Barclays PLC Acquires 12,788 Shares of Everi Holdings Inc (EVRI)

Barclays PLC lifted its stake in shares of Everi Holdings Inc (NYSE:EVRI) by 21.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 72,099 shares of the credit services provider’s stock after acquiring an additional 12,788 shares during the period. Barclays PLC owned approximately 0.10% of Everi worth $371,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. LPL Financial LLC bought a new stake in shares of Everi during the fourth quarter worth $60,000. WINTON GROUP Ltd grew its position in Everi by 41.1% in the fourth quarter. WINTON GROUP Ltd now owns 15,093 shares of the credit services provider’s stock valued at $78,000 after purchasing an additional 4,400 shares in the last quarter. BOKF NA grew its position in Everi by 50.7% in the fourth quarter. BOKF NA now owns 16,121 shares of the credit services provider’s stock valued at $83,000 after purchasing an additional 5,421 shares in the last quarter. Menta Capital LLC bought a new position in Everi in the fourth quarter valued at $101,000. Finally, Virtu Financial LLC bought a new position in Everi in the third quarter valued at $209,000. 93.48% of the stock is owned by institutional investors.

Everi stock traded down $0.09 during mid-day trading on Friday, reaching $10.22. The company’s stock had a trading volume of 741,000 shares, compared to its average volume of 943,203. The company has a market cap of $725.00 million, a P/E ratio of 102.20, a price-to-earnings-growth ratio of 3.00 and a beta of 1.89. Everi Holdings Inc has a 12 month low of $4.76 and a 12 month high of $10.69.

Everi (NYSE:EVRI) last posted its earnings results on Tuesday, March 12th. The credit services provider reported ($0.04) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.01. Everi had a net margin of 2.63% and a negative return on equity of 6.27%. The company had revenue of $119.50 million during the quarter, compared to analysts’ expectations of $113.37 million. As a group, analysts predict that Everi Holdings Inc will post 0.18 earnings per share for the current fiscal year.

A number of research analysts recently weighed in on EVRI shares. ValuEngine downgraded shares of Everi from a “buy” rating to a “hold” rating in a research report on Thursday, December 27th. Zacks Investment Research raised shares of Everi from a “hold” rating to a “buy” rating and set a $5.50 target price for the company in a research report on Tuesday, January 1st. Finally, SunTrust Banks started coverage on shares of Everi in a research report on Monday, February 11th. They issued a “buy” rating and a $9.00 target price for the company. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $10.50.

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About Everi

Everi Holdings Inc provides technology solutions for the casino gaming industry in the United States, Europe, Canada, the Caribbean, Central America, and Asia. The company operates in two segments, Games and FinTech. It offers gaming products, such as classic mechanical reel games, video reel games, core HDX, Empire MPX and the Texan HDX, wide area progressive games, and slot tournament systems; and sells player terminals, licenses, back office systems, and other related equipment.

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Institutional Ownership by Quarter for Everi (NYSE:EVRI)

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