4,630 Shares in Euronet Worldwide, Inc. (EEFT) Purchased by Xact Kapitalforvaltning AB

Xact Kapitalforvaltning AB bought a new position in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 4,630 shares of the business services provider’s stock, valued at approximately $390,000.

A number of other large investors have also modified their holdings of the business. Victory Capital Management Inc. boosted its position in Euronet Worldwide by 12.1% during the fourth quarter. Victory Capital Management Inc. now owns 2,712,984 shares of the business services provider’s stock worth $228,623,000 after purchasing an additional 292,777 shares during the period. William Blair Investment Management LLC boosted its position in Euronet Worldwide by 35.7% during the fourth quarter. William Blair Investment Management LLC now owns 1,198,180 shares of the business services provider’s stock worth $100,971,000 after purchasing an additional 315,396 shares during the period. Wasatch Advisors Inc. boosted its position in shares of Euronet Worldwide by 14.5% in the fourth quarter. Wasatch Advisors Inc. now owns 874,298 shares of the business services provider’s stock valued at $73,677,000 after acquiring an additional 111,033 shares during the period. Millennium Management LLC boosted its position in shares of Euronet Worldwide by 376.3% in the fourth quarter. Millennium Management LLC now owns 652,525 shares of the business services provider’s stock valued at $54,988,000 after acquiring an additional 515,535 shares during the period. Finally, ArrowMark Colorado Holdings LLC boosted its position in shares of Euronet Worldwide by 19.0% in the fourth quarter. ArrowMark Colorado Holdings LLC now owns 564,541 shares of the business services provider’s stock valued at $47,574,000 after acquiring an additional 90,163 shares during the period.

How to Become a New Pot Stock Millionaire

A number of research firms have recently commented on EEFT. Lake Street Capital raised their price objective on shares of Euronet Worldwide from $100.00 to $106.00 and gave the company a “buy” rating in a research report on Thursday, February 8th. Goldman Sachs began coverage on shares of Euronet Worldwide in a research report on Thursday, December 14th. They issued a “buy” rating and a $110.00 price objective for the company. DA Davidson raised their price objective on shares of Euronet Worldwide to $118.00 and gave the company a “buy” rating in a research report on Thursday, February 1st. BidaskClub upgraded shares of Euronet Worldwide from a “strong sell” rating to a “sell” rating in a research report on Friday, February 23rd. Finally, Zacks Investment Research upgraded shares of Euronet Worldwide from a “sell” rating to a “hold” rating in a research report on Monday, February 5th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company’s stock. Euronet Worldwide has an average rating of “Hold” and a consensus target price of $111.71.

EEFT stock opened at $71.24 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.34 and a quick ratio of 1.27. Euronet Worldwide, Inc. has a 12 month low of $70.67 and a 12 month high of $101.07. The company has a market capitalization of $3,663.16, a PE ratio of 16.53, a PEG ratio of 0.95 and a beta of 1.50.

Euronet Worldwide (NASDAQ:EEFT) last announced its earnings results on Wednesday, February 7th. The business services provider reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.12 by $0.01. The business had revenue of $604.60 million for the quarter, compared to the consensus estimate of $609.53 million. Euronet Worldwide had a net margin of 6.97% and a return on equity of 21.76%. Euronet Worldwide’s quarterly revenue was up 16.3% on a year-over-year basis. During the same period last year, the firm posted $0.99 earnings per share. equities research analysts predict that Euronet Worldwide, Inc. will post 5 EPS for the current year.

In related news, CEO Michael J. Brown sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $91.22, for a total value of $1,824,400.00. Following the sale, the chief executive officer now directly owns 1,522,348 shares of the company’s stock, valued at $138,868,584.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold 80,000 shares of company stock worth $6,804,800 over the last ninety days. 7.70% of the stock is currently owned by insiders.

TRADEMARK VIOLATION WARNING: This piece of content was first published by Ticker Report and is owned by of Ticker Report. If you are viewing this piece of content on another site, it was stolen and reposted in violation of US and international copyright law. The original version of this piece of content can be viewed at https://www.tickerreport.com/banking-finance/3340387/4630-shares-in-euronet-worldwide-inc-eeft-purchased-by-xact-kapitalforvaltning-ab.html.

Euronet Worldwide Company Profile

Euronet Worldwide, Inc is an electronic payments provider. The Company offers payment and transaction processing and distribution solutions to financial institutions, retailers, service providers and individual consumers. Its product offerings include automated teller machine (ATM), point-of-sale (POS), card outsourcing, card issuing and merchant acquiring services, electronic distribution of prepaid mobile airtime and other electronic payment products.

Want to see what other hedge funds are holding EEFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Euronet Worldwide, Inc. (NASDAQ:EEFT).

Institutional Ownership by Quarter for Euronet Worldwide (NASDAQ:EEFT)

Receive News & Ratings for Euronet Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Euronet Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

SVB Financial Group  Getting Favorable Press Coverage, Report Finds
SVB Financial Group Getting Favorable Press Coverage, Report Finds
Prospectors Gold 24-Hour Volume Hits $0.00
Prospectors Gold 24-Hour Volume Hits $0.00
Flixxo  1-Day Volume Reaches $755,380.00
Flixxo 1-Day Volume Reaches $755,380.00
PonziCoin  Trading Down 21.5% Over Last Week
PonziCoin Trading Down 21.5% Over Last Week
Critical Comparison: Vedanta  vs. KAZ Minerals
Critical Comparison: Vedanta vs. KAZ Minerals
Brokerages Expect Masonite International  Will Announce Earnings of $0.67 Per Share
Brokerages Expect Masonite International Will Announce Earnings of $0.67 Per Share


Leave a Reply

© 2006-2018 Ticker Report. Google+.