OxFORD Asset Management LLP Has $1.01 Million Position in Euronet Worldwide, Inc. (EEFT)

OxFORD Asset Management LLP increased its stake in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) by 175.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,715 shares of the business services provider’s stock after acquiring an additional 6,830 shares during the period. OxFORD Asset Management LLP’s holdings in Euronet Worldwide were worth $1,014,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. Westfield Capital Management Co. LP grew its holdings in Euronet Worldwide by 52.1% during the third quarter. Westfield Capital Management Co. LP now owns 235,964 shares of the business services provider’s stock worth $22,367,000 after acquiring an additional 80,840 shares during the period. Dimensional Fund Advisors LP grew its holdings in Euronet Worldwide by 1.6% during the third quarter. Dimensional Fund Advisors LP now owns 472,823 shares of the business services provider’s stock worth $44,817,000 after acquiring an additional 7,343 shares during the period. Schwab Charles Investment Management Inc. grew its holdings in Euronet Worldwide by 7.5% during the third quarter. Schwab Charles Investment Management Inc. now owns 269,824 shares of the business services provider’s stock worth $25,577,000 after acquiring an additional 18,743 shares during the period. Axiom International Investors LLC DE grew its holdings in Euronet Worldwide by 17.7% during the third quarter. Axiom International Investors LLC DE now owns 123,429 shares of the business services provider’s stock worth $11,700,000 after acquiring an additional 18,601 shares during the period. Finally, Schroder Investment Management Group acquired a new stake in Euronet Worldwide during the third quarter worth about $1,486,000. 95.17% of the stock is currently owned by hedge funds and other institutional investors.

In other news, CEO Michael J. Brown sold 2,400 shares of Euronet Worldwide stock in a transaction that occurred on Friday, October 20th. The stock was sold at an average price of $100.00, for a total value of $240,000.00. Following the sale, the chief executive officer now directly owns 1,603,486 shares of the company’s stock, valued at $160,348,600. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Rick Weller sold 12,400 shares of Euronet Worldwide stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $92.01, for a total value of $1,140,924.00. The disclosure for this sale can be found here. Insiders sold 94,235 shares of company stock worth $9,201,216 over the last ninety days. Corporate insiders own 7.70% of the company’s stock.

Several analysts have commented on EEFT shares. Zacks Investment Research lowered Euronet Worldwide from a “buy” rating to a “hold” rating in a report on Thursday, October 26th. SunTrust Banks reissued a “buy” rating and issued a $120.00 price objective on shares of Euronet Worldwide in a report on Friday, October 6th. William Blair lowered Euronet Worldwide from an “outperform” rating to a “market perform” rating in a report on Monday. Piper Jaffray Companies reissued a “buy” rating and issued a $112.00 price objective on shares of Euronet Worldwide in a report on Sunday, October 22nd. Finally, BidaskClub lowered Euronet Worldwide from a “hold” rating to a “sell” rating in a report on Friday, December 15th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the stock. Euronet Worldwide currently has a consensus rating of “Buy” and a consensus price target of $108.86.

Shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) opened at $86.27 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.48 and a quick ratio of 1.44. The stock has a market capitalization of $4,594.84, a P/E ratio of 20.92, a PEG ratio of 1.34 and a beta of 1.36. Euronet Worldwide, Inc. has a 12 month low of $70.51 and a 12 month high of $101.07.

Euronet Worldwide (NASDAQ:EEFT) last issued its quarterly earnings results on Thursday, October 19th. The business services provider reported $1.61 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $1.61. The firm had revenue of $637.90 million for the quarter, compared to analyst estimates of $595.09 million. Euronet Worldwide had a return on equity of 22.46% and a net margin of 9.63%. The business’s revenue was up 21.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.35 earnings per share. research analysts predict that Euronet Worldwide, Inc. will post 4.33 EPS for the current fiscal year.

TRADEMARK VIOLATION NOTICE: “OxFORD Asset Management LLP Has $1.01 Million Position in Euronet Worldwide, Inc. (EEFT)” was first published by Community Financial News and is the property of of Community Financial News. If you are viewing this piece of content on another website, it was illegally stolen and reposted in violation of international copyright & trademark laws. The legal version of this piece of content can be accessed at https://www.com-unik.info/2017/12/22/oxford-asset-management-llp-has-1-01-million-position-in-euronet-worldwide-inc-eeft.html.

About Euronet Worldwide

Euronet Worldwide, Inc is an electronic payments provider. The Company offers payment and transaction processing and distribution solutions to financial institutions, retailers, service providers and individual consumers. Its product offerings include automated teller machine (ATM), point-of-sale (POS), card outsourcing, card issuing and merchant acquiring services, electronic distribution of prepaid mobile airtime and other electronic payment products.

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

Receive News & Ratings for Euronet Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Euronet Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit