Green Dot Co. (NYSE:GDOT) Shares Bought by WINTON GROUP Ltd

WINTON GROUP Ltd boosted its holdings in shares of Green Dot Co. (NYSE:GDOT) by 127.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 101,393 shares of the financial services provider’s stock after purchasing an additional 56,839 shares during the period. WINTON GROUP Ltd owned approximately 0.19% of Green Dot worth $1,079,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. KLP Kapitalforvaltning AS acquired a new stake in shares of Green Dot during the 4th quarter valued at $84,000. New York State Common Retirement Fund raised its position in shares of Green Dot by 63.1% during the fourth quarter. New York State Common Retirement Fund now owns 11,892 shares of the financial services provider’s stock worth $127,000 after purchasing an additional 4,600 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Green Dot by 25.3% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 16,513 shares of the financial services provider’s stock worth $164,000 after purchasing an additional 3,339 shares during the period. AXQ Capital LP purchased a new stake in shares of Green Dot during the fourth quarter valued at $166,000. Finally, Sei Investments Co. acquired a new position in shares of Green Dot in the 4th quarter valued at $217,000. 92.56% of the stock is currently owned by institutional investors.

Green Dot Stock Down 2.2 %

Green Dot stock opened at $8.37 on Friday. Green Dot Co. has a twelve month low of $6.12 and a twelve month high of $13.58. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.52 and a current ratio of 0.52. The firm has a market cap of $453.63 million, a PE ratio of -7.97 and a beta of 1.06. The firm’s 50 day moving average price is $8.32 and its two-hundred day moving average price is $10.02.

Insider Activity at Green Dot

In other Green Dot news, major shareholder Topline Capital Partners, Lp sold 331,339 shares of the business’s stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $10.54, for a total transaction of $3,492,313.06. Following the transaction, the insider now owns 5,376,787 shares of the company’s stock, valued at $56,671,334.98. The trade was a 5.80 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Topline Capital Management, Ll sold 380,611 shares of the company’s stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $10.44, for a total value of $3,973,578.84. Following the completion of the sale, the insider now owns 5,708,126 shares in the company, valued at $59,592,835.44. This represents a 6.25 % decrease in their position. The disclosure for this sale can be found here. 1.10% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Barclays reduced their price objective on shares of Green Dot from $10.00 to $7.00 and set an “underweight” rating for the company in a research note on Monday, March 3rd. Craig Hallum upgraded shares of Green Dot from a “hold” rating to a “buy” rating and set a $14.00 price target on the stock in a report on Friday, March 14th. Finally, Keefe, Bruyette & Woods decreased their price objective on shares of Green Dot from $12.00 to $10.00 and set a “market perform” rating for the company in a research note on Friday, February 28th.

Green Dot Company Profile

Green Dot Corporation, a financial technology and registered bank holding company, provides various financial services to consumers and businesses in the United States. It operates through three segments: Consumer Services, Business to Business Services, and Money Movement Services. The company provides deposit account programs, including consumer and small business checking account products, network-branded reloadable prepaid debit cards and gift cards, and secured credit programs.