XTX Topco Ltd Buys New Shares in Euronet Worldwide, Inc. (NASDAQ:EEFT)

XTX Topco Ltd acquired a new position in Euronet Worldwide, Inc. (NASDAQ:EEFT - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 4,768 shares of the business services provider's stock, valued at approximately $509,000.

Other institutional investors have also recently made changes to their positions in the company. UMB Bank n.a. lifted its stake in shares of Euronet Worldwide by 92.3% in the 1st quarter. UMB Bank n.a. now owns 450 shares of the business services provider's stock valued at $48,000 after purchasing an additional 216 shares during the last quarter. Covestor Ltd raised its position in Euronet Worldwide by 40.9% during the 4th quarter. Covestor Ltd now owns 713 shares of the business services provider's stock valued at $73,000 after purchasing an additional 207 shares in the last quarter. Aster Capital Management DIFC Ltd increased its holdings in shares of Euronet Worldwide by 15,240.0% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 767 shares of the business services provider's stock valued at $79,000 after acquiring an additional 762 shares during the period. Versant Capital Management Inc purchased a new position in shares of Euronet Worldwide in the 1st quarter valued at $97,000. Finally, LRI Investments LLC grew its stake in Euronet Worldwide by 65.0% during the 4th quarter. LRI Investments LLC now owns 1,536 shares of the business services provider's stock worth $158,000 after buying an additional 605 shares during the last quarter. Institutional investors own 91.60% of the company's stock.

Analyst Ratings Changes

Several analysts have weighed in on the company. Keefe, Bruyette & Woods dropped their price target on Euronet Worldwide from $112.00 to $110.00 and set a "market perform" rating on the stock in a research note on Friday, April 25th. William Blair reissued an "outperform" rating on shares of Euronet Worldwide in a report on Thursday, April 24th. Needham & Company LLC decreased their price objective on Euronet Worldwide from $130.00 to $120.00 and set a "buy" rating for the company in a report on Friday, April 25th. Finally, Oppenheimer upped their price target on Euronet Worldwide from $135.00 to $137.00 and gave the company an "outperform" rating in a research report on Wednesday, July 2nd. Three analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $123.83.

Euronet Worldwide Trading Up 0.4%

Euronet Worldwide stock traded up $0.38 during mid-day trading on Friday, hitting $91.63. The company's stock had a trading volume of 365,287 shares, compared to its average volume of 453,563. The firm has a market capitalization of $3.76 billion, a PE ratio of 12.57, a price-to-earnings-growth ratio of 0.73 and a beta of 1.25. Euronet Worldwide, Inc. has a 1 year low of $85.24 and a 1 year high of $114.25. The company has a current ratio of 1.15, a quick ratio of 1.60 and a debt-to-equity ratio of 0.74. The stock's fifty day moving average is $103.11 and its two-hundred day moving average is $102.24.

Euronet Worldwide (NASDAQ:EEFT - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The business services provider reported $2.56 EPS for the quarter, missing the consensus estimate of $2.66 by ($0.10). Euronet Worldwide had a return on equity of 26.62% and a net margin of 8.06%. The firm had revenue of $1.07 billion for the quarter, compared to analysts' expectations of $1.08 billion. During the same quarter in the prior year, the business earned $2.25 earnings per share. The company's quarterly revenue was up 8.9% on a year-over-year basis. On average, analysts anticipate that Euronet Worldwide, Inc. will post 9.11 EPS for the current year.

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.