Euronet Worldwide Inc. (EEFT) Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC raised its stake in Euronet Worldwide Inc. (NASDAQ:EEFT) by 3.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 344,720 shares of the company’s stock after buying an additional 12,295 shares during the period. Geode Capital Management LLC owned about 0.63% of Euronet Worldwide worth $25,547,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in EEFT. Bank of Montreal Can raised its stake in Euronet Worldwide by 376.2% in the fourth quarter. Bank of Montreal Can now owns 54,105 shares of the company’s stock valued at $3,918,000 after buying an additional 42,744 shares in the last quarter. California Public Employees Retirement System raised its stake in Euronet Worldwide by 3.5% in the fourth quarter. California Public Employees Retirement System now owns 141,300 shares of the company’s stock valued at $10,234,000 after buying an additional 4,800 shares in the last quarter. Mutual of America Capital Management LLC raised its stake in Euronet Worldwide by 23.5% in the fourth quarter. Mutual of America Capital Management LLC now owns 36,311 shares of the company’s stock valued at $2,630,000 after buying an additional 6,916 shares in the last quarter. Swiss National Bank raised its stake in Euronet Worldwide by 1.4% in the fourth quarter. Swiss National Bank now owns 66,900 shares of the company’s stock valued at $4,846,000 after buying an additional 900 shares in the last quarter. Finally, State Street Corp raised its stake in Euronet Worldwide by 2.4% in the first quarter. State Street Corp now owns 956,898 shares of the company’s stock valued at $70,918,000 after buying an additional 22,785 shares in the last quarter.

Euronet Worldwide Inc. (NASDAQ:EEFT) traded down 1.26% on Thursday, hitting $75.82. 345,505 shares of the stock were exchanged. Euronet Worldwide Inc. has a 52 week low of $52.00 and a 52 week high of $82.49. The company’s 50-day moving average is $73.38 and its 200-day moving average is $73.34. The company has a market cap of $4.08 billion and a PE ratio of 27.50.

Euronet Worldwide (NASDAQ:EEFT) last issued its earnings results on Tuesday, July 26th. The company reported $0.97 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.90 by $0.07. The business earned $476.90 million during the quarter, compared to analyst estimates of $470.99 million. During the same period in the prior year, the business posted $0.78 EPS. The company’s revenue for the quarter was up 12.2% compared to the same quarter last year. On average, analysts predict that Euronet Worldwide Inc. will post $4.01 earnings per share for the current year.

Several equities research analysts recently commented on EEFT shares. Zacks Investment Research lowered shares of Euronet Worldwide from a “hold” rating to a “sell” rating in a research report on Monday, April 4th. Evercore ISI boosted their price objective on shares of Euronet Worldwide from $76.00 to $83.00 and gave the stock a “buy” rating in a research report on Monday, April 4th. Avondale Partners boosted their price objective on shares of Euronet Worldwide from $80.00 to $84.00 and gave the stock a “market outperform” rating in a research report on Wednesday, April 27th. Wells Fargo & Co. reissued a “buy” rating on shares of Euronet Worldwide in a research note on Thursday, May 26th. Finally, Monness Crespi & Hardt downgraded shares of Euronet Worldwide from a “buy” rating to a “neutral” rating in a research note on Friday, June 10th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Euronet Worldwide currently has an average rating of “Buy” and an average target price of $85.00.