Green Dot Corp (GDOT) Shareholder Harvest Capital Strategies LLC Has Lowered Holding

January 10, 2018 - By Henry Gaston

Investors sentiment increased to 1.38 in 2017 Q3. Its up 0.47, from 0.91 in 2017Q2. It increased, as 16 investors sold GDOT shares while 58 reduced holdings. 36 funds opened positions while 66 raised stakes. 39.20 million shares or 6.77% more from 36.72 million shares in 2017Q2 were reported. Piermont reported 72,759 shares. Ubs Asset Mngmt Americas Incorporated invested 0% in Green Dot Corporation (NYSE:GDOT). Quantbot Tech Lp, a New York-based fund reported 4,866 shares. Voya Mgmt Lc accumulated 21,449 shares or 0% of the stock. Aqr Mngmt Ltd Liability Company reported 0% stake. Commercial Bank Of America Corporation De holds 0% in Green Dot Corporation (NYSE:GDOT) or 135,434 shares. 780,655 are held by Frontier Cap Mngmt Ltd Llc. Principal Grp Inc reported 0.02% of its portfolio in Green Dot Corporation (NYSE:GDOT). Hartford Invest Mngmt reported 4,100 shares. Spark Mgmt Llc invested 0.21% of its portfolio in Green Dot Corporation (NYSE:GDOT). Sheets Smith Wealth stated it has 0.08% of its portfolio in Green Dot Corporation (NYSE:GDOT). Diligent Invsts Lc owns 31,433 shares or 1.14% of their US portfolio. State Street has 0% invested in Green Dot Corporation (NYSE:GDOT) for 1.07M shares. Hsbc Public Lc owns 25,187 shares for 0% of their portfolio. Moreover, Great West Life Assurance Co Can has 0.01% invested in Green Dot Corporation (NYSE:GDOT) for 60,769 shares.

Since August 1, 2017, it had 0 buys, and 24 sales for $11.70 million activity. Another trade for 6,500 shares valued at $399,053 was sold by Shifke Mark L. Aldrich Kenneth C sold 10,000 shares worth $495,434. Archer Kuan also sold $496,962 worth of Green Dot Corporation (NYSE:GDOT) on Tuesday, August 1. $977,642 worth of Green Dot Corporation (NYSE:GDOT) was sold by Ricci John C on Thursday, August 17. The insider Unruh Jess sold $780,018. Date Rajeev V had sold 4,674 shares worth $212,454 on Friday, August 11.

Harvest Capital Strategies Llc decreased its stake in Green Dot Corp (GDOT) by 45.8% based on its latest 2017Q3 regulatory filing with the SEC. Harvest Capital Strategies Llc sold 1.87 million shares as the company’s stock rose 33.10% with the market. The institutional investor held 2.21 million shares of the consumer services company at the end of 2017Q3, valued at $109.47 million, down from 4.07M at the end of the previous reported quarter. Harvest Capital Strategies Llc who had been investing in Green Dot Corp for a number of months, seems to be less bullish one the $3.06B market cap company. The stock decreased 2.05% or $1.29 during the last trading session, reaching $61.78. About 247,096 shares traded. Green Dot Corporation (NYSE:GDOT) has risen 53.57% since January 10, 2017 and is uptrending. It has outperformed by 36.87% the S&P500.

Harvest Capital Strategies Llc, which manages about $1.58B and $523.53M US Long portfolio, upped its stake in Ascena Retail Group Inc (NASDAQ:ASNA) by 9.90M shares to 11.90 million shares, valued at $29.16 million in 2017Q3, according to the filing.

Analysts await Green Dot Corporation (NYSE:GDOT) to report earnings on February, 28. They expect $0.15 earnings per share, up 50.00 % or $0.05 from last year’s $0.1 per share. GDOT’s profit will be $7.42 million for 102.97 P/E if the $0.15 EPS becomes a reality. After $0.21 actual earnings per share reported by Green Dot Corporation for the previous quarter, Wall Street now forecasts -28.57 % negative EPS growth.

More notable recent Green Dot Corporation (NYSE:GDOT) news were published by: Seekingalpha.com which released: “Green Dot’s (GDOT) CEO Steven Streit on Q3 2017 Results – Earnings Call Transcript” on November 08, 2017, also Seekingalpha.com with their article: “Green Dot (GDOT) Q1 2017 Results – Earnings Call Transcript” published on May 10, 2017, Forbes.com published: “Green Dot To Buy RushCard For At Least $167 Million” on January 31, 2017. More interesting news about Green Dot Corporation (NYSE:GDOT) were released by: Businesswire.com and their article: “Green Dot and Harvest Announce Advisory Arrangement” published on March 13, 2017 as well as Seekingalpha.com‘s news article titled: “Green Dot’s (GDOT) CEO Steven Streit on Q2 2017 Results – Earnings Call Transcript” with publication date: August 09, 2017.

Green Dot Corporation (NYSE:GDOT) Ratings Coverage

Among 18 analysts covering Green Dot (NYSE:GDOT), 8 have Buy rating, 0 Sell and 10 Hold. Therefore 44% are positive. Green Dot has $73 highest and $17 lowest target. $47’s average target is -23.92% below currents $61.78 stock price. Green Dot had 41 analyst reports since August 5, 2015 according to SRatingsIntel. The company was maintained on Monday, August 7 by Northland Capital. The firm has “Sector Perform” rating given on Tuesday, August 25 by Portales Partners. The stock of Green Dot Corporation (NYSE:GDOT) has “Hold” rating given on Monday, November 13 by Citigroup. Deutsche Bank maintained the stock with “Hold” rating in Thursday, February 25 report. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, July 6. The stock of Green Dot Corporation (NYSE:GDOT) has “” rating given on Friday, November 6 by Deutsche Bank. The stock of Green Dot Corporation (NYSE:GDOT) earned “Neutral” rating by Compass Point on Thursday, February 25. As per Monday, November 13, the company rating was maintained by Jefferies. On Wednesday, November 8 the stock rating was upgraded by BTIG Research to “Buy”. The rating was maintained by Cowen & Co with “Hold” on Tuesday, August 8.

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