Natixis Advisors LLC Has $10.41 Million Stock Position in Euronet Worldwide, Inc. (NASDAQ:EEFT)

Natixis Advisors LLC reduced its position in Euronet Worldwide, Inc. (NASDAQ:EEFT - Free Report) by 2.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 101,263 shares of the business services provider's stock after selling 2,743 shares during the period. Natixis Advisors LLC owned 0.23% of Euronet Worldwide worth $10,414,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. R Squared Ltd acquired a new stake in shares of Euronet Worldwide in the 4th quarter valued at $58,000. Jones Financial Companies Lllp boosted its position 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 purchasing an additional 709 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Euronet Worldwide by 121.3% in the 4th quarter. GAMMA Investing LLC now owns 954 shares of the business services provider's stock worth $98,000 after purchasing an additional 523 shares during the last quarter. Blue Trust Inc. boosted its position in shares of Euronet Worldwide by 26.1% in the 4th quarter. Blue Trust Inc. now owns 989 shares of the business services provider's stock worth $98,000 after purchasing an additional 205 shares during the last quarter. Finally, Quarry LP boosted its position in shares of Euronet Worldwide by 21.6% in the 3rd quarter. Quarry LP now owns 1,087 shares of the business services provider's stock worth $108,000 after purchasing an additional 193 shares during the last quarter. 91.60% of the stock is owned by institutional investors and hedge funds.

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Euronet Worldwide Trading Down 0.4 %

EEFT stock traded down $0.38 during midday trading on Friday, hitting $108.01. 790,019 shares of the company's stock were exchanged, compared to its average volume of 314,444. The stock's fifty day moving average price is $100.72 and its 200-day moving average price is $101.10. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.26 and a current ratio of 1.25. The company has a market cap of $4.72 billion, a PE ratio of 16.69, a price-to-earnings-growth ratio of 0.78 and a beta of 1.37. Euronet Worldwide, Inc. has a one year low of $91.07 and a one year high of $117.66.

Euronet Worldwide (NASDAQ:EEFT - Get Free Report) last released 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 net margin of 7.69% and a return on equity of 27.74%. Research analysts predict that Euronet Worldwide, Inc. will post 9.11 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

Insider Buying and Selling at Euronet Worldwide

In other Euronet Worldwide news, CEO Michael J. Brown sold 95,000 shares of Euronet Worldwide 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 sale, the chief executive officer now owns 1,418,966 shares of the company's stock, valued at $142,875,686.54. This trade represents a 6.27 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 10.50% of the company's stock.

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.