Jefferies Financial Group Inc. Sells 13,763 Shares of Euronet Worldwide, Inc. (NASDAQ:EEFT)

Jefferies Financial Group Inc. lessened its stake in Euronet Worldwide, Inc. (NASDAQ:EEFT - Free Report) by 76.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,237 shares of the business services provider's stock after selling 13,763 shares during the period. Jefferies Financial Group Inc.'s holdings in Euronet Worldwide were worth $436,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Janney Montgomery Scott LLC lifted its holdings in Euronet Worldwide by 28.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 12,014 shares of the business services provider's stock worth $1,236,000 after acquiring an additional 2,632 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Euronet Worldwide by 3.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 821,777 shares of the business services provider's stock valued at $84,512,000 after purchasing an additional 24,569 shares during the period. ProShare Advisors LLC acquired a new position in shares of Euronet Worldwide in the 4th quarter valued at approximately $215,000. HighTower Advisors LLC increased its stake in Euronet Worldwide by 0.8% during the 4th quarter. HighTower Advisors LLC now owns 25,883 shares of the business services provider's stock worth $2,662,000 after purchasing an additional 209 shares in the last quarter. Finally, Proficio Capital Partners LLC acquired a new stake in Euronet Worldwide during the 4th quarter worth approximately $28,000. Institutional investors and hedge funds own 91.60% of the company's stock.

Euronet Worldwide Stock Performance

Shares of EEFT stock traded up $0.57 during midday trading on Wednesday, hitting $108.50. 164,239 shares of the company were exchanged, compared to its average volume of 363,870. Euronet Worldwide, Inc. has a 52 week low of $85.24 and a 52 week high of $116.63. The firm has a market capitalization of $4.69 billion, a P/E ratio of 16.77, a PEG ratio of 0.78 and a beta of 1.27. The firm's 50 day moving average price is $102.04 and its two-hundred day moving average price is $102.20. 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 - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The business services provider reported $1.13 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $1.13. The company had revenue of $915.50 million during the quarter, compared to analysts' expectations of $908.93 million. Euronet Worldwide had a return on equity of 27.74% and a net margin of 7.69%. The business's revenue was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.28 earnings per share. As a group, equities research analysts anticipate that Euronet Worldwide, Inc. will post 9.11 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Stephens reiterated an "overweight" rating and issued a $130.00 price target on shares of Euronet Worldwide in a report on Friday, February 14th. William Blair reiterated an "outperform" rating on shares of Euronet Worldwide in a report on Thursday, April 24th. Needham & Company LLC cut their price target on Euronet Worldwide from $130.00 to $120.00 and set a "buy" rating on the stock in a report on Friday, April 25th. Keefe, Bruyette & Woods reduced their price objective on Euronet Worldwide from $112.00 to $110.00 and set a "market perform" rating for the company in a research report on Friday, April 25th. Finally, Wall Street Zen lowered Euronet Worldwide from a "buy" rating to a "hold" rating in a research report on Saturday, February 22nd. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Euronet Worldwide presently has an average rating of "Moderate Buy" and a consensus target price of $125.57.

Insider Buying and Selling

In other Euronet Worldwide news, CEO Michael J. Brown sold 95,000 shares of Euronet Worldwide stock in a transaction on 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 completion of the transaction, the chief executive officer now directly owns 1,418,966 shares of the company's stock, valued at $142,875,686.54. The trade was a 6.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 11.20% of the stock is owned by insiders.

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.