Euronet Worldwide, Inc. (EEFT) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP cut its position in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) by 25.8% during the fourth quarter, Holdings Channel reports. The firm owned 542,333 shares of the company’s stock after selling 189,011 shares during the period. Dimensional Fund Advisors LP’s holdings in Euronet Worldwide were worth $39,281,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Pembroke Management LTD raised its stake in Euronet Worldwide by 14.2% in the third quarter. Pembroke Management LTD now owns 264,000 shares of the company’s stock worth $21,603,000 after buying an additional 32,900 shares during the period. BlackRock Institutional Trust Company N.A. raised its stake in Euronet Worldwide by 6.8% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 1,426,084 shares of the company’s stock worth $116,696,000 after buying an additional 90,707 shares during the period. Rothschild Asset Management Inc. raised its stake in Euronet Worldwide by 6.2% in the third quarter. Rothschild Asset Management Inc. now owns 240,074 shares of the company’s stock worth $19,645,000 after buying an additional 14,103 shares during the period. Stephens Investment Management Group LLC raised its stake in Euronet Worldwide by 23.2% in the third quarter. Stephens Investment Management Group LLC now owns 676,075 shares of the company’s stock worth $55,323,000 after buying an additional 127,132 shares during the period. Finally, State Board of Administration of Florida Retirement System raised its stake in Euronet Worldwide by 0.3% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 52,892 shares of the company’s stock worth $3,831,000 after buying an additional 161 shares during the period. 91.85% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) opened at 83.54 on Monday. The firm has a market cap of $4.37 billion, a price-to-earnings ratio of 25.86 and a beta of 1.34. The firm has a 50-day moving average price of $81.46 and a 200-day moving average price of $77.96. Euronet Worldwide, Inc. has a 12-month low of $65.33 and a 12-month high of $84.81.

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A number of analysts have issued reports on EEFT shares. Zacks Investment Research lowered Euronet Worldwide from a “hold” rating to a “sell” rating in a report on Tuesday, December 6th. Evercore ISI reaffirmed a “buy” rating on shares of Euronet Worldwide in a report on Tuesday, March 14th. Finally, Piper Jaffray Companies set a $97.00 target price on Euronet Worldwide and gave the company a “buy” rating in a report on Thursday, February 9th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $91.20.

Euronet Worldwide Company Profile

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.

5 Day Chart for NASDAQ:EEFT

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