Aurora Investment Counsel purchased a new stake in Euronet Worldwide, Inc. (NASDAQ:EEFT) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 20,629 shares of the business services provider’s stock, valued at approximately $1,738,000.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Atlantic Trust Group LLC increased its stake in Euronet Worldwide by 28.6% in the third quarter. Atlantic Trust Group LLC now owns 262,153 shares of the business services provider’s stock valued at $24,850,000 after purchasing an additional 58,307 shares in the last quarter. Public Employees Retirement System of Ohio increased its stake in Euronet Worldwide by 2.1% in the third quarter. Public Employees Retirement System of Ohio now owns 180,924 shares of the business services provider’s stock valued at $17,150,000 after purchasing an additional 3,712 shares in the last quarter. GSA Capital Partners LLP bought a new stake in Euronet Worldwide in the third quarter valued at $1,031,000. Hahn Capital Management LLC increased its stake in Euronet Worldwide by 1.0% in the third quarter. Hahn Capital Management LLC now owns 422,884 shares of the business services provider’s stock valued at $40,085,000 after purchasing an additional 4,024 shares in the last quarter. Finally, Insight Capital Research & Management Inc. bought a new stake in Euronet Worldwide in the third quarter valued at $1,198,000. 95.17% of the stock is owned by hedge funds and other institutional investors.
In related news, CEO Michael J. Brown sold 2,400 shares of the business’s stock in a transaction dated Friday, October 20th. The shares were sold at an average price of $100.00, for a total transaction of $240,000.00. Following the transaction, the chief executive officer now directly owns 1,603,486 shares in the company, valued at $160,348,600. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Rick Weller sold 12,400 shares of the business’s stock in a transaction dated Wednesday, December 13th. The stock was sold at an average price of $92.01, for a total transaction of $1,140,924.00. Following the transaction, the chief financial officer now owns 80,285 shares in the company, valued at $7,387,022.85. The disclosure for this sale can be found here. Insiders have sold 94,235 shares of company stock valued at $9,201,216 over the last quarter. Corporate insiders own 7.70% of the company’s stock.
Euronet Worldwide, Inc. (NASDAQ EEFT) opened at $92.51 on Friday. The stock has a market cap of $4,850.87, a PE ratio of 24.47, a PEG ratio of 1.22 and a beta of 1.37. Euronet Worldwide, Inc. has a twelve month low of $70.51 and a twelve month high of $101.07. The company has a current ratio of 1.48, a quick ratio of 1.44 and a debt-to-equity ratio of 0.50.
Euronet Worldwide (NASDAQ:EEFT) last issued its quarterly earnings data on Thursday, October 19th. The business services provider reported $1.61 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.61. The firm had revenue of $637.90 million during the quarter, compared to analysts’ expectations of $595.09 million. Euronet Worldwide had a net margin of 9.63% and a return on equity of 22.46%. The business’s revenue was up 21.7% on a year-over-year basis. During the same period last year, the company earned $1.35 earnings per share. sell-side analysts anticipate that Euronet Worldwide, Inc. will post 4.33 EPS for the current fiscal year.
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About Euronet Worldwide
Euronet Worldwide, Inc is an electronic payments provider. The Company offers payment and transaction processing and distribution solutions to financial institutions, retailers, service providers and individual consumers. Its product offerings include automated teller machine (ATM), point-of-sale (POS), card outsourcing, card issuing and merchant acquiring services, electronic distribution of prepaid mobile airtime and other electronic payment products.
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