Blair William & Co. IL Has $505,000 Position in Euronet Worldwide, Inc. (NASDAQ:EEFT)

Blair William & Co. IL grew its position in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) by 11.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,907 shares of the business services provider’s stock after purchasing an additional 500 shares during the quarter. Blair William & Co. IL’s holdings in Euronet Worldwide were worth $505,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. FMR LLC boosted its position in Euronet Worldwide by 21.1% during the 3rd quarter. FMR LLC now owns 75,216 shares of the business services provider’s stock worth $7,464,000 after buying an additional 13,093 shares during the period. Benjamin Edwards Inc. acquired a new position in shares of Euronet Worldwide during the third quarter worth $457,000. Centiva Capital LP acquired a new position in shares of Euronet Worldwide during the third quarter worth $618,000. Holocene Advisors LP bought a new stake in shares of Euronet Worldwide in the third quarter worth $666,000. Finally, HighTower Advisors LLC increased its holdings in Euronet Worldwide by 0.6% in the third quarter. HighTower Advisors LLC now owns 25,674 shares of the business services provider’s stock valued at $2,540,000 after purchasing an additional 158 shares during the period. 91.60% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

EEFT has been the topic of a number of analyst reports. StockNews.com lowered Euronet Worldwide from a “buy” rating to a “hold” rating in a research report on Saturday, February 22nd. Stephens reissued an “overweight” rating and set a $130.00 target price on shares of Euronet Worldwide in a research report on Friday, February 14th. Oppenheimer lowered their price target on shares of Euronet Worldwide from $135.00 to $128.00 and set an “outperform” rating for the company in a report on Thursday, December 19th. Needham & Company LLC reiterated a “buy” rating and set a $120.00 price objective on shares of Euronet Worldwide in a research report on Thursday, December 12th. Finally, Keefe, Bruyette & Woods lifted their target price on shares of Euronet Worldwide from $108.00 to $112.00 and gave the stock a “market perform” rating in a research note on Friday, February 14th. Four research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $125.86.

Insider Buying and Selling at Euronet Worldwide

In other news, CEO Michael J. Brown sold 95,000 shares of the company’s stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $100.69, for a total transaction 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 $142,875,686.54. This represents a 6.27 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 10.50% of the stock is owned by corporate insiders.

Euronet Worldwide Trading Down 7.9 %

NASDAQ EEFT opened at $93.18 on Friday. The stock has a market capitalization of $4.08 billion, a price-to-earnings ratio of 14.40, a PEG ratio of 0.78 and a beta of 1.18. The business’s fifty day moving average is $102.23 and its 200-day moving average is $101.56. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.25 and a quick ratio of 1.26. Euronet Worldwide, Inc. has a one year low of $91.07 and a one year high of $117.66.

Euronet Worldwide (NASDAQ:EEFT) last released its earnings results on Wednesday, February 12th. The business services provider reported $1.82 earnings per share for the quarter, missing analysts’ consensus estimates of $2.05 by ($0.23). Euronet Worldwide had a net margin of 7.69% and a return on equity of 27.74%. Equities research analysts predict that Euronet Worldwide, Inc. will post 9.11 EPS for the current 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.