Villanova Investment Management Co LLC grew its stake in Euronet Worldwide, Inc. (NASDAQ:EEFT – Free Report) by 19.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 68,345 shares of the business services provider’s stock after acquiring an additional 11,140 shares during the period. Euronet Worldwide accounts for about 3.7% of Villanova Investment Management Co LLC’s investment portfolio, making the stock its 3rd biggest position. Villanova Investment Management Co LLC owned approximately 0.16% of Euronet Worldwide worth $5,202,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently modified their holdings of EEFT. Virtu Financial LLC acquired a new stake in shares of Euronet Worldwide in the fourth quarter valued at approximately $284,000. Invesco Ltd. lifted its holdings in Euronet Worldwide by 123.4% during the 4th quarter. Invesco Ltd. now owns 252,670 shares of the business services provider’s stock worth $19,231,000 after buying an additional 139,578 shares in the last quarter. Corient Private Wealth LLC lifted its holdings in Euronet Worldwide by 1,069.5% during the 4th quarter. Corient Private Wealth LLC now owns 47,306 shares of the business services provider’s stock worth $3,600,000 after buying an additional 43,261 shares in the last quarter. Alberta Investment Management Corp bought a new position in Euronet Worldwide in the 4th quarter valued at $1,355,000. Finally, Vident Advisory LLC boosted its position in Euronet Worldwide by 7.5% in the 4th quarter. Vident Advisory LLC now owns 13,976 shares of the business services provider’s stock valued at $1,064,000 after buying an additional 979 shares during the last quarter. 91.60% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently weighed in on EEFT shares. DA Davidson dropped their target price on Euronet Worldwide from $112.00 to $102.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Needham & Company LLC reiterated a “buy” rating and issued a $85.00 price target on shares of Euronet Worldwide in a report on Friday, May 22nd. Finally, Weiss Ratings lowered Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, April 2nd. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $95.00.
Euronet Worldwide Price Performance
EEFT opened at $65.89 on Friday. The company has a fifty day moving average price of $70.08 and a two-hundred day moving average price of $71.61. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.28 and a current ratio of 1.28. Euronet Worldwide, Inc. has a 52 week low of $62.50 and a 52 week high of $107.91. The firm has a market capitalization of $2.51 billion, a PE ratio of 9.51, a P/E/G ratio of 0.52 and a beta of 0.82.
Euronet Worldwide (NASDAQ:EEFT – Get Free Report) last issued its earnings results on Wednesday, April 29th. The business services provider reported $1.58 EPS for the quarter, beating the consensus estimate of $1.42 by $0.16. Euronet Worldwide had a net margin of 7.15% and a return on equity of 28.37%. The company had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $969.68 million. During the same quarter in the previous year, the company posted $1.13 EPS. The business’s revenue for the quarter was up 10.5% compared to the same quarter last year. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. As a group, analysts anticipate that Euronet Worldwide, Inc. will post 9.83 earnings per share for the current year.
Insiders Place Their Bets
In related news, Director Thomas A. Mcdonnell bought 3,000 shares of Euronet Worldwide stock in a transaction on Tuesday, May 26th. The shares were purchased at an average price of $66.87 per share, for a total transaction of $200,610.00. Following the completion of the acquisition, the director owned 100,219 shares in the company, valued at approximately $6,701,644.53. This represents a 3.09% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 12.19% of the company’s stock.
Euronet Worldwide Company Profile
Euronet Worldwide, Inc is a global financial technology company specializing in electronic payment services and transaction processing. Through its three primary business segments—Electronic Funds Transfer (EFT) Network Services, epay® Prepaid and Payment Services, and Money Transfer—Euronet provides end-to-end solutions that enable secure, efficient and convenient payments for consumers, financial institutions and retailers worldwide.
In its EFT Network Services arm, Euronet operates one of the world’s largest ATM and point-of-sale (POS) terminal networks, offering deployment, management and connectivity services.
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