Green Dot Corporation (GDOT) Shares Bought by AHL Partners LLP

AHL Partners LLP raised its stake in shares of Green Dot Corporation (NYSE:GDOT) by 658.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 91,804 shares of the financial services provider’s stock after purchasing an additional 79,700 shares during the quarter. AHL Partners LLP owned approximately 0.18% of Green Dot Corporation worth $3,537,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of GDOT. Comerica Bank increased its position in Green Dot Corporation by 5.1% during the 1st quarter. Comerica Bank now owns 49,347 shares of the financial services provider’s stock valued at $1,703,000 after purchasing an additional 2,399 shares during the period. Swiss National Bank increased its position in Green Dot Corporation by 4.5% during the 1st quarter. Swiss National Bank now owns 74,400 shares of the financial services provider’s stock valued at $2,482,000 after purchasing an additional 3,200 shares during the period. UBS Asset Management Americas Inc. increased its position in Green Dot Corporation by 34.1% during the 1st quarter. UBS Asset Management Americas Inc. now owns 19,975 shares of the financial services provider’s stock valued at $666,000 after purchasing an additional 5,076 shares during the period. Karp Capital Management Corp purchased a new position in Green Dot Corporation during the 1st quarter valued at $706,000. Finally, Ameritas Investment Partners Inc. purchased a new position in Green Dot Corporation during the 1st quarter valued at $118,000. 77.43% of the stock is currently owned by institutional investors and hedge funds.

Shares of Green Dot Corporation (GDOT) opened at 54.56 on Tuesday. The company’s 50-day moving average is $48.67 and its 200 day moving average is $40.44. Green Dot Corporation has a 12 month low of $21.45 and a 12 month high of $55.57. The stock has a market capitalization of $2.75 billion, a P/E ratio of 46.39 and a beta of 1.00.

Green Dot Corporation (NYSE:GDOT) last released its quarterly earnings data on Tuesday, August 8th. The financial services provider reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.16. Green Dot Corporation had a return on equity of 12.13% and a net margin of 7.66%. The firm had revenue of $222.50 million during the quarter, compared to the consensus estimate of $208.59 million. During the same period in the previous year, the company posted $0.27 earnings per share. The firm’s quarterly revenue was up 28.2% on a year-over-year basis. Equities research analysts predict that Green Dot Corporation will post $2.05 earnings per share for the current year.

A number of research analysts have issued reports on the stock. SunTrust Banks, Inc. reissued a “buy” rating on shares of Green Dot Corporation in a research report on Wednesday, September 20th. BidaskClub raised shares of Green Dot Corporation from a “buy” rating to a “strong-buy” rating in a research report on Tuesday. Zacks Investment Research raised shares of Green Dot Corporation from a “hold” rating to a “buy” rating and set a $44.00 price objective on the stock in a research report on Wednesday, July 12th. Cowen and Company reissued a “hold” rating on shares of Green Dot Corporation in a research report on Thursday, August 10th. Finally, Lake Street Capital raised shares of Green Dot Corporation from a “hold” rating to a “buy” rating and boosted their price objective for the company from $41.00 to $44.00 in a research report on Wednesday, August 9th. Five analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $45.91.

In other Green Dot Corporation news, CFO Mark L. Shifke sold 5,000 shares of Green Dot Corporation stock in a transaction dated Wednesday, July 12th. The stock was sold at an average price of $39.86, for a total value of $199,300.00. Following the transaction, the chief financial officer now owns 762,575 shares in the company, valued at $30,396,239.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Steven W. Streit sold 7,995 shares of Green Dot Corporation stock in a transaction dated Thursday, October 5th. The shares were sold at an average price of $50.90, for a total value of $406,945.50. The disclosure for this sale can be found here. Insiders sold 166,151 shares of company stock worth $7,601,462 in the last quarter. 11.00% of the stock is owned by insiders.

COPYRIGHT VIOLATION NOTICE: This report was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this report on another website, it was copied illegally and reposted in violation of US and international trademark & copyright legislation. The original version of this report can be viewed

A number of other institutional investors also recently modified their holdings of GDOT. Comerica Bank increased its position in Green Dot Corporation by 5.1% during the 1st quarter. Comerica Bank now owns 49,347 shares of the financial services provider’s stock valued at $1,703,000 after purchasing an additional 2,399 shares during the period. Swiss National Bank increased its position in Green Dot Corporation by 4.5% during the 1st quarter. Swiss National Bank now owns 74,400 shares of the financial services provider’s stock valued at $2,482,000 after purchasing an additional 3,200 shares during the period. UBS Asset Management Americas Inc. increased its position in Green Dot Corporation by 34.1% during the 1st quarter. UBS Asset Management Americas Inc. now owns 19,975 shares of the financial services provider’s stock valued at $666,000 after purchasing an additional 5,076 shares during the period. Karp Capital Management Corp purchased a new position in Green Dot Corporation during the 1st quarter valued at $706,000. Finally, Ameritas Investment Partners Inc. purchased a new position in Green Dot Corporation during the 1st quarter valued at $118,000. 77.43% of the stock is currently owned by institutional investors and hedge funds.

Shares of Green Dot Corporation (GDOT) opened at 54.56 on Tuesday. The company’s 50-day moving average is $48.67 and its 200 day moving average is $40.44. Green Dot Corporation has a 12 month low of $21.45 and a 12 month high of $55.57. The stock has a market capitalization of $2.75 billion, a P/E ratio of 46.39 and a beta of 1.00.

Green Dot Corporation (NYSE:GDOT) last released its quarterly earnings data on Tuesday, August 8th. The financial services provider reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.16. Green Dot Corporation had a return on equity of 12.13% and a net margin of 7.66%. The firm had revenue of $222.50 million during the quarter, compared to the consensus estimate of $208.59 million. During the same period in the previous year, the company posted $0.27 earnings per share. The firm’s quarterly revenue was up 28.2% on a year-over-year basis. Equities research analysts predict that Green Dot Corporation will post $2.05 earnings per share for the current year.

A number of research analysts have issued reports on the stock. SunTrust Banks, Inc. reissued a “buy” rating on shares of Green Dot Corporation in a research report on Wednesday, September 20th. BidaskClub raised shares of Green Dot Corporation from a “buy” rating to a “strong-buy” rating in a research report on Tuesday. Zacks Investment Research raised shares of Green Dot Corporation from a “hold” rating to a “buy” rating and set a $44.00 price objective on the stock in a research report on Wednesday, July 12th. Cowen and Company reissued a “hold” rating on shares of Green Dot Corporation in a research report on Thursday, August 10th. Finally, Lake Street Capital raised shares of Green Dot Corporation from a “hold” rating to a “buy” rating and boosted their price objective for the company from $41.00 to $44.00 in a research report on Wednesday, August 9th. Five analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $45.91.

In other Green Dot Corporation news, CFO Mark L. Shifke sold 5,000 shares of Green Dot Corporation stock in a transaction dated Wednesday, July 12th. The stock was sold at an average price of $39.86, for a total value of $199,300.00. Following the transaction, the chief financial officer now owns 762,575 shares in the company, valued at $30,396,239.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Steven W. Streit sold 7,995 shares of Green Dot Corporation stock in a transaction dated Thursday, October 5th. The shares were sold at an average price of $50.90, for a total value of $406,945.50. The disclosure for this sale can be found here. Insiders sold 166,151 shares of company stock worth $7,601,462 in the last quarter. 11.00% of the stock is owned by insiders.

COPYRIGHT VIOLATION NOTICE: This report was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this report on another website, it was copied illegally and reposted in violation of US and international trademark & copyright legislation. The original version of this report can be viewed at https://ledgergazette.com/2017/10/10/green-dot-corporation-gdot-shares-bought-by-ahl-partners-llp.html.

About Green Dot Corporation

Green Dot Corporation (Green Dot) is a pro-consumer financial technology innovator. The Company is a provider of reloadable prepaid debit cards and cash reload processing services in the United States. The Company operates through two segments: Account Services, and Processing and Settlement Services.

Want to see what other hedge funds are holding GDOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Green Dot Corporation (NYSE:GDOT).

Institutional Ownership by Quarter for Green Dot Corporation (NYSE:GDOT)

Receive News & Ratings for Green Dot Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Green Dot Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply