Thompson Siegel & Walmsley LLC Sells 10,415 Shares of Euronet Worldwide, Inc. (NASDAQ:EEFT)

Thompson Siegel & Walmsley LLC reduced its position in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT - Free Report) by 6.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 150,868 shares of the business services provider's stock after selling 10,415 shares during the quarter. Thompson Siegel & Walmsley LLC owned about 0.34% of Euronet Worldwide worth $15,515,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EEFT. Proficio Capital Partners LLC acquired a new stake in shares of Euronet Worldwide during the 4th quarter valued at $28,000. R Squared Ltd acquired a new stake in shares of Euronet Worldwide during the 4th quarter valued at $58,000. Jones Financial Companies Lllp lifted its position in shares of Euronet Worldwide by 485.6% during the 4th quarter. Jones Financial Companies Lllp now owns 855 shares of the business services provider's stock valued at $88,000 after acquiring an additional 709 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of Euronet Worldwide by 121.3% during the 4th quarter. GAMMA Investing LLC now owns 954 shares of the business services provider's stock valued at $98,000 after acquiring an additional 523 shares during the last quarter. Finally, Blue Trust Inc. lifted its position in shares of Euronet Worldwide by 26.1% during the 4th quarter. Blue Trust Inc. now owns 989 shares of the business services provider's stock valued at $98,000 after acquiring an additional 205 shares during the last quarter. 91.60% of the stock is owned by institutional investors.

Insider Activity at Euronet Worldwide

In other Euronet Worldwide news, CEO Michael J. Brown sold 95,000 shares of the firm's stock in a transaction dated 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 directly owns 1,418,966 shares in the company, valued at $142,875,686.54. This trade represents a 6.27 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 10.50% of the company's stock.

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Euronet Worldwide Stock Up 2.7 %

EEFT traded up $2.77 during trading on Monday, reaching $105.07. 595,520 shares of the stock traded hands, compared to its average volume of 308,256. The stock has a market cap of $4.60 billion, a price-to-earnings ratio of 16.24, a price-to-earnings-growth ratio of 0.78 and a beta of 1.37. 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 debt-to-equity ratio of 0.92, a current ratio of 1.25 and a quick ratio of 1.26. The stock's 50-day simple moving average is $99.97 and its two-hundred day simple moving average is $101.05.

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

Wall Street Analyst Weigh In

EEFT has been the subject of a number of recent research reports. Keefe, Bruyette & Woods increased their price objective on Euronet Worldwide from $108.00 to $112.00 and gave the company a "market perform" rating in a research report on Friday, February 14th. Needham & Company LLC restated a "buy" rating and issued a $120.00 target price on shares of Euronet Worldwide in a report on Thursday, December 12th. StockNews.com cut Euronet Worldwide from a "buy" rating to a "hold" rating in a research report on Saturday, February 22nd. Oppenheimer decreased their target price on Euronet Worldwide from $135.00 to $128.00 and set an "outperform" rating for the company in a research report on Thursday, December 19th. Finally, Stephens reaffirmed an "overweight" rating and issued a $130.00 target price on shares of Euronet Worldwide in a research report on Friday, February 14th. Four research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $127.00.

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.