Pathward Financial, Inc. $CASH Shares Bought by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC raised its position in Pathward Financial, Inc. (NASDAQ:CASHFree Report) by 40.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,053 shares of the savings and loans company’s stock after buying an additional 6,387 shares during the quarter. Susquehanna Fundamental Investments LLC’s holdings in Pathward Financial were worth $1,920,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of CASH. EverSource Wealth Advisors LLC grew its position in shares of Pathward Financial by 43,200.0% during the second quarter. EverSource Wealth Advisors LLC now owns 433 shares of the savings and loans company’s stock worth $34,000 after acquiring an additional 432 shares during the last quarter. State of Wyoming purchased a new stake in Pathward Financial in the 2nd quarter valued at $46,000. Smartleaf Asset Management LLC raised its position in Pathward Financial by 23.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 630 shares of the savings and loans company’s stock valued at $45,000 after purchasing an additional 118 shares during the last quarter. Rockefeller Capital Management L.P. boosted its stake in Pathward Financial by 225.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 853 shares of the savings and loans company’s stock worth $61,000 after purchasing an additional 591 shares during the period. Finally, New Age Alpha Advisors LLC acquired a new stake in Pathward Financial during the 4th quarter worth $77,000. 92.66% of the stock is owned by institutional investors and hedge funds.

Pathward Financial Stock Down 1.4%

CASH stock opened at $80.34 on Wednesday. Pathward Financial, Inc. has a one year low of $65.87 and a one year high of $101.26. The stock has a market capitalization of $1.67 billion, a PE ratio of 10.07 and a beta of 0.60. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.81 and a current ratio of 0.82. The company has a fifty day moving average of $87.07 and a 200-day moving average of $87.76.

Pathward Financial (NASDAQ:CASHGet Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The savings and loans company reported $1.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.58). The firm had revenue of $189.64 million for the quarter, compared to analyst estimates of $191.18 million. Pathward Financial had a return on equity of 20.61% and a net margin of 21.03%.Pathward Financial has set its FY 2027 guidance at 9.500-10.000 EPS and its FY 2026 guidance at 7.800-8.200 EPS. As a group, analysts expect that Pathward Financial, Inc. will post 7.93 EPS for the current year.

Pathward Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be given a dividend of $0.05 per share. The ex-dividend date is Thursday, September 10th. This represents a $0.20 annualized dividend and a yield of 0.2%. Pathward Financial’s payout ratio is presently 2.51%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on CASH shares. Keefe, Bruyette & Woods lowered their price objective on shares of Pathward Financial from $108.00 to $97.00 and set an “outperform” rating on the stock in a research report on Thursday, July 23rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Pathward Financial in a research note on Wednesday, August 5th. Finally, Piper Sandler reissued an “overweight” rating and set a $105.00 price target (down from $107.00) on shares of Pathward Financial in a report on Thursday, July 23rd. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $101.00.

Read Our Latest Stock Analysis on CASH

About Pathward Financial

(Free Report)

Pathward Financial (NASDAQ:CASH) is a U.S.-based financial services company that operates through its wholly owned subsidiary, Pathward Bank. The company provides a range of banking and payment solutions designed for consumers, small businesses, community banks and fintech partners. Core offerings include deposit accounts, consumer and commercial lending, debit and prepaid card programs, digital banking platforms and treasury management services.

Through its banking charter, Pathward Financial delivers customizable payment solutions, including prepaid cards, payroll cards and benefit disbursement programs.

See Also

Want to see what other hedge funds are holding CASH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pathward Financial, Inc. (NASDAQ:CASHFree Report).

Institutional Ownership by Quarter for Pathward Financial (NASDAQ:CASH)

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