XTX Topco Ltd Takes $456,000 Position in Green Dot Co. (NYSE:GDOT)

XTX Topco Ltd acquired a new stake in Green Dot Co. (NYSE:GDOT - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 42,882 shares of the financial services provider's stock, valued at approximately $456,000. XTX Topco Ltd owned 0.08% of Green Dot at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Geode Capital Management LLC increased its position in Green Dot by 9.0% during the 3rd quarter. Geode Capital Management LLC now owns 1,222,996 shares of the financial services provider's stock worth $14,324,000 after purchasing an additional 101,008 shares during the period. JPMorgan Chase & Co. grew its holdings in Green Dot by 31.0% during the third quarter. JPMorgan Chase & Co. now owns 331,802 shares of the financial services provider's stock worth $3,885,000 after acquiring an additional 78,547 shares during the period. Barclays PLC raised its position in Green Dot by 342.0% in the third quarter. Barclays PLC now owns 88,504 shares of the financial services provider's stock worth $1,036,000 after acquiring an additional 68,481 shares in the last quarter. Wellington Management Group LLP acquired a new stake in Green Dot in the fourth quarter valued at $2,048,000. Finally, Principal Financial Group Inc. boosted its position in shares of Green Dot by 3.0% during the 4th quarter. Principal Financial Group Inc. now owns 260,772 shares of the financial services provider's stock worth $2,775,000 after purchasing an additional 7,642 shares in the last quarter. 92.56% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have weighed in on GDOT shares. Northland Securities upgraded shares of Green Dot from a "market perform" rating to an "outperform" rating and set a $12.00 target price on the stock in a research report on Wednesday, April 9th. Northland Capmk raised Green Dot from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 9th. Craig Hallum raised Green Dot from a "hold" rating to a "buy" rating and set a $14.00 price objective for the company in a research note on Friday, March 14th. Barclays decreased their target price on Green Dot from $10.00 to $7.00 and set an "underweight" rating on the stock in a research report on Monday, March 3rd. Finally, Keefe, Bruyette & Woods dropped their price target on Green Dot from $12.00 to $10.00 and set a "market perform" rating for the company in a research report on Friday, February 28th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Green Dot presently has an average rating of "Moderate Buy" and a consensus price target of $10.75.

Green Dot Stock Up 1.3 %

Shares of NYSE:GDOT traded up $0.10 during midday trading on Friday, reaching $8.17. The company had a trading volume of 321,832 shares, compared to its average volume of 604,995. The stock has a market capitalization of $443.28 million, a P/E ratio of -7.78 and a beta of 0.87. The stock's fifty day moving average price is $7.72 and its 200-day moving average price is $9.44. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.52 and a quick ratio of 0.52. Green Dot Co. has a one year low of $6.12 and a one year high of $13.58.

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.