What’s Green Dot Corporation (GDOT) Upside After Today’s Huge Increase?

Green Dot Corporation (NYSE:GDOT) Logo

Investors sentiment decreased to 1.09 in 2019 Q1. Its down 0.15, from 1.24 in 2018Q4. It turned negative, as 38 investors sold Green Dot Corporation shares while 79 reduced holdings. 53 funds opened positions while 75 raised stakes. 43.79 million shares or 3.31% less from 45.29 million shares in 2018Q4 were reported.
Manchester Cap Management Ltd Limited Liability Company invested in 876 shares or 0.01% of the stock. 137,506 were reported by Jpmorgan Chase. American Interest Inc has invested 0.03% in Green Dot Corporation (NYSE:GDOT). Sg Americas Ltd has invested 0.04% in Green Dot Corporation (NYSE:GDOT). Oregon Pub Employees Retirement Fund accumulated 24,963 shares. Landscape Ltd Liability Co stated it has 0.02% in Green Dot Corporation (NYSE:GDOT). Moreover, Sei Invs has 0.03% invested in Green Dot Corporation (NYSE:GDOT) for 136,782 shares. Guggenheim Cap Ltd Limited Liability Company owns 11,842 shares or 0.01% of their US portfolio. Frontier Mngmt Ltd holds 0.11% or 250,595 shares. Stone Ridge Asset Limited Company holds 0.06% of its portfolio in Green Dot Corporation (NYSE:GDOT) for 16,063 shares. Susquehanna Gru Limited Liability Partnership holds 0% of its portfolio in Green Dot Corporation (NYSE:GDOT) for 9,897 shares. Moreover, Tci Wealth Advisors has 0% invested in Green Dot Corporation (NYSE:GDOT). Great West Life Assurance Can holds 28,422 shares. Origin Asset Management Ltd Liability Partnership accumulated 6,294 shares. 2,347 were accumulated by Fmr Llc.

The stock of Green Dot Corporation (NYSE:GDOT) is a huge mover today! The stock increased 4.88% or $1.36 during the last trading session, reaching $29.22. About 1.34M shares traded or 68.55% up from the average. Green Dot Corporation (NYSE:GDOT) has declined 35.46% since August 13, 2018 and is downtrending. It has underperformed by 35.46% the S&P500.
The move comes after 7 months positive chart setup for the $1.51B company. It was reported on Aug, 13 by Barchart.com. We have $30.68 PT which if reached, will make NYSE:GDOT worth $75.70 million more.

Green Dot Corporation (NYSE:GDOT) Ratings Coverage

Among 6 analysts covering Green Dot (NYSE:GDOT), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Green Dot had 16 analyst reports since February 21, 2019 according to SRatingsIntel. SunTrust maintained the shares of GDOT in report on Thursday, March 14 with “Buy” rating. Wood downgraded the stock to “Market Perform” rating in Thursday, August 8 report. Deutsche Bank maintained Green Dot Corporation (NYSE:GDOT) on Thursday, February 21 with “Hold” rating. Guggenheim maintained Green Dot Corporation (NYSE:GDOT) rating on Tuesday, March 26. Guggenheim has “Buy” rating and $87 target. The firm has “Buy” rating given on Thursday, March 7 by Loop Capital Markets. The rating was maintained by Barclays Capital with “Buy” on Friday, March 8. The company was maintained on Thursday, February 21 by Loop Capital Markets. On Thursday, August 8 the stock rating was maintained by Deutsche Bank with “Hold”. The rating was maintained by Barclays Capital with “Buy” on Monday, February 25.

More notable recent Green Dot Corporation (NYSE:GDOT) news were published by: Seekingalpha.com which released: “ANGI, CNVA, GDOT, and ROKU among midday movers – Seeking Alpha” on August 08, 2019, also Finance.Yahoo.com with their article: “US Stocks Advance Thursday – Yahoo Finance” published on August 09, 2019, Seekingalpha.com published: “Triple-S Management leads financial gainers, Green Dot and Virtu Financial among losers – Seeking Alpha” on August 08, 2019. More interesting news about Green Dot Corporation (NYSE:GDOT) were released by: Finance.Yahoo.com and their article: “The Green Dot (NYSE:GDOT) Share Price Is Up 175% And Shareholders Are Boasting About It – Yahoo Finance” published on July 05, 2019 as well as Finance.Yahoo.com‘s news article titled: “Hedge Funds Have Never Been This Bullish On Green Dot Corporation (GDOT) – Yahoo Finance” with publication date: June 21, 2019.

Green Dot Corporation, together with its subsidiaries, operates as a pro-consumer technology bank holding firm that provides personal banking for the masses. The company has market cap of $1.51 billion. It offers reloadable prepaid debit cards and cash reload processing services in the United States, as well as mobile banking services with its GoBank mobile checking account. It has a 13.54 P/E ratio. The company's products include Green Dot MasterCards, Visa-branded prepaid debit cards, and various co-branded reloadable prepaid card programs; Visa-branded gift and credit cards; and swipe reload products, which enables cash loading and transfer services through Green Dot Network.

Green Dot Corporation (NYSE:GDOT) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.