Green Dot Corporation $GDOT Shares Bought by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC boosted its position in shares of Green Dot Corporation (NYSE:GDOT) by 175.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 343,870 shares of the financial services provider’s stock after buying an additional 218,870 shares during the period. Thompson Siegel & Walmsley LLC owned 0.62% of Green Dot worth $4,405,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in GDOT. Tower Research Capital LLC TRC boosted its stake in shares of Green Dot by 23.1% in the second quarter. Tower Research Capital LLC TRC now owns 6,504 shares of the financial services provider’s stock valued at $70,000 after buying an additional 1,221 shares in the last quarter. Caxton Associates LLP acquired a new position in Green Dot during the first quarter worth $96,000. OLD National Bancorp IN acquired a new position in Green Dot during the fourth quarter worth $128,000. Zacks Investment Management acquired a new position in Green Dot during the third quarter worth $188,000. Finally, State of Tennessee Department of Treasury raised its holdings in Green Dot by 99.0% during the second quarter. State of Tennessee Department of Treasury now owns 22,966 shares of the financial services provider’s stock worth $248,000 after purchasing an additional 11,423 shares during the last quarter. Institutional investors and hedge funds own 92.56% of the company’s stock.

Green Dot Price Performance

GDOT stock opened at $12.76 on Tuesday. The stock has a 50-day moving average price of $12.08 and a two-hundred day moving average price of $12.13. Green Dot Corporation has a 12-month low of $9.13 and a 12-month high of $15.41. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 0.07. The company has a market cap of $722.95 million, a PE ratio of -9.66 and a beta of 0.86.

Green Dot (NYSE:GDOT) last posted its quarterly earnings results on Monday, May 11th. The financial services provider reported $1.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.24. Green Dot had a positive return on equity of 7.56% and a negative net margin of 3.25%.The firm had revenue of $652.03 million during the quarter, compared to the consensus estimate of $597.39 million. As a group, research analysts predict that Green Dot Corporation will post 1.33 EPS for the current year.

Wall Street Analyst Weigh In

GDOT has been the subject of several research reports. Craig Hallum reaffirmed a “buy” rating and set a $18.00 price objective on shares of Green Dot in a report on Tuesday, March 17th. Zacks Research raised Green Dot from a “hold” rating to a “strong-buy” rating in a report on Friday. Wall Street Zen raised Green Dot from a “sell” rating to a “hold” rating in a report on Sunday, March 22nd. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Green Dot in a report on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Green Dot has a consensus rating of “Hold” and a consensus target price of $14.75.

Green Dot Company Profile

Green Dot Corporation (NYSE: GDOT) is a financial technology and bank holding company that provides prepaid debit cards, cash reload processing services and consumer banking products through its subsidiary, Green Dot Bank. The firm offers reloadable prepaid cards under its own brand and through partnerships with retailers, payments networks and banks. In addition to consumer-focused prepaid card accounts, Green Dot delivers payroll card services, government disbursement programs and B2B payment solutions that enable businesses to distribute funds digitally to end users.

Founded in 1999 by Steve Streit and headquartered in Austin, Texas, Green Dot began as a prepaid MasterCard provider sold through retail outlets.