XTX Topco Ltd Acquires New Position in Green Dot Co. (NYSE:GDOT)

XTX Topco Ltd acquired a new stake in Green Dot Co. (NYSE:GDOT - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 42,882 shares of the financial services provider's stock, valued at approximately $456,000. XTX Topco Ltd owned approximately 0.08% of Green Dot at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in GDOT. Meeder Asset Management Inc. acquired a new stake in shares of Green Dot during the fourth quarter worth about $44,000. KLP Kapitalforvaltning AS purchased a new stake in shares of Green Dot in the 4th quarter valued at $84,000. New York State Common Retirement Fund increased its stake in shares of Green Dot by 63.1% in the fourth quarter. New York State Common Retirement Fund now owns 11,892 shares of the financial services provider's stock worth $127,000 after acquiring an additional 4,600 shares during the period. Polymer Capital Management US LLC purchased a new position in shares of Green Dot during the fourth quarter worth $131,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Green Dot by 25.3% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 16,513 shares of the financial services provider's stock valued at $164,000 after purchasing an additional 3,339 shares during the period. 92.56% of the stock is owned by hedge funds and other institutional investors.

Green Dot Price Performance

Shares of Green Dot stock traded up $0.10 during trading hours on Friday, reaching $8.17. 165,172 shares of the company's stock were exchanged, compared to its average volume of 603,893. The business has a fifty day moving average of $7.74 and a two-hundred day moving average of $9.46. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $443.28 million, a P/E ratio of -7.77 and a beta of 0.87. Green Dot Co. has a 1 year low of $6.12 and a 1 year high of $13.58.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Craig Hallum upgraded Green Dot from a "hold" rating to a "buy" rating and set a $14.00 price objective for the company in a research note on Friday, March 14th. Barclays decreased their price target on Green Dot from $10.00 to $7.00 and set an "underweight" rating for the company in a report on Monday, March 3rd. Northland Capmk raised shares of Green Dot from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 9th. Northland Securities upgraded shares of Green Dot from a "market perform" rating to an "outperform" rating and set a $12.00 target price for the company in a research note on Wednesday, April 9th. Finally, Keefe, Bruyette & Woods cut their price objective on shares of Green Dot from $12.00 to $10.00 and set a "market perform" rating for the company in a report on Friday, February 28th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $10.75.

About Green Dot

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.