Janus Henderson Group PLC Raises Holdings in Euronet Worldwide, Inc. (NASDAQ:EEFT)

Janus Henderson Group PLC boosted its stake in Euronet Worldwide, Inc. (NASDAQ:EEFT - Free Report) by 1.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm 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 reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EEFT. Xponance Inc. grew its holdings in Euronet Worldwide by 3.6% during the 4th quarter. Xponance Inc. now owns 4,790 shares of the business services provider's stock worth $493,000 after acquiring an additional 166 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Euronet Worldwide by 2.3% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,469 shares of the business services provider's stock worth $768,000 after purchasing an additional 169 shares during the period. Peapack Gladstone Financial Corp raised its holdings in shares of Euronet Worldwide by 8.8% during the fourth quarter. Peapack Gladstone Financial Corp now owns 2,228 shares of the business services provider's stock valued at $229,000 after purchasing an additional 181 shares during the period. New York State Teachers Retirement System grew its stake in shares of Euronet Worldwide by 0.8% in the 4th quarter. New York State Teachers Retirement System now owns 23,277 shares of the business services provider's stock valued at $2,394,000 after buying an additional 196 shares during the period. Finally, Blue Trust Inc. raised its stake in Euronet Worldwide by 26.1% during the 4th quarter. Blue Trust Inc. now owns 989 shares of the business services provider's stock worth $98,000 after buying an additional 205 shares during the period. 91.60% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Michael J. Brown sold 95,000 shares of the stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $100.69, for a total transaction 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. This represents a 6.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 11.20% of the stock is currently owned by corporate insiders.

Euronet Worldwide Stock Performance

Shares of EEFT stock traded up $1.56 during trading on Friday, hitting $111.08. The company's stock had a trading volume of 441,650 shares, compared to its average volume of 355,392. 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 company has a market cap of $4.80 billion, a PE ratio of 17.17, a P/E/G ratio of 0.78 and a beta of 1.25. The business has a fifty day moving average of $101.44 and a 200-day moving average of $101.60. Euronet Worldwide, Inc. has a 52 week low of $85.24 and a 52 week high of $117.66.

Euronet Worldwide (NASDAQ:EEFT - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The business services provider reported $1.13 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.13. The firm had revenue of $915.50 million during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the firm posted $1.28 EPS. As a group, research analysts anticipate that Euronet Worldwide, Inc. will post 9.11 earnings per share for the current year.

Analysts Set New Price Targets

EEFT has been the topic of a number of research reports. StockNews.com lowered Euronet Worldwide from a "buy" rating to a "hold" rating in a research report on Saturday, February 22nd. Needham & Company LLC lowered their target price on shares of 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 cut their price target on 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 reissued an "overweight" rating and set a $130.00 price objective on shares of Euronet Worldwide in a report on Friday, February 14th. Finally, William Blair restated an "outperform" rating on shares of Euronet Worldwide in a report on Thursday, April 24th. Four analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $125.57.

Euronet Worldwide 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.