Janus Henderson Group PLC lowered its position in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) by 1.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,737,944 shares of the business services provider’s stock after selling 39,096 shares during the quarter. Janus Henderson Group PLC owned 7.25% of Euronet Worldwide worth $374,617,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Glen Harbor Capital Management LLC raised its position in shares of Euronet Worldwide by 89.9% during the second quarter. Glen Harbor Capital Management LLC now owns 27,440 shares of the business services provider’s stock valued at $2,299,000 after buying an additional 12,992 shares during the last quarter. Boston Partners bought a new stake in shares of Euronet Worldwide during the second quarter valued at approximately $3,036,000. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp bought a new stake in shares of Euronet Worldwide during the second quarter valued at approximately $3,786,000. Coe Capital Management LLC raised its position in shares of Euronet Worldwide by 38.4% during the second quarter. Coe Capital Management LLC now owns 12,135 shares of the business services provider’s stock valued at $1,017,000 after buying an additional 3,365 shares during the last quarter. Finally, Granahan Investment Management Inc. MA raised its position in shares of Euronet Worldwide by 88.8% during the second quarter. Granahan Investment Management Inc. MA now owns 76,615 shares of the business services provider’s stock valued at $6,418,000 after buying an additional 36,033 shares during the last quarter.

Shares of EEFT opened at $108.38 on Wednesday. Euronet Worldwide, Inc. has a fifty-two week low of $70.67 and a fifty-two week high of $120.12. The firm has a market capitalization of $5.74 billion, a P/E ratio of 25.03, a price-to-earnings-growth ratio of 1.59 and a beta of 1.09. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.55.

Several equities research analysts have recently issued reports on the stock. BidaskClub upgraded shares of Euronet Worldwide from a “hold” rating to a “buy” rating in a research report on Thursday, October 4th. DA Davidson lifted their price objective on shares of Euronet Worldwide from $114.00 to $140.00 and gave the company a “buy” rating in a research report on Thursday, October 4th. SunTrust Banks lifted their price objective on shares of Euronet Worldwide to $155.00 and gave the company a “buy” rating in a research report on Wednesday, October 3rd. Wells Fargo & Co reiterated an “outperform” rating and set a $150.00 price objective on shares of Euronet Worldwide in a research report on Tuesday, October 2nd. Finally, ValuEngine upgraded shares of Euronet Worldwide from a “hold” rating to a “buy” rating in a research report on Tuesday, October 2nd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $128.88.

In related news, CEO Michael J. Brown sold 2,551 shares of the business’s stock in a transaction on Thursday, August 23rd. The shares were sold at an average price of $96.81, for a total value of $246,962.31. Following the sale, the chief executive officer now owns 1,463,669 shares in the company, valued at $141,697,795.89. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Jeffrey B. Newman sold 5,000 shares of Euronet Worldwide stock in a transaction on Wednesday, September 5th. The stock was sold at an average price of $97.26, for a total transaction of $486,300.00. The disclosure for this sale can be found here. Insiders sold 396,103 shares of company stock worth $40,942,762 in the last 90 days. 7.40% of the stock is currently owned by company insiders.

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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. The company operates in three segments: Electronic Financial Transaction (EFT) Processing, epay, and Money Transfer.

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

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