Janus Henderson Group PLC Purchases 20,805 Shares of Euronet Worldwide, Inc. (NASDAQ:EEFT)

Janus Henderson Group PLC boosted its position in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT - Free Report) by 1.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,386,382 shares of the business services provider's stock after purchasing an additional 20,805 shares during the period. Janus Henderson Group PLC owned about 3.16% of Euronet Worldwide worth $142,575,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC lifted its holdings in Euronet Worldwide by 0.5% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 3,372,449 shares of the business services provider's stock valued at $340,955,000 after purchasing an additional 16,220 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Euronet Worldwide by 3.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 821,777 shares of the business services provider's stock worth $84,512,000 after acquiring an additional 24,569 shares during the last quarter. Wasatch Advisors LP raised its stake in shares of Euronet Worldwide by 1.0% in the fourth quarter. Wasatch Advisors LP now owns 723,785 shares of the business services provider's stock worth $74,434,000 after acquiring an additional 7,246 shares during the last quarter. Voss Capital LP raised its stake in shares of Euronet Worldwide by 21.9% in the fourth quarter. Voss Capital LP now owns 630,000 shares of the business services provider's stock worth $64,789,000 after acquiring an additional 113,236 shares during the last quarter. Finally, Reinhart Partners LLC. raised its stake in shares of Euronet Worldwide by 3.4% in the fourth quarter. Reinhart Partners LLC. now owns 627,149 shares of the business services provider's stock worth $64,496,000 after acquiring an additional 20,824 shares during the last quarter. 91.60% of the stock is owned by institutional investors.

Euronet Worldwide Trading Up 1.4%

Shares of EEFT traded up $1.56 on Friday, reaching $111.08. 441,650 shares of the company's stock were exchanged, compared to its average volume of 356,595. The company has a current ratio of 1.25, a quick ratio of 1.26 and a debt-to-equity ratio of 0.92. The stock has a market capitalization of $4.80 billion, a P/E ratio of 17.17, a price-to-earnings-growth ratio of 0.78 and a beta of 1.25. The business has a 50 day moving average price of $101.67 and a two-hundred day moving average price of $101.74. Euronet Worldwide, Inc. has a 12 month low of $85.24 and a 12 month high of $117.66.

Euronet Worldwide (NASDAQ:EEFT - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The business services provider reported $1.13 EPS for the quarter, meeting analysts' consensus estimates of $1.13. Euronet Worldwide had a net margin of 7.69% and a return on equity of 27.74%. The business had revenue of $915.50 million during the quarter, compared to analysts' expectations of $908.93 million. During the same quarter in the prior year, the company earned $1.28 EPS. The firm's quarterly revenue was up 6.8% on a year-over-year basis. Research analysts anticipate that Euronet Worldwide, Inc. will post 9.11 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on EEFT shares. William Blair reaffirmed an "outperform" rating on shares of Euronet Worldwide in a research note on Thursday, April 24th. Keefe, Bruyette & Woods dropped their target price on shares of Euronet Worldwide from $112.00 to $110.00 and set a "market perform" rating for the company in a research note on Friday, April 25th. Stephens reaffirmed an "overweight" rating and issued a $130.00 target price on shares of Euronet Worldwide in a research note on Friday, February 14th. StockNews.com downgraded shares of Euronet Worldwide from a "buy" rating to a "hold" rating in a research note on Saturday, February 22nd. Finally, Needham & Company LLC dropped their target price on shares of Euronet Worldwide from $130.00 to $120.00 and set a "buy" rating for the company in a research note on Friday, April 25th. Three equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Euronet Worldwide has an average rating of "Moderate Buy" and an average target price of $125.57.

Insider Activity at Euronet Worldwide

In related news, CEO Michael J. Brown sold 95,000 shares of the company's stock in a transaction 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 completion of the transaction, the chief executive officer now directly owns 1,418,966 shares of the company's stock, valued at approximately $142,875,686.54. This represents a 6.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 11.20% of the stock is owned by corporate 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.