Charles Schwab Investment Management Inc. Has $58.21 Million Stock Holdings in Euronet Worldwide, Inc. (NASDAQ:EEFT)

Charles Schwab Investment Management Inc. increased its holdings in Euronet Worldwide, Inc. (NASDAQ:EEFT - Free Report) by 1.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 566,002 shares of the business services provider's stock after purchasing an additional 8,015 shares during the period. Charles Schwab Investment Management Inc. owned approximately 1.29% of Euronet Worldwide worth $58,208,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Jones Financial Companies Lllp boosted its holdings in Euronet Worldwide by 485.6% in the fourth quarter. Jones Financial Companies Lllp now owns 855 shares of the business services provider's stock worth $88,000 after purchasing an additional 709 shares in the last quarter. Hahn Capital Management LLC boosted its holdings in Euronet Worldwide by 48.0% in the fourth quarter. Hahn Capital Management LLC now owns 105,278 shares of the business services provider's stock worth $10,827,000 after purchasing an additional 34,152 shares in the last quarter. Proficio Capital Partners LLC bought a new stake in Euronet Worldwide in the fourth quarter worth $28,000. Illinois Municipal Retirement Fund boosted its holdings in Euronet Worldwide by 67.6% in the fourth quarter. Illinois Municipal Retirement Fund now owns 13,417 shares of the business services provider's stock worth $1,380,000 after purchasing an additional 5,413 shares in the last quarter. Finally, Leuthold Group LLC bought a new stake in Euronet Worldwide during the fourth quarter valued at about $225,000. 91.60% of the stock is currently owned by institutional investors.

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Analyst Ratings Changes

EEFT has been the subject of a number of recent analyst reports. Stephens restated an "overweight" rating and set a $130.00 price target on shares of Euronet Worldwide in a report on Friday, February 14th. Needham & Company LLC restated a "buy" rating and set a $120.00 price target on shares of Euronet Worldwide in a report on Thursday, December 12th. Oppenheimer decreased 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. StockNews.com cut shares of Euronet Worldwide from a "buy" rating to a "hold" rating in a report on Saturday, February 22nd. Finally, Keefe, Bruyette & Woods upped their price objective on shares of Euronet Worldwide from $108.00 to $112.00 and gave the company a "market perform" rating in a research report on Friday, February 14th. Four analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $127.00.

Euronet Worldwide Price Performance

NASDAQ:EEFT traded up $1.39 during mid-day trading on Friday, hitting $102.30. The company's stock had a trading volume of 500,649 shares, compared to its average volume of 307,102. Euronet Worldwide, Inc. has a fifty-two week low of $91.07 and a fifty-two week high of $117.66. The company has a current ratio of 1.25, a quick ratio of 1.26 and a debt-to-equity ratio of 0.92. The company has a market capitalization of $4.47 billion, a price-to-earnings ratio of 15.81, a P/E/G ratio of 0.78 and a beta of 1.37. The stock has a fifty day moving average of $99.97 and a 200-day moving average of $101.08.

Euronet Worldwide (NASDAQ:EEFT - Get Free Report) last posted 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%. As a group, equities analysts forecast that Euronet Worldwide, Inc. will post 9.11 EPS for the current fiscal year.

Euronet Worldwide Company 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.