Euronet Worldwide, Inc. $EEFT Shares Sold by Ulland Investment Advisors LLC

Ulland Investment Advisors LLC lessened its holdings in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) by 35.0% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 456 shares of the business services provider’s stock after selling 246 shares during the period. Ulland Investment Advisors LLC’s holdings in Euronet Worldwide were worth $46,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EEFT. AQR Capital Management LLC lifted its stake in Euronet Worldwide by 102.5% in the first quarter. AQR Capital Management LLC now owns 564,227 shares of the business services provider’s stock valued at $59,388,000 after buying an additional 285,564 shares during the last quarter. Voss Capital LP lifted its stake in Euronet Worldwide by 30.9% in the first quarter. Voss Capital LP now owns 824,589 shares of the business services provider’s stock valued at $88,107,000 after buying an additional 194,589 shares during the last quarter. Reinhart Partners LLC. lifted its stake in Euronet Worldwide by 21.6% in the second quarter. Reinhart Partners LLC. now owns 897,910 shares of the business services provider’s stock valued at $91,032,000 after buying an additional 159,527 shares during the last quarter. Public Sector Pension Investment Board purchased a new stake in Euronet Worldwide in the first quarter valued at approximately $9,962,000. Finally, Goldman Sachs Group Inc. lifted its stake in Euronet Worldwide by 17.0% in the first quarter. Goldman Sachs Group Inc. now owns 628,384 shares of the business services provider’s stock valued at $67,143,000 after buying an additional 91,348 shares during the last quarter. Hedge funds and other institutional investors own 91.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on EEFT shares. Weiss Ratings reissued a “hold (c)” rating on shares of Euronet Worldwide in a report on Wednesday. Oppenheimer boosted their target price on Euronet Worldwide from $135.00 to $137.00 and gave the company an “outperform” rating in a report on Wednesday, July 2nd. DA Davidson reissued a “buy” rating and issued a $130.00 target price on shares of Euronet Worldwide in a report on Friday, September 12th. Finally, Keefe, Bruyette & Woods dropped their target price on Euronet Worldwide from $110.00 to $100.00 and set a “market perform” rating on the stock in a report on Wednesday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $121.17.

Euronet Worldwide Trading Down 0.4%

Shares of EEFT stock opened at $86.15 on Friday. The business’s fifty day moving average price is $91.42 and its 200 day moving average price is $99.21. Euronet Worldwide, Inc. has a 1-year low of $85.24 and a 1-year high of $114.25. The firm has a market capitalization of $3.53 billion, a PE ratio of 11.82, a P/E/G ratio of 0.70 and a beta of 1.21. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.15 and a quick ratio of 1.15.

Euronet Worldwide (NASDAQ:EEFT) last announced its quarterly earnings data on Thursday, July 31st. The business services provider reported $2.56 earnings per share for the quarter, missing analysts’ consensus estimates of $2.66 by ($0.10). Euronet Worldwide had a return on equity of 26.62% and a net margin of 8.06%.The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same period in the prior year, the company earned $2.25 EPS. The company’s revenue was up 8.9% on a year-over-year basis. Euronet Worldwide has set its FY 2025 guidance at 9.640-9.990 EPS. As a group, sell-side analysts forecast that Euronet Worldwide, Inc. will post 9.11 EPS for the current fiscal year.

Euronet Worldwide Company Profile

Euronet Worldwide, Inc provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers worldwide. It operates through three segments: Electronic Fund Transfer Processing, epay, and Money Transfer. The Electronic Fund Transfer 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 and prepaid card outsourcing, card issuing, and merchant acquiring services.