Diversified Investment Strategies LLC Has Lowered Green Dot Corp (GDOT) Holding by $4.12 Million; Valuation Rose

June 23, 2018 - By Richard Conner

Green Dot Corporation (NYSE:GDOT) LogoInvestors sentiment decreased to 1.24 in 2018 Q1. Its down 0.25, from 1.49 in 2017Q4. It fall, as 13 investors sold GDOT shares while 80 reduced holdings. 45 funds opened positions while 70 raised stakes. 40.91 million shares or 2.20% more from 40.03 million shares in 2017Q4 were reported. Neuberger Berman Grp Ltd accumulated 12,500 shares. Columbus Circle Investors has 0.37% invested in Green Dot Corporation (NYSE:GDOT). Ipg Advsr Llc reported 0% in Green Dot Corporation (NYSE:GDOT). Ubs Asset Americas Incorporated holds 0% or 28,915 shares in its portfolio. Vanguard Grp reported 5.41 million shares stake. Westfield Cap Management LP holds 149,190 shares. Suntrust Banks Inc has 0% invested in Green Dot Corporation (NYSE:GDOT) for 4,002 shares. Northern Trust holds 0.01% or 582,651 shares. Whittier Tru Of Nevada Inc owns 0.01% invested in Green Dot Corporation (NYSE:GDOT) for 1,650 shares. Ls Investment Limited Liability Corporation has 0.01% invested in Green Dot Corporation (NYSE:GDOT). 11,558 are owned by Tower Ltd Liability (Trc). National Bank Of Mellon accumulated 2.26M shares. Castleark Mgmt Limited Liability, a Illinois-based fund reported 258,712 shares. Stone Ridge Asset Mgmt Llc invested in 0.06% or 16,063 shares. Diversified Strategies Ltd Liability Co has 9.26% invested in Green Dot Corporation (NYSE:GDOT) for 147,405 shares.

Since January 2, 2018, it had 0 buys, and 42 insider sales for $44.46 million activity. The insider Streit Steven W sold $1.28 million. 8,952 shares valued at $583,170 were sold by Bridgforth-Hodges Glinda on Wednesday, February 28. Archer Kuan sold $1.72 million worth of Green Dot Corporation (NYSE:GDOT) on Monday, April 2. Ricci John C had sold 4,631 shares worth $338,178 on Wednesday, May 30. $424,875 worth of Green Dot Corporation (NYSE:GDOT) was sold by Unruh Jess. $236,897 worth of Green Dot Corporation (NYSE:GDOT) was sold by Date Rajeev V on Thursday, May 24.

Diversified Investment Strategies Llc decreased its stake in Green Dot Corp (GDOT) by 30.38% based on its latest 2018Q1 regulatory filing with the SEC. Diversified Investment Strategies Llc sold 64,325 shares as the company’s stock rose 8.21% while stock markets declined. The institutional investor held 147,405 shares of the consumer services company at the end of 2018Q1, valued at $9.46M, down from 211,730 at the end of the previous reported quarter. Diversified Investment Strategies Llc who had been investing in Green Dot Corp for a number of months, seems to be less bullish one the $4.00 billion market cap company. The stock decreased 0.59% or $0.46 during the last trading session, reaching $77.11. About 619,434 shares traded or 61.97% up from the average. Green Dot Corporation (NYSE:GDOT) has risen 97.94% since June 23, 2017 and is uptrending. It has outperformed by 85.37% the S&P500.

Analysts await Green Dot Corporation (NYSE:GDOT) to report earnings on August, 14. They expect $0.47 earnings per share, 0.00 % or $0.00 from last year’s $0.47 per share. GDOT’s profit will be $24.41M for 41.02 P/E if the $0.47 EPS becomes a reality. After $1.24 actual earnings per share reported by Green Dot Corporation for the previous quarter, Wall Street now forecasts -62.10 % negative EPS growth.

More news for Green Dot Corporation (NYSE:GDOT) were recently published by: Nasdaq.com, which released: “3 Fast-Growing Fintech Stocks to Buy” on May 29, 2018. Benzinga.com‘s article titled: “Benzinga’s Top Upgrades, Downgrades For June 18, 2018” and published on June 18, 2018 is yet another important article.

Green Dot Corporation (NYSE:GDOT) Ratings Coverage

Among 8 analysts covering Green Dot (NYSE:GDOT), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Green Dot has $8000 highest and $55.0 lowest target. $70.83’s average target is -8.14% below currents $77.11 stock price. Green Dot had 12 analyst reports since January 12, 2018 according to SRatingsIntel. The stock of Green Dot Corporation (NYSE:GDOT) has “Hold” rating given on Friday, January 12 by Cowen & Co. Citigroup maintained the stock with “Buy” rating in Thursday, February 22 report. The firm earned “Hold” rating on Friday, March 2 by Cowen & Co. The stock of Green Dot Corporation (NYSE:GDOT) earned “Buy” rating by Citigroup on Tuesday, February 13. Craig Hallum maintained the stock with “Buy” rating in Thursday, May 10 report. The rating was maintained by Guggenheim with “Buy” on Monday, February 26. The firm earned “Neutral” rating on Monday, June 18 by BTIG Research. As per Tuesday, March 13, the company rating was downgraded by Compass Point. The firm has “Buy” rating by Craig Hallum given on Thursday, February 22. The firm has “Equal-Weight” rating given on Thursday, February 22 by Morgan Stanley.

Green Dot Corporation (NYSE:GDOT) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: