Signaturefd LLC Has $26,000 Stock Position in Euronet Worldwide, Inc. (NASDAQ:EEFT)

Signaturefd LLC lifted its holdings in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) by 189.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 258 shares of the business services provider’s stock after buying an additional 169 shares during the period. Signaturefd LLC’s holdings in Euronet Worldwide were worth $26,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. SkyView Investment Advisors LLC raised its holdings in shares of Euronet Worldwide by 5.5% during the 3rd quarter. SkyView Investment Advisors LLC now owns 3,572 shares of the business services provider’s stock worth $283,000 after buying an additional 186 shares in the last quarter. FCF Advisors LLC bought a new stake in Euronet Worldwide during the 4th quarter worth $794,000. Voss Capital LLC grew its position in Euronet Worldwide by 52.8% during the 4th quarter. Voss Capital LLC now owns 565,256 shares of the business services provider’s stock worth $57,368,000 after acquiring an additional 195,404 shares during the last quarter. Burgundy Asset Management Ltd. bought a new stake in Euronet Worldwide during the 3rd quarter worth $35,309,000. Finally, Algert Global LLC grew its position in Euronet Worldwide by 133.5% during the 3rd quarter. Algert Global LLC now owns 52,014 shares of the business services provider’s stock worth $4,129,000 after acquiring an additional 29,739 shares during the last quarter. Institutional investors and hedge funds own 91.60% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on EEFT. Monness Crespi & Hardt began coverage on Euronet Worldwide in a research report on Wednesday, March 20th. They set a “buy” rating and a $140.00 price objective on the stock. StockNews.com upgraded Euronet Worldwide from a “hold” rating to a “buy” rating in a research report on Thursday, February 15th. Evercore ISI boosted their price objective on Euronet Worldwide from $118.00 to $135.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 26th. Needham & Company LLC boosted their price objective on Euronet Worldwide from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday. Finally, DA Davidson boosted their price objective on Euronet Worldwide from $126.00 to $136.00 and gave the company a “buy” rating in a research note on Friday. One equities research analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Euronet Worldwide presently has an average rating of “Moderate Buy” and a consensus target price of $121.89.

Euronet Worldwide Stock Up 3.0 %

EEFT stock opened at $110.24 on Friday. The stock’s 50 day simple moving average is $107.34 and its 200 day simple moving average is $98.44. Euronet Worldwide, Inc. has a fifty-two week low of $73.84 and a fifty-two week high of $121.55. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.54 and a current ratio of 1.33. The company has a market cap of $5.06 billion, a P/E ratio of 19.41 and a beta of 1.39.

Euronet Worldwide (NASDAQ:EEFT) last issued its quarterly earnings data on Wednesday, February 7th. The business services provider reported $1.88 EPS for the quarter, topping the consensus estimate of $1.54 by $0.34. The firm had revenue of $957.70 million during the quarter, compared to the consensus estimate of $844.59 million. Euronet Worldwide had a return on equity of 26.71% and a net margin of 7.63%. The company’s quarterly revenue was up 10.6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.12 earnings per share. On average, research analysts expect that Euronet Worldwide, Inc. will post 7.51 earnings per share for the current fiscal year.

Euronet Worldwide Profile

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.