Euronet Worldwide, Inc. (NASDAQ:EEFT) Shares Sold by Swiss National Bank

Swiss National Bank decreased its holdings in Euronet Worldwide, Inc. (NASDAQ:EEFT - Free Report) by 10.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 92,900 shares of the business services provider's stock after selling 10,700 shares during the period. Swiss National Bank owned 0.20% of Euronet Worldwide worth $9,428,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in EEFT. New York State Teachers Retirement System boosted its stake in shares of Euronet Worldwide by 26.2% in the third quarter. New York State Teachers Retirement System now owns 20,376 shares of the business services provider's stock worth $1,617,000 after acquiring an additional 4,235 shares during the period. M&T Bank Corp boosted its stake in Euronet Worldwide by 3.8% during the third quarter. M&T Bank Corp now owns 3,807 shares of the business services provider's stock valued at $303,000 after buying an additional 141 shares during the last quarter. NBC Securities Inc. bought a new position in Euronet Worldwide during the third quarter valued at approximately $521,000. Kavar Capital Partners Group LLC boosted its stake in Euronet Worldwide by 10.2% during the third quarter. Kavar Capital Partners Group LLC now owns 32,906 shares of the business services provider's stock valued at $2,612,000 after buying an additional 3,045 shares during the last quarter. Finally, Versor Investments LP boosted its stake in Euronet Worldwide by 187.4% during the third quarter. Versor Investments LP now owns 11,023 shares of the business services provider's stock valued at $875,000 after buying an additional 7,187 shares during the last quarter. Institutional investors own 91.60% of the company's stock.

Euronet Worldwide Trading Down 0.0 %

Shares of NASDAQ EEFT traded down $0.01 during midday trading on Monday, hitting $114.07. The company's stock had a trading volume of 264,419 shares, compared to its average volume of 280,434. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 1.01. The business's 50 day moving average is $107.88 and its two-hundred day moving average is $100.14. Euronet Worldwide, Inc. has a 12-month low of $73.84 and a 12-month high of $121.55. The firm has a market cap of $5.23 billion, a P/E ratio of 20.08 and a beta of 1.39.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. StockNews.com raised Euronet Worldwide from a "hold" rating to a "buy" rating in a research note on Thursday, February 15th. DA Davidson increased their price target on Euronet Worldwide from $126.00 to $136.00 and gave the company a "buy" rating in a research note on Friday, May 3rd. Evercore ISI raised their price objective on Euronet Worldwide from $118.00 to $135.00 and gave the company an "outperform" rating in a research note on Tuesday, March 26th. Monness Crespi & Hardt began coverage on Euronet Worldwide in a research note on Wednesday, March 20th. They issued a "buy" rating and a $140.00 price objective for the company. Finally, William Blair reaffirmed an "outperform" rating on shares of Euronet Worldwide in a research note on Wednesday, May 1st. One analyst has rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, Euronet Worldwide has a consensus rating of "Moderate Buy" and an average price target of $121.89.

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.