Dimensional Fund Advisors LP Acquires 53,021 Shares of EVO Payments, Inc. (NASDAQ:EVOP)

Dimensional Fund Advisors LP lifted its holdings in EVO Payments, Inc. (NASDAQ:EVOP – Get Rating) by 9.9% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 587,867 shares of the company’s stock after acquiring an additional 53,021 shares during the quarter. Dimensional Fund Advisors LP owned 1.14% of EVO Payments worth $19,575,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Credit Suisse AG lifted its holdings in shares of EVO Payments by 2.1% in the 2nd quarter. Credit Suisse AG now owns 35,477 shares of the company’s stock worth $834,000 after acquiring an additional 713 shares during the last quarter. Sei Investments Co. raised its holdings in EVO Payments by 1.8% during the 1st quarter. Sei Investments Co. now owns 117,991 shares of the company’s stock valued at $2,779,000 after buying an additional 2,072 shares during the last quarter. Great West Life Assurance Co. Can bought a new stake in EVO Payments during the 3rd quarter valued at $83,000. BNP Paribas Arbitrage SA raised its holdings in EVO Payments by 33.4% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 11,040 shares of the company’s stock valued at $260,000 after buying an additional 2,765 shares during the last quarter. Finally, Rhumbline Advisers raised its holdings in EVO Payments by 6.4% during the 2nd quarter. Rhumbline Advisers now owns 53,893 shares of the company’s stock valued at $1,268,000 after buying an additional 3,260 shares during the last quarter. 92.73% of the stock is currently owned by institutional investors.

EVO Payments Stock Up 0.0 %

NASDAQ:EVOP opened at $33.82 on Tuesday. EVO Payments, Inc. has a 52 week low of $21.01 and a 52 week high of $33.98. The firm has a market capitalization of $1.75 billion, a P/E ratio of -3,382,000.00 and a beta of 1.11. The company has a fifty day moving average of $33.86 and a 200 day moving average of $33.64.

Insiders Place Their Bets

In other EVO Payments news, insider Darren Wilson sold 3,500 shares of the company’s stock in a transaction on Tuesday, December 20th. The shares were sold at an average price of $33.72, for a total value of $118,020.00. Following the completion of the transaction, the insider now directly owns 43,941 shares in the company, valued at approximately $1,481,690.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 12.75% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, TheStreet lowered shares of EVO Payments from a “c” rating to a “d+” rating in a report on Friday, February 24th. Four equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, EVO Payments currently has a consensus rating of “Hold” and an average price target of $34.00.

About EVO Payments

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EVO Payments, Inc is a holding company, which provides payments technology and services. It offers payment and commerce solutions. The firm operates through the Americas and Europe geographical segments. The Americas segment is composed of the United States, Canada, and Mexico. The Europe segment includes operations in the Czech Republic, Germany, Ireland, Poland, Spain, and the United Kingdom, as well as supporting merchants in France, Austria, Italy, the Nordics, and other Central and Eastern European.