Hillsdale Investment Management Inc. Has $931,000 Stake in Euronet Worldwide, Inc. $EEFT

Hillsdale Investment Management Inc. raised its holdings in Euronet Worldwide, Inc. (NASDAQ:EEFT) by 9,307.7% in the fourth quarter, Holdings Channel reports. The fund owned 12,230 shares of the business services provider’s stock after acquiring an additional 12,100 shares during the period. Hillsdale Investment Management Inc.’s holdings in Euronet Worldwide were worth $931,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Johnson Financial Group Inc. acquired a new position in shares of Euronet Worldwide during the third quarter worth about $26,000. Danske Bank A S acquired a new position in Euronet Worldwide during the third quarter valued at approximately $26,000. Geneos Wealth Management Inc. boosted its position in Euronet Worldwide by 48.4% during the first quarter. Geneos Wealth Management Inc. now owns 334 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 109 shares during the last quarter. Abich Financial Wealth Management LLC acquired a new position in Euronet Worldwide during the third quarter valued at approximately $37,000. Finally, 1620 Investment Advisors Inc. lifted its position in shares of Euronet Worldwide by 123.1% in the fourth quarter. 1620 Investment Advisors Inc. now owns 589 shares of the business services provider’s stock valued at $45,000 after buying an additional 325 shares during the last quarter. 91.60% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Euronet Worldwide news, Director Thomas A. Mcdonnell bought 3,000 shares of Euronet Worldwide stock in a transaction dated Tuesday, May 26th. The stock was bought at an average cost of $66.87 per share, with a total value of $200,610.00. Following the completion of the acquisition, the director directly owned 100,219 shares in the company, valued at approximately $6,701,644.53. The trade was a 3.09% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 12.19% of the stock is currently owned by corporate insiders.

Euronet Worldwide Stock Up 1.9%

EEFT stock opened at $73.88 on Tuesday. The stock’s 50 day simple moving average is $69.82 and its 200 day simple moving average is $72.02. The company has a market cap of $2.81 billion, a P/E ratio of 10.66, a price-to-earnings-growth ratio of 0.57 and a beta of 0.83. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.28 and a current ratio of 1.28. Euronet Worldwide, Inc. has a fifty-two week low of $63.73 and a fifty-two week high of $114.25.

Euronet Worldwide (NASDAQ:EEFT) last announced its quarterly earnings results on Wednesday, April 29th. The business services provider reported $1.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.42 by $0.16. The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $969.68 million. Euronet Worldwide had a return on equity of 28.37% and a net margin of 7.15%.The company’s quarterly revenue was up 10.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.13 earnings per share. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. On average, research analysts expect that Euronet Worldwide, Inc. will post 9.83 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on EEFT shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $85.00 price objective on shares of Euronet Worldwide in a research report on Friday, May 22nd. Weiss Ratings lowered Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, April 2nd. Keefe, Bruyette & Woods lowered their price objective on Euronet Worldwide from $85.00 to $75.00 and set a “market perform” rating on the stock in a research note on Friday, February 13th. Finally, DA Davidson decreased their price target on Euronet Worldwide from $112.00 to $102.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $95.00.

Euronet Worldwide Company Profile

Euronet Worldwide, Inc is a global financial technology company specializing in electronic payment services and transaction processing. Through its three primary business segments—Electronic Funds Transfer (EFT) Network Services, epay® Prepaid and Payment Services, and Money Transfer—Euronet provides end-to-end solutions that enable secure, efficient and convenient payments for consumers, financial institutions and retailers worldwide.

In its EFT Network Services arm, Euronet operates one of the world’s largest ATM and point-of-sale (POS) terminal networks, offering deployment, management and connectivity services.