1 week Ago By ABMN Staff
Barclays PLC raised its position in shares of Pathward Financial, Inc. ( NASDAQ:CASH – Free Report ) by 2.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC.
The fund owned 57,775 shares of the savings and loans company’s stock after purchasing an additional 1,448 shares during the quarter. Barclays PLC owned 0.24% of Pathward Financial worth $4,252,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of the company. Wilmington Savings Fund Society FSB purchased a new stake in Pathward Financial in the third quarter valued at approximately $264,000. Tidal Investments LLC purchased a new stake in shares of Pathward Financial in the 3rd quarter valued at $725,000.
Diversified Trust Co boosted its holdings in shares of Pathward Financial by 9.7% in the 4th quarter. Diversified Trust Co now owns 8,931 shares of the savings and loans company’s stock valued at $657,000 after acquiring an additional 787 shares during the last quarter.
RMR Wealth Builders boosted its holdings in shares of Pathward Financial by 88.3% in the 4th quarter. RMR Wealth Builders now owns 40,406 shares of the savings and loans company’s stock valued at $2,973,000 after acquiring an additional 18,947 shares during the last quarter.
Finally, Assenagon Asset Management S.A. purchased a new stake in shares of Pathward Financial in the 4th quarter valued at $10,865,000.
92.66% of the stock is owned by institutional investors and hedge funds. Wall Street Analyst Weigh In Separately, Piper Sandler upped their price objective on shares of Pathward Financial from $91.
00 to $94.00 and gave the company an “overweight” rating in a report on Wednesday, April 23rd. Pathward Financial Stock Down 0.
5 % CASH stock opened at $78.96 on Monday. The firm’s fifty day simple moving average is $73.
14 and its 200-day simple moving average is $76.09. The company has a market capitalization of $1.
88 billion, a P/E ratio of 11.51 and a beta of 0.44.
The company has a debt-to-equity ratio of 0.04, a current ratio of 0.77 and a quick ratio of 0.
76. Pathward Financial, Inc. has a 12 month low of $50.
00 and a 12 month high of $86.00. Pathward Financial ( NASDAQ:CASH – Get Free Report ) last announced its quarterly earnings results on Tuesday, April 22nd.
The savings and loans company reported $3.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.71 by $0.
40. Pathward Financial had a net margin of 21.91% and a return on equity of 22.
02%. The firm had revenue of $262.90 million for the quarter, compared to the consensus estimate of $256.
30 million. During the same period in the prior year, the firm posted $2.56 earnings per share.
As a group, equities research analysts forecast that Pathward Financial, Inc. will post 7.26 earnings per share for the current year.
Pathward Financial Announces Dividend The company also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Thursday, March 13th were issued a dividend of $0.05 per share.
This represents a $0.20 dividend on an annualized basis and a yield of 0.25%.
The ex-dividend date of this dividend was Thursday, March 13th. Pathward Financial’s dividend payout ratio (DPR) is presently 2.70%.
About Pathward Financial ( Free Report ) Pathward Financial, Inc operates as the bank holding company for Pathward, National Association that provides various banking products and services in the United States. The company operates through three segments: Consumer, Commercial, and Corporate Services/Other. It offers demand deposit accounts, savings accounts, and money market savings accounts.
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