Marshall Wace LLP Has $5.80 Million Stock Position in Everi Holdings Inc. (NYSE:EVRI)

Marshall Wace LLP grew its holdings in shares of Everi Holdings Inc. (NYSE:EVRI - Free Report) by 3,126.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 429,133 shares of the credit services provider's stock after acquiring an additional 415,833 shares during the quarter. Marshall Wace LLP owned about 0.50% of Everi worth $5,798,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of EVRI. Vanguard Group Inc. increased its position in shares of Everi by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 4,857,966 shares of the credit services provider's stock valued at $65,631,000 after purchasing an additional 47,844 shares during the period. Water Island Capital LLC grew its holdings in Everi by 14.5% during the fourth quarter. Water Island Capital LLC now owns 2,924,921 shares of the credit services provider's stock worth $39,516,000 after acquiring an additional 370,704 shares during the period. Geode Capital Management LLC raised its position in Everi by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 1,882,584 shares of the credit services provider's stock worth $25,440,000 after acquiring an additional 22,263 shares in the last quarter. Highbridge Capital Management LLC lifted its holdings in Everi by 147.8% in the 4th quarter. Highbridge Capital Management LLC now owns 1,392,408 shares of the credit services provider's stock valued at $18,811,000 after acquiring an additional 830,470 shares during the last quarter. Finally, Grantham Mayo Van Otterloo & Co. LLC boosted its position in shares of Everi by 12.9% during the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 1,240,177 shares of the credit services provider's stock valued at $16,755,000 after purchasing an additional 141,627 shares in the last quarter. Institutional investors own 95.47% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Everi from a "hold" rating to a "buy" rating in a research note on Thursday, April 3rd. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to MarketBeat, Everi has an average rating of "Hold" and a consensus target price of $12.83.

Everi Trading Up 0.7 %

EVRI stock traded up $0.10 during mid-day trading on Tuesday, reaching $13.95. 1,475,377 shares of the stock traded hands, compared to its average volume of 1,283,102. The stock's fifty day moving average is $13.67 and its 200-day moving average is $13.55. The company has a market cap of $1.21 billion, a P/E ratio of 93.04 and a beta of 1.57. The company has a current ratio of 1.06, a quick ratio of 0.97 and a debt-to-equity ratio of 3.84. Everi Holdings Inc. has a 52-week low of $6.37 and a 52-week high of $14.02.

Insider Activity at Everi

In other news, Director Geoffrey P. Judge sold 7,332 shares of the firm's stock in a transaction on Monday, March 10th. The stock was sold at an average price of $13.73, for a total value of $100,668.36. Following the completion of the sale, the director now owns 84,240 shares of the company's stock, valued at $1,156,615.20. This trade represents a 8.01 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CAO Todd A. Valli sold 30,000 shares of the company's stock in a transaction on Monday, April 21st. The shares were sold at an average price of $13.75, for a total value of $412,500.00. Following the transaction, the chief accounting officer now directly owns 57,413 shares in the company, valued at $789,428.75. The trade was a 34.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 6.40% of the stock is owned by insiders.

Everi Company Profile

Everi Holdings Inc develops and supplies entertaining game content, gaming machines, and gaming systems and services for land-based and iGaming operators in the United States, Canada, and internationally. It operates in Games and Financial Technology Solutions segments. The company offers classic mechanical reel games and video reel games, as well as TournEvent of Champions, a national slot tournament; and sells gaming equipment and player terminals, licenses, game content, and ancillary equipment, such as signage and lighting packages.