Smith Graham & Co Investment Advisors LP Lowered Holding in Green Dot Corp (GDOT) by $4.58 Million as Share Value Rose

April 17, 2018 - By Hazel Jackson

Green Dot Corporation (NYSE:GDOT) LogoInvestors sentiment increased to 1.49 in 2017 Q4. Its up 0.11, from 1.38 in 2017Q3. It is positive, as 11 investors sold GDOT 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. Goldman Sachs Grp Incorporated has invested 0% in Green Dot Corporation (NYSE:GDOT). Bnp Paribas Arbitrage Sa accumulated 19,119 shares. Teacher Retirement Of Texas stated it has 0.01% in Green Dot Corporation (NYSE:GDOT). James Investment owns 0.08% invested in Green Dot Corporation (NYSE:GDOT) for 40,420 shares. First Ltd Partnership has invested 0.01% of its portfolio in Green Dot Corporation (NYSE:GDOT). Jpmorgan Chase & has invested 0.01% in Green Dot Corporation (NYSE:GDOT). Teachers Retirement Systems Of The State Of Kentucky reported 0.01% stake. California Public Employees Retirement System holds 0.01% or 80,302 shares in its portfolio. Mngmt Of Virginia Ltd Com stated it has 30,815 shares. Stephens Inv Mgmt Grp Inc Lc stated it has 382,882 shares or 0.53% of all its holdings. Rhumbline Advisers accumulated 104,340 shares. Us Financial Bank De, a Minnesota-based fund reported 3,205 shares. Barclays Public Limited owns 30,808 shares. Timpani accumulated 111,322 shares. G2 Inv Prtnrs Management Limited Liability reported 0.67% in Green Dot Corporation (NYSE:GDOT).

Since October 17, 2017, it had 0 buys, and 25 selling transactions for $22.33 million activity. 20,490 shares valued at $1.28 million were sold by Streit Steven W on Tuesday, January 23. Shares for $583,170 were sold by Bridgforth-Hodges Glinda on Wednesday, February 28. 6,500 shares were sold by Shifke Mark L, worth $442,602 on Monday, March 12. Unruh Jess had sold 5,670 shares worth $368,550 on Thursday, February 22. Shares for $457,616 were sold by Dent Mary on Thursday, March 1.

Smith Graham & Co Investment Advisors Lp decreased its stake in Green Dot Corp (GDOT) by 21.21% based on its latest 2017Q4 regulatory filing with the SEC. Smith Graham & Co Investment Advisors Lp sold 76,412 shares as the company’s stock rose 5.83% while stock markets declined. The institutional investor held 283,841 shares of the consumer services company at the end of 2017Q4, valued at $17.10 million, down from 360,253 at the end of the previous reported quarter. Smith Graham & Co Investment Advisors Lp who had been investing in Green Dot Corp for a number of months, seems to be less bullish one the $3.27 billion market cap company. The stock increased 0.57% or $0.36 during the last trading session, reaching $63.06. About 119,547 shares traded. Green Dot Corporation (NYSE:GDOT) has risen 97.84% since April 17, 2017 and is uptrending. It has outperformed by 86.29% the S&P500.

Smith Graham & Co Investment Advisors Lp, which manages about $5.56 billion and $1.06B US Long portfolio, upped its stake in Lifepoint Health Inc (NASDAQ:LPNT) by 86,130 shares to 205,780 shares, valued at $10.25 million in 2017Q4, according to the filing.

Analysts await Green Dot Corporation (NYSE:GDOT) to report earnings on May, 8. They expect $1.11 EPS, up 19.35 % or $0.18 from last year’s $0.93 per share. GDOT’s profit will be $57.54M for 14.20 P/E if the $1.11 EPS becomes a reality. After $0.11 actual EPS reported by Green Dot Corporation for the previous quarter, Wall Street now forecasts 909.09 % EPS growth.

Green Dot Corporation (NYSE:GDOT) Ratings Coverage

Among 11 analysts covering Green Dot (NYSE:GDOT), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. Green Dot had 17 analyst reports since November 8, 2017 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods on Tuesday, November 14 with “Hold”. The rating was maintained by Morgan Stanley with “Equal-Weight” on Thursday, February 22. Northland Capital maintained the shares of GDOT in report on Thursday, March 22 with “Buy” rating. Compass Point downgraded the shares of GDOT in report on Tuesday, March 13 to “Neutral” rating. The firm earned “Buy” rating on Tuesday, February 13 by Citigroup. Citigroup downgraded the stock to “Hold” rating in Monday, November 13 report. The rating was maintained by Cowen & Co on Thursday, February 22 with “Market Perform”. The stock of Green Dot Corporation (NYSE:GDOT) earned “Buy” rating by BTIG Research on Wednesday, November 8. Cowen & Co maintained the shares of GDOT in report on Friday, January 12 with “Hold” rating. The stock has “Buy” rating by Craig Hallum on Thursday, February 22.

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: