Villanova Investment Management Co LLC Has $2.21 Million Stake in Green Dot Co. (NYSE:GDOT)

Villanova Investment Management Co LLC increased its stake in Green Dot Co. (NYSE:GDOT - Free Report) by 45.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 207,251 shares of the financial services provider's stock after purchasing an additional 65,124 shares during the quarter. Green Dot makes up 2.0% of Villanova Investment Management Co LLC's investment portfolio, making the stock its 20th largest holding. Villanova Investment Management Co LLC owned about 0.39% of Green Dot worth $2,205,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of Green Dot by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 3,584,651 shares of the financial services provider's stock valued at $38,141,000 after purchasing an additional 71,534 shares in the last quarter. State Street Corp raised its position in Green Dot by 5.6% during the third quarter. State Street Corp now owns 2,520,389 shares of the financial services provider's stock valued at $29,514,000 after buying an additional 133,200 shares during the period. Geode Capital Management LLC lifted its stake in Green Dot by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 1,237,767 shares of the financial services provider's stock worth $13,173,000 after acquiring an additional 14,771 shares in the last quarter. American Century Companies Inc. boosted its position in Green Dot by 42.5% during the 4th quarter. American Century Companies Inc. now owns 1,041,034 shares of the financial services provider's stock worth $11,077,000 after acquiring an additional 310,492 shares during the period. Finally, Prudential Financial Inc. boosted its position in Green Dot by 135.9% during the 4th quarter. Prudential Financial Inc. now owns 660,919 shares of the financial services provider's stock worth $7,032,000 after acquiring an additional 380,692 shares during the period. Institutional investors and hedge funds own 92.56% of the company's stock.

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Green Dot Stock Down 8.8 %

Shares of GDOT traded down $0.72 during midday trading on Friday, reaching $7.44. 1,464,450 shares of the stock were exchanged, compared to its average volume of 595,271. The company has a market cap of $403.47 million, a price-to-earnings ratio of -7.09 and a beta of 0.87. The firm has a 50 day simple moving average of $8.26 and a 200-day simple moving average of $9.90. Green Dot Co. has a 12-month low of $6.12 and a 12-month high of $13.58. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 0.05.

Analysts Set New Price Targets

GDOT has been the subject of a number of research analyst reports. Keefe, Bruyette & Woods reduced their price target on shares of Green Dot from $12.00 to $10.00 and set a "market perform" rating for the company in a research report on Friday, February 28th. Barclays cut their target price on shares of Green Dot from $10.00 to $7.00 and set an "underweight" rating for the company in a research report on Monday, March 3rd. Finally, Craig Hallum raised shares of Green Dot from a "hold" rating to a "buy" rating and set a $14.00 target price for the company in a research note on Friday, March 14th.

Green Dot Profile

Green Dot Corporation, a financial technology and registered bank holding company, provides various financial services to consumers and businesses in the United States. It operates through three segments: Consumer Services, Business to Business Services, and Money Movement Services. The company provides deposit account programs, including consumer and small business checking account products, network-branded reloadable prepaid debit cards and gift cards, and secured credit programs.