Meta Financial Group Inc. (NASDAQ:CASH) shares hit a new 52-week low on Monday . The stock traded as low as $17.84 and last traded at $18.22, with a volume of 8053 shares. The stock had previously closed at $18.54.

Separately, BidaskClub raised Meta Financial Group from a “sell” rating to a “hold” rating in a research report on Thursday, January 31st. Three research analysts have rated the stock with a sell rating, one has given a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $36.75.

The company has a debt-to-equity ratio of 0.12, a current ratio of 0.66 and a quick ratio of 0.66. The firm has a market cap of $730.85 million, a P/E ratio of 6.49 and a beta of 1.30.

Meta Financial Group (NASDAQ:CASH) last issued its quarterly earnings data on Monday, January 28th. The savings and loans company reported $0.39 EPS for the quarter, missing the Zacks’ consensus estimate of $0.43 by ($0.04). The company had revenue of $98.02 million for the quarter, compared to analyst estimates of $98.55 million. Meta Financial Group had a net margin of 15.76% and a return on equity of 11.61%. Equities research analysts anticipate that Meta Financial Group Inc. will post 2.33 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 1st. Stockholders of record on Monday, March 11th will be issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date is Friday, March 8th. Meta Financial Group’s dividend payout ratio is 7.12%.

In other Meta Financial Group news, EVP Sheree Thornsberry sold 10,863 shares of the firm’s stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $19.43, for a total value of $211,068.09. Following the sale, the executive vice president now owns 20,090 shares of the company’s stock, valued at approximately $390,348.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director William David Tull sold 24,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $21.60, for a total value of $518,400.00. Following the completion of the sale, the director now directly owns 71,025 shares in the company, valued at approximately $1,534,140. The disclosure for this sale can be found here. In the last three months, insiders have sold 112,741 shares of company stock worth $2,381,260. 7.69% of the stock is currently owned by insiders.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sippican Capital Advisors lifted its position in shares of Meta Financial Group by 4.4% in the 4th quarter. Sippican Capital Advisors now owns 12,937 shares of the savings and loans company’s stock worth $251,000 after acquiring an additional 547 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Meta Financial Group by 200.0% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,139 shares of the savings and loans company’s stock worth $41,000 after acquiring an additional 1,426 shares during the period. Legal & General Group Plc lifted its position in shares of Meta Financial Group by 8.5% in the 3rd quarter. Legal & General Group Plc now owns 19,605 shares of the savings and loans company’s stock worth $1,620,000 after acquiring an additional 1,537 shares during the period. MetLife Investment Advisors LLC lifted its position in shares of Meta Financial Group by 56.5% during the 3rd quarter. MetLife Investment Advisors LLC now owns 6,601 shares of the savings and loans company’s stock worth $546,000 after buying an additional 2,383 shares during the period. Finally, Baird Financial Group Inc. lifted its position in shares of Meta Financial Group by 3.2% during the 3rd quarter. Baird Financial Group Inc. now owns 90,604 shares of the savings and loans company’s stock worth $7,379,000 after buying an additional 2,773 shares during the period. 64.83% of the stock is currently owned by hedge funds and other institutional investors.

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About Meta Financial Group (NASDAQ:CASH)

Meta Financial Group, Inc operates as the holding company for MetaBank that offers various banking products and services in the United States. The company accepts various deposit products, including statement savings accounts, money market savings accounts, negotiable order of withdrawal accounts, and checking accounts; and deposits related to prepaid cards, which primarily comprise checking accounts and certificate accounts.

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