Jones Financial Companies Lllp Grows Stock Holdings in Euronet Worldwide, Inc. (NASDAQ:EEFT)

Jones Financial Companies Lllp boosted its holdings in Euronet Worldwide, Inc. (NASDAQ:EEFT) by 485.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 855 shares of the business services provider’s stock after buying an additional 709 shares during the period. Jones Financial Companies Lllp’s holdings in Euronet Worldwide were worth $88,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Oppenheimer & Co. Inc. grew its stake in Euronet Worldwide by 0.7% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 18,074 shares of the business services provider’s stock valued at $1,793,000 after buying an additional 133 shares in the last quarter. HighTower Advisors LLC grew its position in shares of Euronet Worldwide by 0.6% during the 3rd quarter. HighTower Advisors LLC now owns 25,674 shares of the business services provider’s stock valued at $2,540,000 after purchasing an additional 158 shares in the last quarter. Quarry LP grew its position in shares of Euronet Worldwide by 21.6% during the 3rd quarter. Quarry LP now owns 1,087 shares of the business services provider’s stock valued at $108,000 after purchasing an additional 193 shares in the last quarter. New York State Teachers Retirement System grew its position in shares of Euronet Worldwide by 0.8% during the 4th quarter. New York State Teachers Retirement System now owns 23,277 shares of the business services provider’s stock valued at $2,394,000 after purchasing an additional 196 shares in the last quarter. Finally, Blue Trust Inc. grew its position in shares of Euronet Worldwide by 26.1% during the 4th quarter. Blue Trust Inc. now owns 989 shares of the business services provider’s stock valued at $98,000 after purchasing an additional 205 shares in the last quarter. 91.60% of the stock is currently owned by hedge funds and other institutional investors.

Euronet Worldwide Stock Performance

NASDAQ EEFT opened at $102.30 on Monday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.26 and a current ratio of 1.25. The company has a market capitalization of $4.47 billion, a P/E ratio of 15.81, a P/E/G ratio of 0.78 and a beta of 1.37. The company has a fifty day moving average of $99.97 and a 200-day moving average of $101.05. Euronet Worldwide, Inc. has a 52-week low of $91.07 and a 52-week high of $117.66.

Euronet Worldwide (NASDAQ:EEFT) last posted its quarterly earnings results on Wednesday, February 12th. The business services provider reported $1.82 earnings per share for the quarter, missing the consensus estimate of $2.05 by ($0.23). Euronet Worldwide had a return on equity of 27.74% and a net margin of 7.69%. As a group, equities research analysts predict that Euronet Worldwide, Inc. will post 9.11 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on EEFT shares. Oppenheimer reduced their price target on shares of Euronet Worldwide from $135.00 to $128.00 and set an “outperform” rating for the company in a research report on Thursday, December 19th. Keefe, Bruyette & Woods boosted their price target on shares of Euronet Worldwide from $108.00 to $112.00 and gave the company a “market perform” rating in a research report on Friday, February 14th. Stephens restated an “overweight” rating and set a $130.00 price target on shares of Euronet Worldwide in a research report on Friday, February 14th. StockNews.com lowered shares of Euronet Worldwide from a “buy” rating to a “hold” rating in a research report on Saturday, February 22nd. Finally, Needham & Company LLC restated a “buy” rating and set a $120.00 price target on shares of Euronet Worldwide in a research report on Thursday, December 12th. Four analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Euronet Worldwide presently has an average rating of “Moderate Buy” and an average price target of $127.00.

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.