Foundry Partners LLC boosted its holdings in Meta Financial Group, Inc. (NASDAQ:CASH) by 107.3% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 90,195 shares of the savings and loans company’s stock after acquiring an additional 46,678 shares during the period. Foundry Partners LLC owned about 0.96% of Meta Financial Group worth $7,071,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. SG Americas Securities LLC bought a new position in Meta Financial Group in the second quarter worth about $112,000. Victory Capital Management Inc. lifted its holdings in Meta Financial Group by 31.3% in the second quarter. Victory Capital Management Inc. now owns 1,806 shares of the savings and loans company’s stock worth $161,000 after acquiring an additional 430 shares during the last quarter. LS Investment Advisors LLC bought a new position in Meta Financial Group in the third quarter worth about $152,000. Legal & General Group Plc lifted its holdings in Meta Financial Group by 6.6% in the second quarter. Legal & General Group Plc now owns 2,100 shares of the savings and loans company’s stock worth $186,000 after acquiring an additional 130 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in 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 worth $187,000 after acquiring an additional 980 shares during the last quarter. 73.91% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Meta Financial Group, Inc. (NASDAQ:CASH) opened at $86.85 on Friday. The firm has a market capitalization of $835.72, a P/E ratio of 12.39 and a beta of 0.89. The company has a current ratio of 0.55, a quick ratio of 0.37 and a debt-to-equity ratio of 0.20. Meta Financial Group, Inc. has a twelve month low of $60.70 and a twelve month high of $106.90.

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In other news, Chairman J Tyler Haahr sold 5,000 shares of Meta Financial Group 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 SEC, which is accessible through the SEC website. Also, Director Frederick V. Moore purchased 1,393 shares of the business’s stock in a transaction dated Wednesday, September 20th. The shares were acquired at an average cost of $71.70 per share, for a total transaction of $99,878.10. Following the acquisition, 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. Insiders own 6.06% of the company’s stock.

A number of equities analysts have issued reports on the stock. FBR & Co cut shares of Meta Financial Group from an “outperform” rating to a “market perform” rating and set a $95.00 target price on the stock. in a report on Friday, July 28th. Zacks Investment Research raised shares of Meta Financial Group from a “hold” rating to a “strong-buy” rating and set a $100.00 target price on the stock in a report on Wednesday. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $88.00 target price on shares of Meta Financial Group in a report on Thursday, October 12th. ValuEngine cut shares of Meta Financial Group from a “strong-buy” rating to a “buy” rating in a report on Thursday, August 24th. Finally, B. Riley raised shares of Meta Financial Group from a “neutral” rating to a “buy” rating and set a $95.00 target price on the stock in a report on Wednesday. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. Meta Financial Group currently has a consensus rating of “Buy” and an average price target of $94.50.

About Meta Financial Group

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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