Moody National Bank Trust Division Has $122,000 Stock Holdings in Green Dot Co. (NYSE:GDOT)

Moody National Bank Trust Division cut its holdings in shares of Green Dot Co. (NYSE:GDOTFree Report) by 9.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,033 shares of the financial services provider’s stock after selling 1,358 shares during the period. Moody National Bank Trust Division’s holdings in Green Dot were worth $122,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in GDOT. SG Americas Securities LLC lifted its position in shares of Green Dot by 4.9% during the 4th quarter. SG Americas Securities LLC now owns 27,367 shares of the financial services provider’s stock valued at $271,000 after acquiring an additional 1,285 shares during the period. Allspring Global Investments Holdings LLC lifted its position in shares of Green Dot by 39.3% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 7,352 shares of the financial services provider’s stock valued at $73,000 after acquiring an additional 2,074 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of Green Dot by 65.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 6,152 shares of the financial services provider’s stock valued at $86,000 after acquiring an additional 2,434 shares during the period. Hsbc Holdings PLC lifted its position in shares of Green Dot by 1.2% during the 3rd quarter. Hsbc Holdings PLC now owns 255,179 shares of the financial services provider’s stock valued at $3,557,000 after acquiring an additional 2,933 shares during the period. Finally, Jacobs Levy Equity Management Inc. lifted its position in shares of Green Dot by 0.7% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 478,777 shares of the financial services provider’s stock valued at $6,669,000 after acquiring an additional 3,110 shares during the period. 92.56% of the stock is currently owned by institutional investors and hedge funds.

Green Dot Trading Up 0.2 %

NYSE GDOT opened at $9.10 on Thursday. Green Dot Co. has a 1 year low of $7.30 and a 1 year high of $21.37. The company has a fifty day moving average price of $9.38 and a 200-day moving average price of $9.12.

Green Dot (NYSE:GDOTGet Free Report) last posted its earnings results on Thursday, May 9th. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by ($0.15). The firm had revenue of $447.42 million during the quarter, compared to the consensus estimate of $415.70 million. Green Dot had a positive return on equity of 4.48% and a negative net margin of 1.60%. Equities research analysts forecast that Green Dot Co. will post 1.02 EPS for the current year.

Wall Street Analysts Forecast Growth

GDOT has been the subject of a number of recent research reports. Keefe, Bruyette & Woods decreased their price target on shares of Green Dot from $12.50 to $11.00 and set a “market perform” rating for the company in a research note on Friday, April 5th. Truist Financial boosted their price target on shares of Green Dot from $10.00 to $11.00 and gave the company a “buy” rating in a research note on Thursday, February 29th. Finally, StockNews.com upgraded shares of Green Dot from a “sell” rating to a “hold” rating in a research note on Friday, May 10th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $10.75.

Read Our Latest Stock Report on GDOT

About Green Dot

(Free Report)

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.

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Institutional Ownership by Quarter for Green Dot (NYSE:GDOT)

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