Sei Investments Co. raised its stake in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) by 7.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 103,268 shares of the business services provider’s stock after buying an additional 7,197 shares during the period. Sei Investments Co.’s holdings in Euronet Worldwide were worth $9,023,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Stifel Financial Corp raised its position in shares of Euronet Worldwide by 20.5% in the first quarter. Stifel Financial Corp now owns 150,208 shares of the business services provider’s stock worth $12,837,000 after buying an additional 25,510 shares during the last quarter. Bbva Compass Bancshares Inc. raised its position in shares of Euronet Worldwide by 2.7% in the first quarter. Bbva Compass Bancshares Inc. now owns 10,654 shares of the business services provider’s stock worth $911,000 after buying an additional 282 shares during the last quarter. American Century Companies Inc. raised its position in shares of Euronet Worldwide by 2.6% in the first quarter. American Century Companies Inc. now owns 4,878 shares of the business services provider’s stock worth $417,000 after buying an additional 124 shares during the last quarter. State Board of Administration of Florida Retirement System raised its position in shares of Euronet Worldwide by 2.0% in the first quarter. State Board of Administration of Florida Retirement System now owns 53,967 shares of the business services provider’s stock worth $4,615,000 after buying an additional 1,075 shares during the last quarter. Finally, First Houston Capital Inc. raised its position in shares of Euronet Worldwide by 2.6% in the first quarter. First Houston Capital Inc. now owns 33,200 shares of the business services provider’s stock worth $2,839,000 after buying an additional 850 shares during the last quarter. 94.42% of the stock is owned by institutional investors.

Euronet Worldwide, Inc. (EEFT) opened at 95.57 on Friday. The company has a 50 day moving average price of $91.69 and a 200-day moving average price of $85.21. Euronet Worldwide, Inc. has a 52 week low of $70.51 and a 52 week high of $97.77. The firm has a market capitalization of $5.02 billion, a price-to-earnings ratio of 30.85 and a beta of 1.34.

Euronet Worldwide (NASDAQ:EEFT) last released its quarterly earnings results on Wednesday, July 26th. The business services provider reported $1.09 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.08 by $0.01. The business had revenue of $536.60 million during the quarter, compared to the consensus estimate of $513.10 million. Euronet Worldwide had a return on equity of 22.32% and a net margin of 8.23%. The firm’s quarterly revenue was up 12.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.97 EPS. Equities analysts predict that Euronet Worldwide, Inc. will post $4.55 earnings per share for the current year.

TRADEMARK VIOLATION NOTICE: “Sei Investments Co. Boosts Position in Euronet Worldwide, Inc. (NASDAQ:EEFT)” was originally published by Daily Political and is the property of of Daily Political. If you are reading this piece on another website, it was illegally stolen and republished in violation of US & international copyright & trademark laws. The legal version of this piece can be read at https://www.dailypolitical.com/2017/08/12/sei-investments-co-boosts-position-in-euronet-worldwide-inc-nasdaqeeft.html.

A number of research analysts recently commented on the company. Zacks Investment Research lowered Euronet Worldwide from a “buy” rating to a “hold” rating in a research note on Friday, July 28th. DA Davidson assumed coverage on Euronet Worldwide in a research note on Wednesday, July 19th. They issued a “buy” rating and a $105.00 target price for the company. Lake Street Capital assumed coverage on Euronet Worldwide in a research note on Monday, June 26th. They issued a “buy” rating and a $96.00 target price for the company. Finally, BidaskClub upgraded Euronet Worldwide from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 6th. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. Euronet Worldwide currently has an average rating of “Buy” and a consensus price target of $100.20.

In related news, CEO Nikos Fountas sold 20,789 shares of the business’s stock in a transaction on Monday, August 7th. The stock was sold at an average price of $96.72, for a total value of $2,010,712.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Juan Bianchi sold 18,126 shares of the business’s stock in a transaction on Wednesday, June 14th. The shares were sold at an average price of $88.01, for a total value of $1,595,269.26. Following the completion of the sale, the chief executive officer now owns 9,534 shares of the company’s stock, valued at $839,087.34. The disclosure for this sale can be found here. Insiders sold a total of 126,883 shares of company stock valued at $11,968,683 over the last 90 days. 7.70% of the stock is currently owned by corporate insiders.

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.

Want to see what other hedge funds are holding EEFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Euronet Worldwide, Inc. (NASDAQ:EEFT).

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

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