UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $12.02 Million Position in Pathward Financial, Inc. $CASH

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its position in Pathward Financial, Inc. (NASDAQ:CASH) by 11.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 138,067 shares of the savings and loans company’s stock after selling 17,220 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Pathward Financial were worth $12,020,000 at the end of the most recent quarter.

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

Wall Street Analyst Weigh In

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

Pathward Financial Stock Performance

CASH opened at $83.19 on Monday. The stock has a market capitalization of $1.73 billion, a P/E ratio of 10.42 and a beta of 0.60. Pathward Financial, Inc. has a 12 month low of $65.87 and a 12 month high of $101.26. The firm’s fifty day simple moving average is $86.82 and its 200 day simple moving average is $87.59. The company has a current ratio of 0.82, a quick ratio of 0.81 and a debt-to-equity ratio of 0.04.

Pathward Financial (NASDAQ:CASH) last released its 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). Pathward Financial had a return on equity of 20.61% and a net margin of 21.03%.The firm had revenue of $189.64 million for the quarter, compared to the consensus estimate of $191.18 million. 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, research analysts anticipate that Pathward Financial, Inc. will post 7.93 EPS for the current fiscal year.

Pathward Financial Dividend Announcement

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

About Pathward Financial

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.