Menta Capital LLC Takes $124,000 Position in GreenSky Inc (GSKY)

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Menta Capital LLC bought a new position in GreenSky Inc (NASDAQ:GSKY) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 12,957 shares of the company’s stock, valued at approximately $124,000.

Other institutional investors have also modified their holdings of the company. Advisor Group Inc. boosted its position in shares of GreenSky by 140.1% in the fourth quarter. Advisor Group Inc. now owns 3,446 shares of the company’s stock worth $34,000 after buying an additional 2,011 shares during the period. Royce & Associates LP acquired a new stake in shares of GreenSky in the fourth quarter worth about $55,000. JOYN Advisors Inc. lifted its position in shares of GreenSky by 76.5% in the fourth quarter. JOYN Advisors Inc. now owns 7,500 shares of the company’s stock worth $72,000 after buying an additional 3,250 shares during the last quarter. Wilbanks Smith & Thomas Asset Management LLC acquired a new stake in shares of GreenSky in the fourth quarter worth about $120,000. Finally, Berman Capital Advisors LLC acquired a new stake in shares of GreenSky in the fourth quarter worth about $143,000. 31.70% of the stock is owned by institutional investors and hedge funds.

GreenSky stock opened at $13.53 on Friday. The stock has a market capitalization of $2.44 billion and a PE ratio of 193.29. GreenSky Inc has a 52 week low of $8.30 and a 52 week high of $27.01.

GreenSky (NASDAQ:GSKY) last posted its quarterly earnings data on Tuesday, March 5th. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. The business had revenue of $109.70 million for the quarter, compared to analyst estimates of $103.02 million. GreenSky had a negative return on equity of 45.61% and a net margin of 8.99%. The firm’s revenue was up 22.2% compared to the same quarter last year. On average, research analysts predict that GreenSky Inc will post 0.71 EPS for the current fiscal year.

GSKY has been the subject of a number of analyst reports. Sandler O’Neill raised GreenSky from a “hold” rating to a “buy” rating in a research report on Monday, December 10th. Zacks Investment Research cut GreenSky from a “hold” rating to a “sell” rating in a research report on Wednesday, January 2nd. Finally, SunTrust Banks boosted their price target on GreenSky to $14.00 and gave the stock a “buy” rating in a research report on Wednesday, March 6th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the company’s stock. GreenSky has an average rating of “Buy” and an average target price of $20.85.

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GreenSky Profile

GreenSky, Inc, a technology company, provides point-of-sale financing and payment solutions to merchants, consumers, and banks. It offers a proprietary technology infrastructure that support the full transaction lifecycle, including credit application, underwriting, real-time allocation to bank partners, document distribution, funding, settlement, and servicing functions.

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Institutional Ownership by Quarter for GreenSky (NASDAQ:GSKY)

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