Bbva Compass Bancshares Inc. lessened its holdings in Euronet Worldwide, Inc. (NASDAQ:EEFT) by 9.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,880 shares of the business services provider’s stock after selling 926 shares during the period. Bbva Compass Bancshares Inc.’s holdings in Euronet Worldwide were worth $842,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of EEFT. Janus Henderson Group PLC purchased a new stake in Euronet Worldwide in the 2nd quarter valued at about $329,644,000. Arrowstreet Capital Limited Partnership increased its stake in Euronet Worldwide by 625.8% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 172,746 shares of the business services provider’s stock valued at $15,093,000 after buying an additional 148,946 shares during the last quarter. FMR LLC increased its stake in Euronet Worldwide by 4.1% in the 2nd quarter. FMR LLC now owns 3,536,948 shares of the business services provider’s stock valued at $309,023,000 after buying an additional 138,659 shares during the last quarter. Ameriprise Financial Inc. increased its stake in Euronet Worldwide by 20.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 745,509 shares of the business services provider’s stock valued at $65,132,000 after buying an additional 127,556 shares during the last quarter. Finally, Boston Advisors LLC purchased a new stake in Euronet Worldwide in the 2nd quarter valued at about $10,961,000. Hedge funds and other institutional investors own 93.97% of the company’s stock.

Several equities research analysts have commented on the stock. Zacks Investment Research lowered shares of Euronet Worldwide from a “buy” rating to a “hold” rating in a research note on Thursday, October 26th. Piper Jaffray Companies reiterated a “buy” rating and issued a $112.00 price objective on shares of Euronet Worldwide in a research note on Sunday, October 22nd. Northland Securities reiterated a “buy” rating and issued a $110.00 price objective on shares of Euronet Worldwide in a research note on Thursday, October 19th. SunTrust Banks, Inc. reiterated a “buy” rating and issued a $120.00 price objective on shares of Euronet Worldwide in a research note on Friday, October 6th. Finally, BidaskClub upgraded shares of Euronet Worldwide from a “buy” rating to a “strong-buy” rating in a research note on Monday, August 14th. One equities research analyst has rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. Euronet Worldwide presently has an average rating of “Buy” and an average target price of $108.67.

Euronet Worldwide, Inc. (NASDAQ:EEFT) opened at $93.68 on Friday. Euronet Worldwide, Inc. has a 52-week low of $70.51 and a 52-week high of $101.07. The firm has a market cap of $4,935.16, a P/E ratio of 22.47, a PEG ratio of 1.44 and a beta of 1.39. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.52 and a current ratio of 1.48.

Euronet Worldwide (NASDAQ:EEFT) last released its earnings results on Thursday, October 19th. The business services provider reported $1.61 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $1.61. Euronet Worldwide had a net margin of 9.63% and a return on equity of 22.46%. The firm had revenue of $637.90 million during the quarter, compared to the consensus estimate of $595.09 million. During the same period in the prior year, the firm earned $1.35 EPS. The company’s revenue was up 21.7% compared to the same quarter last year. sell-side analysts anticipate that Euronet Worldwide, Inc. will post 4.33 earnings per share for the current fiscal year.

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In other news, CEO Michael J. Brown sold 63,538 shares of the stock in a transaction that occurred on Monday, October 23rd. The shares were sold at an average price of $100.06, for a total transaction of $6,357,612.28. Following the completion of the transaction, the chief executive officer now directly owns 1,603,486 shares of the company’s stock, valued at approximately $160,444,809.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Rick Weller sold 76,563 shares of the stock in a transaction that occurred on Thursday, August 31st. The shares were sold at an average price of $97.51, for a total transaction of $7,465,658.13. Following the transaction, the chief financial officer now directly owns 81,221 shares of the company’s stock, valued at $7,919,859.71. The disclosure for this sale can be found here. Insiders have sold a total of 284,544 shares of company stock valued at $27,903,180 over the last three months. Insiders own 7.70% of the company’s stock.

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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Institutional Ownership by Quarter for Euronet Worldwide (NASDAQ:EEFT)

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