Evertec (NYSE:EVTC) EVP Paola Perez-Surillo Sells 17,486 Shares

Evertec, Inc. (NYSE:EVTC) EVP Paola Perez-Surillo sold 17,486 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $31.56, for a total transaction of $551,858.16. Following the completion of the transaction, the executive vice president directly owned 46,421 shares of the company’s stock, valued at $1,465,046.76. The trade was a 27.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Evertec Stock Down 1.3%

EVTC stock opened at $31.55 on Friday. The stock has a market capitalization of $1.89 billion, a PE ratio of 20.49, a price-to-earnings-growth ratio of 0.92 and a beta of 0.70. Evertec, Inc. has a 52 week low of $21.81 and a 52 week high of $37.38. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.89. The firm has a 50 day moving average of $28.74 and a 200 day moving average of $27.82.

Evertec (NYSE:EVTC) last posted its quarterly earnings data on Tuesday, August 4th. The business services provider reported $1.05 EPS for the quarter, topping the consensus estimate of $0.95 by $0.10. The business had revenue of $274.82 million during the quarter, compared to the consensus estimate of $262.24 million. Evertec had a net margin of 9.80% and a return on equity of 32.07%. The business’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.89 earnings per share. Evertec has set its FY 2026 guidance at 3.940-4.040 EPS. Sell-side analysts forecast that Evertec, Inc. will post 3.48 earnings per share for the current year.

Evertec Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Monday, August 3rd will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.6%. The ex-dividend date is Monday, August 3rd. Evertec’s dividend payout ratio (DPR) is currently 12.99%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Dana Investment Advisors Inc. grew its stake in shares of Evertec by 53.4% in the 4th quarter. Dana Investment Advisors Inc. now owns 126,297 shares of the business services provider’s stock valued at $3,674,000 after buying an additional 43,952 shares during the period. Lombard Odier Asset Management Europe Ltd purchased a new stake in Evertec in the 4th quarter valued at about $2,240,000. Sei Investments Co. raised its stake in shares of Evertec by 293.5% in the 1st quarter. Sei Investments Co. now owns 63,472 shares of the business services provider’s stock valued at $1,791,000 after acquiring an additional 47,342 shares during the period. UBS Group AG lifted its holdings in shares of Evertec by 61.4% in the 4th quarter. UBS Group AG now owns 106,509 shares of the business services provider’s stock worth $3,098,000 after acquiring an additional 40,529 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its position in shares of Evertec by 16.5% during the 1st quarter. Principal Financial Group Inc. now owns 427,560 shares of the business services provider’s stock worth $12,066,000 after purchasing an additional 60,403 shares during the period. 96.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

EVTC has been the topic of a number of analyst reports. Raymond James Financial restated an “outperform” rating and set a $34.00 target price on shares of Evertec in a research report on Thursday, May 7th. Morgan Stanley set a $34.00 price target on shares of Evertec in a report on Thursday, August 6th. Wall Street Zen raised shares of Evertec from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Finally, Weiss Ratings cut shares of Evertec from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $35.00.

Evertec Company Profile

Evertec, Inc (NYSE: EVTC) is a leading full‐service transaction processor in Puerto Rico, Latin America and the Caribbean. The company delivers integrated technology solutions for electronic payments, providing financial institutions, merchants and governments with secure and scalable platforms to accept, process and settle transactions across card, ATM, debit and digital channels. Headquartered in San Juan, Puerto Rico, Evertec supports both domestic and cross‐border payment flows, enabling clients to streamline operations and expand their digital commerce capabilities.

Evertec’s suite of services includes merchant acquiring, payment gateway connectivity, ATM and point‐of‐sale network management, and fraud prevention solutions.