Pictet Asset Management Holding SA Raises Stake in Euronet Worldwide, Inc. (NASDAQ:EEFT)

Pictet Asset Management Holding SA grew its stake in shares of Euronet Worldwide, Inc. ( NASDAQ:EEFT – Free Report ) by 26.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.

The fund owned 7,365 shares of the business services provider’s stock after buying an additional 1,563 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Euronet Worldwide were worth $757,000 at the end of the most recent quarter. Other hedge funds and other institutional investors also recently modified their holdings of the company.



HighTower Advisors LLC increased its stake in Euronet Worldwide by 0.6% in the 3rd quarter. HighTower Advisors LLC now owns 25,674 shares of the business services provider’s stock worth $2,540,000 after purchasing an additional 158 shares during the period.

Xponance Inc. increased its stake in shares of Euronet Worldwide by 3.6% in the fourth quarter.

Xponance Inc. now owns 4,790 shares of the business services provider’s stock worth $493,000 after buying an additional 166 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Euronet Worldwide by 2.

3% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,469 shares of the business services provider’s stock worth $768,000 after buying an additional 169 shares during the period. New York State Teachers Retirement System raised its holdings in Euronet Worldwide by 0.

8% during the 4th quarter. New York State Teachers Retirement System now owns 23,277 shares of the business services provider’s stock valued at $2,394,000 after buying an additional 196 shares during the last quarter. Finally, Blue Trust Inc.

boosted its position in Euronet Worldwide by 26.1% during the 4th quarter. Blue Trust Inc.

now owns 989 shares of the business services provider’s stock valued at $98,000 after buying an additional 205 shares during the period. Institutional investors own 91.60% of the company’s stock.

Insider Buying and Selling at Euronet Worldwide In related news, CEO Michael J. Brown sold 95,000 shares of the company’s stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $100.

69, for a total value of $9,565,550.00. Following the sale, the chief executive officer now owns 1,418,966 shares in the company, valued at $142,875,686.

54. This represents a 6.27 % decrease in their position.

The transaction was disclosed in a filing with the SEC, which is available at this hyperlink . Insiders own 10.50% of the company’s stock.

Analysts Set New Price Targets View Our Latest Research Report on Euronet Worldwide Euronet Worldwide Price Performance Shares of EEFT stock opened at $89.81 on Tuesday. The company has a quick ratio of 1.

26, a current ratio of 1.25 and a debt-to-equity ratio of 0.92.

The stock has a market cap of $3.93 billion, a price-to-earnings ratio of 13.88, a PEG ratio of 0.

78 and a beta of 1.18. The business’s fifty day moving average is $102.

04 and its 200 day moving average is $101.51. Euronet Worldwide, Inc.

has a twelve month low of $85.36 and a twelve month high of $117.66.

Euronet Worldwide ( NASDAQ:EEFT – Get Free Report ) last issued its quarterly earnings results on Wednesday, February 12th. The business services provider reported $1.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.

05 by ($0.23). Euronet Worldwide had a return on equity of 27.

74% and a net margin of 7.69%. Research analysts expect that Euronet Worldwide, Inc.

will post 9.11 EPS for the current fiscal year. About Euronet Worldwide ( Free Report ) Euronet Worldwide, Inc provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers worldwide.

It operates through three segments: Electronic Fund Transfer Processing, epay, and Money Transfer. The Electronic Fund Transfer Processing segment provides electronic payment solutions, including automated teller machine (ATM) cash withdrawal and deposit services, ATM network participation, outsourced ATM and point-of-sale (POS) management solutions, credit and debit and prepaid card outsourcing, card issuing, and merchant acquiring services. See Also 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 – Free Report ). 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.

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