35,000 Shares in Green Dot Co. (NYSE:GDOT) Bought by 272 Capital LP

272 Capital LP purchased a new stake in Green Dot Co. (NYSE:GDOT - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 35,000 shares of the financial services provider's stock, valued at approximately $372,000. 272 Capital LP owned approximately 0.07% of Green Dot as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of GDOT. Topline Capital Management LLC purchased a new stake in shares of Green Dot during the fourth quarter worth approximately $57,209,000. Vanguard Group Inc. increased its position in Green Dot by 2.0% during the fourth quarter. Vanguard Group Inc. now owns 3,584,651 shares of the financial services provider's stock worth $38,141,000 after purchasing an additional 71,534 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Green Dot by 20.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,114,292 shares of the financial services provider's stock valued at $22,496,000 after purchasing an additional 363,831 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Green Dot by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 1,237,767 shares of the financial services provider's stock worth $13,173,000 after purchasing an additional 14,771 shares during the period. Finally, American Century Companies Inc. raised its holdings in Green Dot by 42.5% in the 4th quarter. American Century Companies Inc. now owns 1,041,034 shares of the financial services provider's stock valued at $11,077,000 after buying an additional 310,492 shares during the period. 92.56% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on GDOT shares. Northland Capmk raised shares of Green Dot from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 9th. Northland Securities upgraded Green Dot from a "market perform" rating to an "outperform" rating and set a $12.00 price target on the stock in a research note on Wednesday, April 9th. 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 research note on Friday, March 14th. Barclays reduced their price objective on Green Dot from $10.00 to $7.00 and set an "underweight" rating on the stock in a research note on Monday, March 3rd. Finally, Keefe, Bruyette & Woods decreased their target price on 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. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $10.75.

Green Dot Stock Down 0.8 %

NYSE:GDOT traded down $0.07 during mid-day trading on Wednesday, hitting $8.13. The company had a trading volume of 114,832 shares, compared to its average volume of 603,941. The firm has a market capitalization of $440.94 million, a price-to-earnings ratio of -7.77 and a beta of 0.76. Green Dot Co. has a 1 year low of $6.12 and a 1 year high of $13.58. The business has a fifty day simple moving average of $7.66 and a 200-day simple moving average of $9.27. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 0.05.

Green Dot 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.