Nicholas Company Inc. maintained its position in Euronet Worldwide, Inc. (NASDAQ:EEFT) during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 64,160 shares of the business services provider’s stock at the end of the first quarter. Nicholas Company Inc. owned 0.12% of Euronet Worldwide worth $5,486,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Bank of Montreal Can increased its stake in shares of Euronet Worldwide by 55.5% in the first quarter. Bank of Montreal Can now owns 50,659 shares of the business services provider’s stock worth $4,332,000 after buying an additional 18,089 shares in the last quarter. Guggenheim Capital LLC bought a new stake in shares of Euronet Worldwide during the fourth quarter worth about $939,000. State Board of Administration of Florida Retirement System increased its stake in shares of Euronet Worldwide by 0.3% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 52,892 shares of the business services provider’s stock worth $3,831,000 after buying an additional 161 shares in the last quarter. Norges Bank bought a new stake in shares of Euronet Worldwide during the fourth quarter worth about $28,977,000. Finally, Janus Capital Management LLC increased its stake in shares of Euronet Worldwide by 2.5% in the fourth quarter. Janus Capital Management LLC now owns 2,915,922 shares of the business services provider’s stock worth $211,200,000 after buying an additional 70,087 shares in the last quarter. 94.45% of the stock is currently owned by institutional investors.
Shares of Euronet Worldwide, Inc. (EEFT) traded down 1.26% during midday trading on Tuesday, hitting $86.77. The company’s stock had a trading volume of 214,736 shares. The firm has a market cap of $4.55 billion, a P/E ratio of 27.05 and a beta of 1.25. The stock’s 50 day moving average is $85.78 and its 200-day moving average is $80.49. Euronet Worldwide, Inc. has a 52-week low of $65.33 and a 52-week high of $90.23.
Euronet Worldwide (NASDAQ:EEFT) last released its quarterly earnings results on Tuesday, April 25th. The business services provider reported $0.73 EPS for the quarter, meeting analysts’ consensus estimates of $0.73. The firm had revenue of $473.40 million during the quarter, compared to analyst estimates of $464.08 million. Euronet Worldwide had a net margin of 8.70% and a return on equity of 22.77%. Equities analysts predict that Euronet Worldwide, Inc. will post $4.53 EPS for the current fiscal year.
A number of equities research analysts recently issued reports on EEFT shares. Zacks Investment Research raised Euronet Worldwide from a “hold” rating to a “buy” rating and set a $96.00 price target on the stock in a research report on Tuesday, April 11th. Evercore ISI reissued a “buy” rating on shares of Euronet Worldwide in a research report on Tuesday, March 14th.
In other news, CEO Juan Bianchi sold 18,126 shares of the business’s stock in a transaction on Wednesday, June 14th. The shares were sold at an average price of $88.01, for a total transaction of $1,595,269.26. Following the completion of the transaction, the chief executive officer now directly owns 9,534 shares in the company, valued at approximately $839,087.34. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 7.70% of the stock is owned by insiders.
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.
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