Euronet Worldwide, Inc. (EEFT) Shares Sold by Aurora Investment Counsel

Aurora Investment Counsel decreased its position in Euronet Worldwide, Inc. (NASDAQ:EEFT) by 77.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,100 shares of the business services provider’s stock after selling 13,969 shares during the period. Aurora Investment Counsel’s holdings in Euronet Worldwide were worth $420,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Euronet Worldwide by 2.4% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,202 shares of the business services provider’s stock worth $430,000 after buying an additional 100 shares in the last quarter. CWM LLC increased its holdings in Euronet Worldwide by 66.1% during the 4th quarter. CWM LLC now owns 294 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 117 shares in the last quarter. Renaissance Group LLC increased its holdings in Euronet Worldwide by 2.5% during the 4th quarter. Renaissance Group LLC now owns 5,396 shares of the business services provider’s stock valued at $552,000 after purchasing an additional 134 shares in the last quarter. Benjamin F. Edwards & Company Inc. increased its holdings in Euronet Worldwide by 21.4% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 850 shares of the business services provider’s stock valued at $87,000 after purchasing an additional 150 shares in the last quarter. Finally, BB&T Securities LLC boosted its position in Euronet Worldwide by 2.9% in the 4th 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 brokerages have commented on EEFT. Wells Fargo & Co increased their price objective on Euronet Worldwide from $150.00 to $164.00 and gave the company an “outperform” rating in a research report on Thursday, April 11th. They noted that the move was a valuation call. Zacks Investment Research restated a “hold” rating on shares of Euronet Worldwide in a research report on Monday, December 31st. DA Davidson raised their price target on Euronet Worldwide to $165.00 and gave the stock an “average” rating in a research report on Friday, April 5th. They noted that the move was a valuation call. SunTrust Banks raised their price target on Euronet Worldwide to $145.00 and gave the stock a “buy” rating in a research report on Monday, February 11th. Finally, Needham & Company LLC restated a “buy” rating and issued a $160.00 price target (up from $135.00) on shares of Euronet Worldwide in a research report on Monday, February 11th. Two equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. Euronet Worldwide has an average rating of “Buy” and an average price target of $145.88.

Euronet Worldwide stock traded down $1.54 during mid-day trading on Friday, hitting $147.42. 680,006 shares of the company’s stock were exchanged, compared to its average volume of 588,863. The company has a market capitalization of $7.66 billion, a PE ratio of 27.76, a PEG ratio of 1.67 and a beta of 1.27. Euronet Worldwide, Inc. has a fifty-two week low of $74.00 and a fifty-two week high of $150.53. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.49.

Euronet Worldwide (NASDAQ:EEFT) last issued its quarterly earnings data on Thursday, February 7th. The business services provider reported $1.37 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.21 by $0.16. The business had revenue of $649.40 million for the quarter, compared to the consensus estimate of $663.82 million. Euronet Worldwide had a return on equity of 25.05% and a net margin of 9.18%. The firm’s revenue was up 7.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.13 EPS. Analysts predict that Euronet Worldwide, Inc. will post 6.64 EPS for the current fiscal 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's Electronic Financial Transaction (EFT) Processing segment provides electronic payment solutions, including automated teller machine (ATM) cash withdrawal and deposit services, ATM network participation, outsourced ATM and point-of-sale (POS) management solutions, credit and debit card outsourcing, card issuing, and merchant acquiring services.

Further Reading: What is diluted earnings per share (Diluted EPS)?

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

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