Euronet Worldwide, Inc. $EEFT Holdings Cut by Villanova Investment Management Co LLC

Villanova Investment Management Co LLC lessened its holdings in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) by 65.4% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,624 shares of the business services provider’s stock after selling 22,004 shares during the quarter. Euronet Worldwide makes up 3.5% of Villanova Investment Management Co LLC’s portfolio, making the stock its 4th biggest position. Villanova Investment Management Co LLC’s holdings in Euronet Worldwide were worth $1,242,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Captrust Financial Advisors grew its holdings in shares of Euronet Worldwide by 3.9% during the 4th quarter. Captrust Financial Advisors now owns 8,294 shares of the business services provider’s stock worth $853,000 after acquiring an additional 311 shares during the period. EP Wealth Advisors LLC boosted its position in shares of Euronet Worldwide by 18.4% during the fourth quarter. EP Wealth Advisors LLC now owns 2,532 shares of the business services provider’s stock valued at $260,000 after purchasing an additional 393 shares in the last quarter. Deutsche Bank AG grew its stake in Euronet Worldwide by 65.0% in the fourth quarter. Deutsche Bank AG now owns 5,643 shares of the business services provider’s stock worth $580,000 after purchasing an additional 2,223 shares during the period. Graham Capital Management L.P. bought a new position in Euronet Worldwide in the fourth quarter worth $307,000. Finally, Millennium Management LLC lifted its position in Euronet Worldwide by 45.7% during the fourth quarter. Millennium Management LLC now owns 302,967 shares of the business services provider’s stock valued at $31,157,000 after buying an additional 95,091 shares during the period. 91.60% of the stock is currently owned by hedge funds and other institutional investors.

Euronet Worldwide Stock Performance

EEFT stock opened at $89.91 on Thursday. The stock has a market capitalization of $3.69 billion, a PE ratio of 12.33, a price-to-earnings-growth ratio of 0.73 and a beta of 1.25. Euronet Worldwide, Inc. has a 12-month low of $85.24 and a 12-month high of $114.25. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.74. The stock’s 50 day simple moving average is $97.60 and its 200 day simple moving average is $101.21.

Euronet Worldwide (NASDAQ:EEFT) last posted its earnings results on Thursday, July 31st. The business services provider reported $2.56 EPS for the quarter, missing analysts’ consensus estimates of $2.66 by ($0.10). The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.08 billion. Euronet Worldwide had a return on equity of 26.62% and a net margin of 8.06%.The firm’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same period in the previous year, the business posted $2.25 EPS. Euronet Worldwide has set its FY 2025 guidance at 9.640-9.990 EPS. As a group, research analysts forecast that Euronet Worldwide, Inc. will post 9.11 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Oppenheimer upped their target price on shares of Euronet Worldwide from $135.00 to $137.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 2nd. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Euronet Worldwide has an average rating of “Moderate Buy” and an average price target of $123.83.

About Euronet Worldwide

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.