Euronet Worldwide, Inc. $EEFT Shares Bought by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. grew its holdings in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) by 9,307.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 12,230 shares of the business services provider’s stock after acquiring an additional 12,100 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in Euronet Worldwide were worth $931,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of EEFT. Tudor Investment Corp ET AL acquired a new stake in shares of Euronet Worldwide in the third quarter valued at $42,813,000. AQR Capital Management LLC increased its position in Euronet Worldwide by 131.9% in the 2nd quarter. AQR Capital Management LLC now owns 1,308,267 shares of the business services provider’s stock worth $132,632,000 after purchasing an additional 744,040 shares during the last quarter. Voss Capital LP increased its position in Euronet Worldwide by 66.5% in the 3rd quarter. Voss Capital LP now owns 1,340,000 shares of the business services provider’s stock worth $117,665,000 after purchasing an additional 535,000 shares during the last quarter. American Century Companies Inc. increased its position in Euronet Worldwide by 29.7% in the 3rd quarter. American Century Companies Inc. now owns 1,741,996 shares of the business services provider’s stock worth $152,965,000 after purchasing an additional 399,263 shares during the last quarter. Finally, Boston Partners bought a new stake in shares of Euronet Worldwide during the 3rd quarter worth about $23,455,000. Institutional investors and hedge funds own 91.60% of the company’s stock.

Insider Activity at Euronet Worldwide

In related news, Director Thomas A. Mcdonnell acquired 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was acquired at an average cost of $66.87 per share, with a total value of $200,610.00. Following the completion of the purchase, the director directly owned 100,219 shares in the company, valued at approximately $6,701,644.53. This trade represents a 3.09% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 12.19% of the stock is currently owned by company insiders.

Euronet Worldwide Stock Up 1.9%

NASDAQ EEFT opened at $73.88 on Tuesday. The stock has a fifty day moving average of $69.82 and a 200-day moving average of $72.02. The stock has a market capitalization of $2.81 billion, a P/E ratio of 10.66, a price-to-earnings-growth ratio of 0.57 and a beta of 0.83. Euronet Worldwide, Inc. has a 52 week low of $63.73 and a 52 week high of $114.25. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.28 and a current ratio of 1.28.

Euronet Worldwide (NASDAQ:EEFT) last released its earnings results on Wednesday, April 29th. The business services provider reported $1.58 EPS for the quarter, beating the consensus estimate of $1.42 by $0.16. Euronet Worldwide had a return on equity of 28.37% and a net margin of 7.15%.The company had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $969.68 million. During the same period last year, the firm earned $1.13 EPS. The business’s revenue for the quarter was up 10.5% on a year-over-year basis. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. On average, equities research analysts forecast that Euronet Worldwide, Inc. will post 9.83 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on EEFT shares. Needham & Company LLC reiterated a “buy” rating and set a $85.00 price target on shares of Euronet Worldwide in a research note on Friday, May 22nd. Keefe, Bruyette & Woods reduced their price objective on Euronet Worldwide from $85.00 to $75.00 and set a “market perform” rating for the company in a research report on Friday, February 13th. DA Davidson cut their target price on Euronet Worldwide from $112.00 to $102.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Finally, Weiss Ratings downgraded Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, April 2nd. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $95.00.

About Euronet Worldwide

Euronet Worldwide, Inc is a global financial technology company specializing in electronic payment services and transaction processing. Through its three primary business segments—Electronic Funds Transfer (EFT) Network Services, epay® Prepaid and Payment Services, and Money Transfer—Euronet provides end-to-end solutions that enable secure, efficient and convenient payments for consumers, financial institutions and retailers worldwide.

In its EFT Network Services arm, Euronet operates one of the world’s largest ATM and point-of-sale (POS) terminal networks, offering deployment, management and connectivity services.