Pathward Financial, Inc. $CASH Stock Holdings Reduced by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd reduced its position in Pathward Financial, Inc. (NASDAQ:CASH) by 67.2% during the 1st quarter, HoldingsChannel.com reports. The firm owned 5,791 shares of the savings and loans company’s stock after selling 11,878 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Pathward Financial were worth $517,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its holdings in shares of Pathward Financial by 43,200.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 433 shares of the savings and loans company’s stock valued at $34,000 after buying an additional 432 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in Pathward Financial by 23.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 630 shares of the savings and loans company’s stock worth $45,000 after buying an additional 118 shares during the last quarter. State of Wyoming bought a new position in Pathward Financial during the second quarter valued at approximately $46,000. Rockefeller Capital Management L.P. raised its position in Pathward Financial by 225.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 853 shares of the savings and loans company’s stock valued at $61,000 after acquiring an additional 591 shares in the last quarter. Finally, New Age Alpha Advisors LLC bought a new position in Pathward Financial during the fourth quarter valued at approximately $77,000. 92.66% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Douglas J. Hajek sold 5,000 shares of the stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $86.37, for a total transaction of $431,850.00. Following the completion of the sale, the director owned 12,281 shares in the company, valued at $1,060,709.97. This represents a 28.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Elizabeth G. Hoople sold 4,500 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $82.29, for a total value of $370,305.00. Following the completion of the sale, the director directly owned 28,050 shares in the company, valued at $2,308,234.50. This trade represents a 13.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.43% of the company’s stock.

Pathward Financial Price Performance

Shares of Pathward Financial stock opened at $90.78 on Tuesday. The company has a current ratio of 0.81, a quick ratio of 0.80 and a debt-to-equity ratio of 0.04. The firm has a fifty day simple moving average of $84.10 and a 200-day simple moving average of $86.20. The stock has a market capitalization of $1.92 billion, a price-to-earnings ratio of 10.78 and a beta of 0.60. Pathward Financial, Inc. has a 1-year low of $65.87 and a 1-year high of $101.26.

Pathward Financial (NASDAQ:CASH) last posted its earnings results on Wednesday, April 22nd. The savings and loans company reported $3.35 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $3.35. The business had revenue of $276.30 million for the quarter, compared to analyst estimates of $272.04 million. Pathward Financial had a net margin of 22.42% and a return on equity of 22.35%. Pathward Financial’s revenue was up 5.1% compared to the same quarter last year. During the same period last year, the business posted $3.11 EPS. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. On average, sell-side analysts expect that Pathward Financial, Inc. will post 8.73 earnings per share for the current year.

Pathward Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Thursday, June 11th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Thursday, June 11th. Pathward Financial’s dividend payout ratio (DPR) is currently 2.38%.

Analyst Upgrades and Downgrades

Several research firms have commented on CASH. Weiss Ratings reissued a “buy (b)” rating on shares of Pathward Financial in a research report on Friday, May 8th. Keefe, Bruyette & Woods raised their price target on shares of Pathward Financial from $100.00 to $108.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $107.50.

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.