4 days Ago By ABMN Staff
Russell Investments Group Ltd. cut its stake in Euronet Worldwide, Inc. ( NASDAQ:EEFT – Free Report ) by 16.
3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 35,785 shares of the business services provider’s stock after selling 6,949 shares during the period. Russell Investments Group Ltd.
’s holdings in Euronet Worldwide were worth $3,680,000 at the end of the most recent reporting period. Several other large investors have also bought and sold shares of EEFT. Stifel Financial Corp boosted its position in shares of Euronet Worldwide by 2.
0% during the third quarter. Stifel Financial Corp now owns 11,729 shares of the business services provider’s stock valued at $1,164,000 after purchasing an additional 232 shares in the last quarter. M&T Bank Corp lifted its position in Euronet Worldwide by 7.
0% during the third quarter. M&T Bank Corp now owns 4,245 shares of the business services provider’s stock valued at $421,000 after buying an additional 279 shares during the period. McIlrath & Eck LLC boosted its holdings in shares of Euronet Worldwide by 16.
2% during the 3rd quarter. McIlrath & Eck LLC now owns 1,476 shares of the business services provider’s stock valued at $146,000 after buying an additional 206 shares in the last quarter. Tidal Investments LLC grew its position in shares of Euronet Worldwide by 10.
8% in the 3rd quarter. Tidal Investments LLC now owns 7,195 shares of the business services provider’s stock worth $714,000 after buying an additional 704 shares during the period. Finally, Franklin Resources Inc.
increased its stake in shares of Euronet Worldwide by 22.2% in the 3rd quarter. Franklin Resources Inc.
now owns 33,921 shares of the business services provider’s stock worth $3,359,000 after acquiring an additional 6,154 shares in the last quarter. 91.60% of the stock is owned by institutional investors.
Euronet Worldwide Stock Up 0.2 % EEFT opened at $95.93 on Wednesday.
Euronet Worldwide, Inc. has a twelve month low of $85.24 and a twelve month high of $117.
66. 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 firm has a 50 day moving average price of $101.
29 and a 200-day moving average price of $101.14. The stock has a market capitalization of $4.
15 billion, a price-to-earnings ratio of 14.83, a PEG ratio of 0.78 and a beta of 1.
18. Insider Buying and Selling at Euronet Worldwide In related news, CEO Michael J. Brown sold 95,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 13th.
The shares were sold at an average price of $100.69, for a total value of $9,565,550.00.
Following the transaction, the chief executive officer now owns 1,418,966 shares of the company’s stock, valued at approximately $142,875,686.54. This trade represents a 6.
27 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link . Corporate insiders own 10.
50% of the company’s stock. Analysts Set New Price Targets A number of equities research analysts have weighed in on the stock. StockNews.
com cut shares of Euronet Worldwide from a “buy” rating to a “hold” rating in a report on Saturday, February 22nd. Keefe, Bruyette & Woods raised their price objective on Euronet Worldwide from $108.00 to $112.
00 and gave the company a “market perform” rating in a research report on Friday, February 14th. Stephens reissued an “overweight” rating and issued a $130.00 target price on shares of Euronet Worldwide in a report on Friday, February 14th.
Finally, Oppenheimer cut their target price on Euronet Worldwide from $135.00 to $128.00 and set an “outperform” rating on the stock in a research note on Thursday, December 19th.
Four investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Euronet Worldwide has an average rating of “Moderate Buy” and an average target price of $125.86.
Get Our Latest Stock Analysis on EEFT Euronet Worldwide Company Profile ( 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.
Further Reading 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 ).
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