Villanova Investment Management Co LLC Increases Position in Euronet Worldwide, Inc. (NASDAQ:EEFT)

Villanova Investment Management Co LLC raised its stake in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT - Free Report) by 10.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 33,628 shares of the business services provider's stock after acquiring an additional 3,261 shares during the quarter. Euronet Worldwide makes up 3.1% of Villanova Investment Management Co LLC's portfolio, making the stock its 5th largest holding. Villanova Investment Management Co LLC owned about 0.08% of Euronet Worldwide worth $3,458,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Proficio Capital Partners LLC bought a new position in Euronet Worldwide during the 4th quarter valued at about $28,000. R Squared Ltd bought a new position in shares of Euronet Worldwide in the fourth quarter valued at approximately $58,000. Jones Financial Companies Lllp boosted its holdings in shares of Euronet Worldwide by 485.6% in the 4th quarter. Jones Financial Companies Lllp now owns 855 shares of the business services provider's stock worth $88,000 after acquiring an additional 709 shares in the last quarter. GAMMA Investing LLC grew its position in Euronet Worldwide by 121.3% during the 4th quarter. GAMMA Investing LLC now owns 954 shares of the business services provider's stock worth $98,000 after acquiring an additional 523 shares during the last quarter. Finally, Blue Trust Inc. grew its position in Euronet Worldwide by 26.1% during the 4th quarter. Blue Trust Inc. now owns 989 shares of the business services provider's stock worth $98,000 after acquiring an additional 205 shares during the last quarter. Institutional investors and hedge funds own 91.60% of the company's stock.

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Euronet Worldwide Trading Down 7.9 %

Shares of NASDAQ EEFT traded down $8.02 during mid-day trading on Friday, hitting $93.18. The company's stock had a trading volume of 542,731 shares, compared to its average volume of 330,388. Euronet Worldwide, Inc. has a one year low of $91.07 and a one year high of $117.66. The company's fifty day simple moving average is $102.23 and its 200-day simple moving average is $101.57. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.25 and a quick ratio of 1.26. The stock has a market cap of $4.08 billion, a price-to-earnings ratio of 14.40, a price-to-earnings-growth ratio of 0.78 and a beta of 1.18.

Euronet Worldwide (NASDAQ:EEFT - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The business services provider reported $1.82 earnings per share (EPS) 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%. On average, sell-side analysts anticipate that Euronet Worldwide, Inc. will post 9.11 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have commented on EEFT. Oppenheimer reduced their price objective 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. Stephens reiterated an "overweight" rating and set a $130.00 price target on shares of Euronet Worldwide in a research report on Friday, February 14th. Needham & Company LLC restated a "buy" rating and issued a $120.00 price objective on shares of Euronet Worldwide in a research report on Thursday, December 12th. Keefe, Bruyette & Woods upped 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 report on Friday, February 14th. Finally, StockNews.com cut shares of Euronet Worldwide from a "buy" rating to a "hold" rating in a research note on Saturday, February 22nd. Four investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Euronet Worldwide currently has a consensus rating of "Moderate Buy" and a consensus price target of $125.86.

Insider Buying and Selling

In other Euronet Worldwide news, CEO Michael J. Brown sold 95,000 shares of the stock in a transaction dated Thursday, March 13th. The stock was 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 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 the SEC website. 10.50% of the stock is owned by insiders.

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.