Euronet Worldwide, Inc. $EEFT Stock Holdings Lowered by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH trimmed its holdings in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) by 37.0% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,714 shares of the business services provider’s stock after selling 10,418 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Euronet Worldwide were worth $1,555,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Allworth Financial LP grew its holdings in shares of Euronet Worldwide by 248.7% in the 2nd quarter. Allworth Financial LP now owns 265 shares of the business services provider’s stock worth $27,000 after acquiring an additional 189 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in shares of Euronet Worldwide by 48.4% in the 1st 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 period. First Horizon Corp purchased a new position in Euronet Worldwide in the 3rd quarter worth about $36,000. True Wealth Design LLC raised its holdings in Euronet Worldwide by 106.4% during the 2nd quarter. True Wealth Design LLC now owns 450 shares of the business services provider’s stock worth $46,000 after buying an additional 232 shares during the period. Finally, Huntington National Bank raised its holdings in Euronet Worldwide by 35.5% during the 2nd quarter. Huntington National Bank now owns 550 shares of the business services provider’s stock worth $56,000 after buying an additional 144 shares during the period. Institutional investors and hedge funds own 91.60% of the company’s stock.

Euronet Worldwide Price Performance

NASDAQ EEFT opened at $72.46 on Friday. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.84. The stock has a market capitalization of $3.05 billion, a PE ratio of 10.61, a price-to-earnings-growth ratio of 0.57 and a beta of 0.84. Euronet Worldwide, Inc. has a 12-month low of $68.56 and a 12-month high of $114.25. The company has a 50 day moving average price of $74.99 and a two-hundred day moving average price of $83.68.

Analyst Ratings Changes

Several equities analysts have weighed in on EEFT shares. Weiss Ratings cut shares of Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday. Wall Street Zen cut Euronet Worldwide from a “buy” rating to a “hold” rating in a research report on Saturday, October 18th. Wolfe Research reissued an “underperform” rating and set a $80.00 price target on shares of Euronet Worldwide in a research report on Thursday, January 8th. Monness Crespi & Hardt lowered Euronet Worldwide from a “buy” rating to a “neutral” rating in a research report on Monday, January 5th. Finally, Keefe, Bruyette & Woods lowered their target price on Euronet Worldwide from $100.00 to $95.00 and set a “market perform” rating on the stock in a research note on Friday, October 24th. Five 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 company currently has a consensus rating of “Hold” and a consensus target price of $111.33.

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.