Euronet Worldwide, Inc. (NASDAQ:EEFT) Shares Acquired by Mawer Investment Management Ltd.

Mawer Investment Management Ltd. boosted its holdings in Euronet Worldwide, Inc. (NASDAQ:EEFT) by 15.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 176,384 shares of the business services provider’s stock after purchasing an additional 23,255 shares during the quarter. Mawer Investment Management Ltd. owned approximately 0.40% of Euronet Worldwide worth $18,139,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Proficio Capital Partners LLC bought a new stake in shares of Euronet Worldwide during the 4th quarter valued at about $28,000. R Squared Ltd acquired a new position in Euronet Worldwide in the fourth quarter valued at approximately $58,000. Jones Financial Companies Lllp grew its holdings in shares of Euronet Worldwide by 485.6% during the fourth quarter. Jones Financial Companies Lllp now owns 855 shares of the business services provider’s stock valued at $88,000 after purchasing an additional 709 shares during the last quarter. GAMMA Investing LLC raised 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 worth $98,000 after purchasing an additional 523 shares during the period. Finally, Blue Trust Inc. lifted its holdings 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. Institutional investors own 91.60% of the company’s stock.

Euronet Worldwide Stock Performance

Shares of NASDAQ EEFT opened at $107.13 on Friday. Euronet Worldwide, Inc. has a 1 year low of $91.07 and a 1 year high of $117.66. The firm has a market cap of $4.69 billion, a P/E ratio of 16.56, a PEG ratio of 0.78 and a beta of 1.37. The stock has a fifty day moving average price of $101.70 and a two-hundred day moving average price of $101.39. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.26 and a current ratio of 1.25.

Euronet Worldwide (NASDAQ:EEFT) last announced its earnings results on Wednesday, February 12th. The business services provider reported $1.82 earnings per share 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 forecast that Euronet Worldwide, Inc. will post 9.11 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

EEFT has been the subject of a number of recent research reports. Oppenheimer lowered their price objective on Euronet Worldwide from $135.00 to $128.00 and set an “outperform” rating for the company in a research note on Thursday, December 19th. StockNews.com lowered shares of Euronet Worldwide from a “buy” rating to a “hold” rating in a research report on Saturday, February 22nd. Needham & Company LLC reiterated a “buy” rating and issued a $120.00 price objective on shares of Euronet Worldwide in a research report on Thursday, December 12th. Stephens restated an “overweight” rating and issued a $130.00 target price on shares of Euronet Worldwide in a research report on Friday, February 14th. Finally, Keefe, Bruyette & Woods lifted their price target on Euronet Worldwide from $108.00 to $112.00 and gave the company a “market perform” rating in a report on Friday, February 14th. Four investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Euronet Worldwide currently has a consensus rating of “Moderate Buy” and an average target price of $125.86.

Insider Transactions at Euronet Worldwide

In other Euronet Worldwide news, CEO Michael J. Brown sold 95,000 shares of Euronet Worldwide stock in a transaction that occurred on Thursday, March 13th. The shares were 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 in the company, valued at approximately $142,875,686.54. The trade was 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 this hyperlink. Corporate 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.