Thompson Siegel & Walmsley LLC Has $16 Million Position in Euronet Worldwide, Inc. (NASDAQ:EEFT)

Thompson Siegel & Walmsley LLC raised its position in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT - Free Report) by 5.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 161,283 shares of the business services provider's stock after purchasing an additional 8,230 shares during the period. Thompson Siegel & Walmsley LLC owned approximately 0.37% of Euronet Worldwide worth $16,004,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Covestor Ltd boosted its position in Euronet Worldwide by 174.9% in the first quarter. Covestor Ltd now owns 547 shares of the business services provider's stock valued at $60,000 after buying an additional 348 shares in the last quarter. Summit Securities Group LLC acquired a new stake in shares of Euronet Worldwide during the 2nd quarter valued at $57,000. GAMMA Investing LLC grew its position in Euronet Worldwide by 69.5% during the 2nd quarter. GAMMA Investing LLC now owns 588 shares of the business services provider's stock worth $61,000 after acquiring an additional 241 shares during the last quarter. 1620 Investment Advisors Inc. acquired a new position in Euronet Worldwide in the 2nd quarter worth about $80,000. Finally, Mendota Financial Group LLC acquired a new position in Euronet Worldwide in the 3rd quarter worth about $100,000. Institutional investors and hedge funds own 91.60% of the company's stock.

Wall Street Analysts Forecast Growth

EEFT has been the topic of a number of recent research reports. Monness Crespi & Hardt raised Euronet Worldwide from a "hold" rating to a "strong-buy" rating in a research note on Thursday, October 24th. DA Davidson reiterated a "buy" rating and set a $136.00 target price on shares of Euronet Worldwide in a research report on Tuesday, October 8th. StockNews.com upgraded shares of Euronet Worldwide from a "hold" rating to a "buy" rating in a research report on Tuesday, November 12th. Oppenheimer began coverage on shares of Euronet Worldwide in a report on Tuesday, October 1st. They set an "outperform" rating and a $121.00 price target on the stock. Finally, Citigroup downgraded Euronet Worldwide from a "buy" rating to a "neutral" rating and decreased their price objective for the company from $118.00 to $110.00 in a report on Friday, October 18th. Three investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $125.38.

Euronet Worldwide Trading Up 1.5 %

EEFT stock traded up $1.53 during midday trading on Thursday, hitting $104.96. The stock had a trading volume of 122,922 shares, compared to its average volume of 302,812. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.88. The firm has a market cap of $4.61 billion, a P/E ratio of 15.16 and a beta of 1.46. The business has a fifty day moving average price of $99.70 and a two-hundred day moving average price of $103.86. Euronet Worldwide, Inc. has a 1-year low of $86.26 and a 1-year high of $117.66.

Euronet Worldwide (NASDAQ:EEFT - Get Free Report) last announced its earnings results on Wednesday, October 23rd. The business services provider reported $3.03 EPS for the quarter, beating the consensus estimate of $2.92 by $0.11. Euronet Worldwide had a return on equity of 26.86% and a net margin of 8.49%. The company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.04 billion. During the same quarter in the prior year, the company earned $2.53 EPS. On average, sell-side analysts predict that Euronet Worldwide, Inc. will post 7.87 earnings per share for the current fiscal year.

Insider Transactions at Euronet Worldwide

In other news, CEO Juan Bianchi sold 4,000 shares of the firm's stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $102.58, for a total value of $410,320.00. Following the completion of the sale, the chief executive officer now directly owns 12,440 shares in the company, valued at $1,276,095.20. This trade represents a 24.33 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders own 10.50% of the company's stock.

About Euronet Worldwide

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.