Gotham Asset Management LLC bought a new stake in Euronet Worldwide, Inc. (NASDAQ:EEFT) during the 4th quarter, Holdings Channel reports. The institutional investor bought 41,099 shares of the business services provider’s stock, valued at approximately $4,208,000.

Several other large investors have also recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Euronet Worldwide by 2.4% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,202 shares of the business services provider’s stock valued at $430,000 after buying an additional 100 shares during the last quarter. CWM LLC raised its holdings in shares of Euronet Worldwide by 66.1% in the fourth quarter. CWM LLC now owns 294 shares of the business services provider’s stock valued at $30,000 after buying an additional 117 shares during the last quarter. Renaissance Group LLC raised its holdings in shares of Euronet Worldwide by 2.5% in the fourth quarter. Renaissance Group LLC now owns 5,396 shares of the business services provider’s stock valued at $552,000 after buying an additional 134 shares during the last quarter. Benjamin F. Edwards & Company Inc. raised its holdings in shares of Euronet Worldwide by 21.4% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 850 shares of the business services provider’s stock valued at $87,000 after buying an additional 150 shares during the last quarter. Finally, BB&T Securities LLC raised its holdings in shares of Euronet Worldwide by 2.9% in the fourth quarter. BB&T Securities LLC now owns 10,111 shares of the business services provider’s stock valued at $1,035,000 after buying an additional 284 shares during the last quarter.

A number of research analysts recently issued reports on EEFT shares. BidaskClub raised Euronet Worldwide from a “buy” rating to a “strong-buy” rating in a report on Tuesday, November 27th. Zacks Investment Research cut Euronet Worldwide from a “buy” rating to a “hold” rating in a report on Friday, December 7th. Needham & Company LLC reaffirmed a “buy” rating and issued a $160.00 price target (up from $135.00) on shares of Euronet Worldwide in a report on Monday, February 11th. SunTrust Banks lifted their price target on Euronet Worldwide to $145.00 and gave the company a “buy” rating in a report on Monday, February 11th. Finally, DA Davidson lifted their price target on Euronet Worldwide to $152.00 and gave the company a “buy” rating in a report on Monday, February 11th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. Euronet Worldwide presently has an average rating of “Buy” and a consensus price target of $143.50.

Shares of NASDAQ:EEFT opened at $137.30 on Tuesday. The stock has a market cap of $7.20 billion, a price-to-earnings ratio of 25.86, a PEG ratio of 1.57 and a beta of 1.27. Euronet Worldwide, Inc. has a 1-year low of $70.67 and a 1-year high of $143.45. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.51 and a quick ratio of 1.51.

Euronet Worldwide (NASDAQ:EEFT) last announced its quarterly earnings data on Thursday, February 7th. The business services provider reported $1.37 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.21 by $0.16. The firm had revenue of $649.40 million during the quarter, compared to analysts’ expectations of $663.82 million. Euronet Worldwide had a return on equity of 25.05% and a net margin of 9.18%. The company’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.13 EPS. As a group, sell-side analysts expect that Euronet Worldwide, Inc. will post 6.64 EPS for the current year.

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About Euronet Worldwide

Euronet Worldwide, Inc provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers worldwide. The company operates in three segments: Electronic Financial Transaction (EFT) Processing, epay, and Money Transfer.

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

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