,277 shares of the savings and loans company’s stock worth $2,687,000 after purchasing an additional 27,444 shares in the last quarter. Legal & General Group Plc lifted its stake in Meta Financial Group by 658.6% during the third quarter. Legal & General Group Plc now owns 15,930 shares of the savings and loans company’s stock worth $1,250,000 after purchasing an additional 13,830 shares in the last quarter. Finally, Great West Life Assurance Co. Can lifted its stake in Meta Financial Group by 1,177.0% during the third quarter. Great West Life Assurance Co. Can now owns 11,493 shares of the savings and loans company’s stock worth $907,000 after purchasing an additional 10,593 shares in the last quarter. Institutional investors own 76.78% of the company’s stock.

A number of research firms have commented on CASH. B. Riley set a $100.00 price target on Meta Financial Group and gave the stock a “buy” rating in a research note on Thursday, November 16th. Zacks Investment Research cut Meta Financial Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 15th. FBR & Co upgraded Meta Financial Group from a “neutral” rating to a “buy” rating and set a $95.00 price target on the stock in a research note on Tuesday, October 31st. Keefe, Bruyette & Woods restated a “buy” rating and set a $88.00 price target on shares of Meta Financial Group in a research note on Thursday, October 12th. Finally, ValuEngine cut Meta Financial Group from a “strong-buy” rating to a “buy” rating in a research note on Thursday, August 24th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Meta Financial Group has an average rating of “Buy” and a consensus target price of $95.75.

Shares of Meta Financial Group, Inc. (NASDAQ CASH) opened at $94.75 on Monday. The stock has a market capitalization of $915.90, a price-to-earnings ratio of 13.52 and a beta of 0.90. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 0.20. Meta Financial Group, Inc. has a 52 week low of $60.70 and a 52 week high of $106.90.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Friday, December 8th will be paid a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 0.55%. The ex-dividend date is Thursday, December 7th. Meta Financial Group’s payout ratio is currently 10.86%.

In other news, Director Frederick V. Moore sold 450 shares of the stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $71.75, for a total value of $32,287.50. Following the sale, the director now directly owns 100 shares in the company, valued at $7,175. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Frederick V. Moore acquired 1,393 shares of Meta Financial Group stock in a transaction dated Wednesday, September 20th. The stock was bought at an average price of $71.70 per share, for a total transaction of $99,878.10. Following the completion of the purchase, the director now owns 100 shares of the company’s stock, valued at approximately $7,170. The disclosure for this purchase can be found here. 6.06% of the stock is currently owned by company insiders.

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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.

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

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