Quantinno Capital Management LP Invests $1.10 Million in Pathward Financial, Inc. $CASH

Quantinno Capital Management LP acquired a new stake in Pathward Financial, Inc. (NASDAQ:CASH) during the 1st quarter, HoldingsChannel.com reports. The fund acquired 12,341 shares of the savings and loans company’s stock, valued at approximately $1,101,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CASH. First Trust Advisors LP increased its holdings in Pathward Financial by 42.5% during the 1st quarter. First Trust Advisors LP now owns 85,411 shares of the savings and loans company’s stock worth $7,621,000 after purchasing an additional 25,478 shares during the period. Comerica Bank boosted its stake in shares of Pathward Financial by 371.2% in the 4th quarter. Comerica Bank now owns 295,999 shares of the savings and loans company’s stock valued at $21,016,000 after buying an additional 233,177 shares during the period. WCM Investment Management LLC purchased a new position in shares of Pathward Financial in the 1st quarter valued at about $5,488,000. Renaissance Technologies LLC purchased a new position in shares of Pathward Financial in the 1st quarter valued at about $4,110,000. Finally, Horizon Investments LLC acquired a new position in shares of Pathward Financial during the fourth quarter worth about $603,000. 92.66% of the stock is currently owned by hedge funds and other institutional investors.

Pathward Financial Price Performance

Shares of NASDAQ:CASH opened at $86.67 on Friday. The company has a 50-day simple moving average of $86.93 and a 200-day simple moving average of $88.40. Pathward Financial, Inc. has a one year low of $65.87 and a one year high of $101.26. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.81 and a current ratio of 0.82. The stock has a market capitalization of $1.80 billion, a price-to-earnings ratio of 10.86 and a beta of 0.61.

Pathward Financial (NASDAQ:CASH) last released its quarterly 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 company had revenue of $189.64 million for the quarter, compared to analysts’ expectations 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. On average, analysts predict that Pathward Financial, Inc. will post 7.93 EPS for the current year.

Pathward Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Thursday, June 11th were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Thursday, June 11th. Pathward Financial’s dividend payout ratio (DPR) is presently 2.51%.

Insider Buying and Selling at Pathward Financial

In other Pathward Financial news, Director Elizabeth G. Hoople sold 4,500 shares of Pathward Financial stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $82.29, for a total value of $370,305.00. Following the transaction, the director directly owned 28,050 shares in the company, valued at approximately $2,308,234.50. This trade represents a 13.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.43% of the company’s stock.

Analyst Upgrades and Downgrades

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

Pathward Financial Profile

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.