ArrowMark Colorado Holdings LLC Has $70.09 Million Position in Euronet Worldwide, Inc. $EEFT

ArrowMark Colorado Holdings LLC raised its holdings in Euronet Worldwide, Inc. (NASDAQ:EEFT) by 2.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 798,232 shares of the business services provider’s stock after acquiring an additional 22,413 shares during the quarter. Euronet Worldwide comprises 1.3% of ArrowMark Colorado Holdings LLC’s portfolio, making the stock its 18th largest position. ArrowMark Colorado Holdings LLC owned approximately 1.90% of Euronet Worldwide worth $70,093,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. AQR Capital Management LLC lifted its stake in shares of Euronet Worldwide by 131.9% in the 2nd quarter. AQR Capital Management LLC now owns 1,308,267 shares of the business services provider’s stock valued at $132,632,000 after purchasing an additional 744,040 shares during the period. Norges Bank acquired a new stake in shares of Euronet Worldwide during the second quarter worth $48,417,000. American Century Companies Inc. grew its stake in shares of Euronet Worldwide by 29.7% during the third quarter. American Century Companies Inc. now owns 1,741,996 shares of the business services provider’s stock worth $152,965,000 after purchasing an additional 399,263 shares during the period. Boston Partners bought a new stake in Euronet Worldwide in the third quarter valued at about $23,455,000. Finally, Two Sigma Investments LP increased its holdings in Euronet Worldwide by 299.2% in the third quarter. Two Sigma Investments LP now owns 273,837 shares of the business services provider’s stock valued at $24,046,000 after purchasing an additional 205,248 shares during the last quarter. Institutional investors and hedge funds own 91.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Wolfe Research restated an “underperform” rating and set a $80.00 target price on shares of Euronet Worldwide in a report on Thursday, January 8th. Monness Crespi & Hardt cut Euronet Worldwide from a “buy” rating to a “neutral” rating in a research note on Monday, January 5th. Weiss Ratings lowered shares of Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, March 3rd. DA Davidson set a $112.00 price objective on shares of Euronet Worldwide in a report on Thursday, March 5th. Finally, Keefe, Bruyette & Woods lowered their target price on shares of Euronet Worldwide from $85.00 to $75.00 and set a “market perform” rating for the company in a research note on Friday, February 13th. Four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $96.00.

Euronet Worldwide Price Performance

Shares of NASDAQ EEFT opened at $71.13 on Friday. The company has a fifty day moving average price of $72.44 and a 200 day moving average price of $78.11. The firm has a market cap of $2.80 billion, a PE ratio of 10.26, a PEG ratio of 0.56 and a beta of 0.80. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.78. Euronet Worldwide, Inc. has a 1-year low of $64.34 and a 1-year high of $114.25.

Euronet Worldwide (NASDAQ:EEFT) last released its quarterly earnings results on Thursday, February 12th. The business services provider reported $2.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.48 by ($0.09). The firm had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.11 billion. Euronet Worldwide had a net margin of 7.33% and a return on equity of 27.22%. The business’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the prior year, the business earned $2.08 EPS. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. Research analysts predict that Euronet Worldwide, Inc. will post 9.11 earnings per share for the current fiscal year.

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.