How Analysts Feel About Green Dot Corporation (NYSE:GDOT)?

May 27, 2018 - By Winifred Garcia

Green Dot Corporation (NYSE:GDOT) LogoInvestors sentiment increased to 1.49 in Q4 2017. Its up 0.11, from 1.38 in 2017Q3. It is positive, as 11 investors sold Green Dot Corporation shares while 67 reduced holdings. 42 funds opened positions while 74 raised stakes. 40.03 million shares or 2.12% more from 39.20 million shares in 2017Q3 were reported.
First Mercantile Tru has 7,335 shares for 0.09% of their portfolio. Vanguard Group reported 5.19M shares or 0.01% of all its holdings. Dimensional Fund Advsr L P holds 0.06% of its portfolio in Green Dot Corporation (NYSE:GDOT) for 2.57M shares. Petrus Trust Lta holds 3,341 shares. Pitcairn reported 8,438 shares. Wells Fargo Communication Mn has invested 0% in Green Dot Corporation (NYSE:GDOT). State Board Of Administration Of Florida Retirement Systems reported 28,801 shares. 15 are held by Assetmark. Citigroup has invested 0% of its portfolio in Green Dot Corporation (NYSE:GDOT). Loomis Sayles Co Lp holds 388,840 shares. Retail Bank Of New York Mellon accumulated 1.49 million shares or 0.02% of the stock. Arizona State Retirement Systems owns 76,874 shares. 60,126 are held by Hightower Advsrs Limited Liability Company. Origin Asset Llp has invested 0.02% in Green Dot Corporation (NYSE:GDOT). Texas Permanent School Fund holds 0.02% or 30,918 shares.

Since December 11, 2017, it had 0 buys, and 34 selling transactions for $32.71 million activity. 6,500 shares valued at $442,602 were sold by Shifke Mark L on Monday, March 12. 13,000 shares were sold by Unruh Jess, worth $780,018. $338,309 worth of Green Dot Corporation (NYSE:GDOT) shares were sold by Narlinger Brett. The insider Dent Mary sold 7,037 shares worth $457,616. 12,356 Green Dot Corporation (NYSE:GDOT) shares with value of $759,223 were sold by Archer Kuan. Bridgforth-Hodges Glinda also sold $583,170 worth of Green Dot Corporation (NYSE:GDOT) shares.

Green Dot Corporation (NYSE:GDOT) Ratings Coverage

Among 7 analysts covering Green Dot (NYSE:GDOT), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Green Dot had 11 analyst reports since January 12, 2018 according to SRatingsIntel. Craig Hallum maintained Green Dot Corporation (NYSE:GDOT) on Thursday, February 22 with “Buy” rating. On Thursday, February 22 the stock rating was maintained by Cowen & Co with “Market Perform”. The firm earned “Buy” rating on Monday, February 26 by Guggenheim. The firm earned “Equal-Weight” rating on Thursday, February 22 by Morgan Stanley. The stock has “Buy” rating by Citigroup on Tuesday, February 13. The rating was maintained by Northland Capital on Thursday, March 22 with “Buy”. The rating was maintained by Craig Hallum with “Buy” on Thursday, May 10. The stock of Green Dot Corporation (NYSE:GDOT) earned “Buy” rating by Citigroup on Thursday, February 22. Cowen & Co maintained the shares of GDOT in report on Friday, March 2 with “Hold” rating. The firm earned “Neutral” rating on Tuesday, March 13 by Compass Point. Below is a list of Green Dot Corporation (NYSE:GDOT) latest ratings and price target changes.

10/05/2018 Broker: Craig Hallum Rating: Buy New Target: $80.0000 Maintain
22/03/2018 Broker: Northland Capital Rating: Buy New Target: $75.0000 Maintain
13/03/2018 Broker: Compass Point Old Rating: Buy New Rating: Neutral Downgrade
02/03/2018 Broker: Cowen & Co Rating: Hold New Target: $62.0 Maintain
26/02/2018 Broker: Guggenheim Rating: Buy New Target: $76.0 Maintain
22/02/2018 Broker: Craig Hallum Rating: Buy New Target: $75.0 Maintain
22/02/2018 Broker: Cowen & Co Old Rating: Market Perform New Rating: Market Perform Old Target: $55 New Target: $62 Maintain
22/02/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $60 New Target: $62 Maintain
22/02/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $68 New Target: $70 Maintain
13/02/2018 Broker: Citigroup Old Rating: Neutral New Rating: Buy Upgrade

The stock decreased 0.08% or $0.06 during the last trading session, reaching $71.93. About 304,780 shares traded. Green Dot Corporation (NYSE:GDOT) has risen 97.84% since May 27, 2017 and is uptrending. It has outperformed by 86.29% the S&P500.

Green Dot Corporation, together with its subsidiaries, operates as a pro-consumer technology bank holding firm that provides personal banking for the masses. The company has market cap of $3.74 billion. It offers reloadable prepaid debit cards and cash reload processing services in the United States, as well as mobile banking services with its GoBank mobile checking account. It has a 33.64 P/E ratio. The companyÂ’s products include Green Dot MasterCards, Visa-branded prepaid debit cards, and various co-branded reloadable prepaid card programs; Visa-branded gift and credit cards; and swipe reload products, which enables cash loading and transfer services through Green Dot Network.

More recent Green Dot Corporation (NYSE:GDOT) news were published by: Seekingalpha.com which released: “Green Dot’s (GDOT) CEO Steve Streit on Q1 2018 Results – Earnings Call Transcript” on May 13, 2018. Also Globenewswire.com published the news titled: “Report: Developing Opportunities within Haemonetics, Arena Pharmaceuticals, Xperi, MoneyGram International, Boot …” on May 15, 2018. Seekingalpha.com‘s news article titled: “Green Dot soars after sizzling Q1” with publication date: May 10, 2018 was also an interesting one.

Green Dot Corporation (NYSE:GDOT) Institutional Positions Chart

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