Captrust Financial Advisors Has $792,000 Position in Euronet Worldwide, Inc. (NASDAQ:EEFT)

Captrust Financial Advisors decreased its position in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) by 1.9% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 7,983 shares of the business services provider’s stock after selling 154 shares during the period. Captrust Financial Advisors’ holdings in Euronet Worldwide were worth $792,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in EEFT. Oppenheimer & Co. Inc. lifted 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 purchasing an additional 133 shares during the last quarter. Arizona State Retirement System raised its stake in shares of Euronet Worldwide by 1.1% during the second quarter. Arizona State Retirement System now owns 12,176 shares of the business services provider’s stock valued at $1,260,000 after acquiring an additional 135 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Euronet Worldwide by 6.5% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 2,350 shares of the business services provider’s stock worth $243,000 after purchasing an additional 143 shares during the period. State of Alaska Department of Revenue increased its holdings in Euronet Worldwide by 3.6% in the third quarter. State of Alaska Department of Revenue now owns 4,903 shares of the business services provider’s stock valued at $486,000 after purchasing an additional 170 shares during the period. Finally, Fifth Third Bancorp raised its position in Euronet Worldwide by 14.7% during the 2nd quarter. Fifth Third Bancorp now owns 1,588 shares of the business services provider’s stock worth $164,000 after purchasing an additional 203 shares during the last quarter. 91.60% of the stock is owned by institutional investors.

Euronet Worldwide Stock Performance

Shares of EEFT opened at $104.18 on Wednesday. Euronet Worldwide, Inc. has a one year low of $90.41 and a one year high of $117.66. The company has a market cap of $4.58 billion, a PE ratio of 15.05, a P/E/G ratio of 0.94 and a beta of 1.44. The stock has a 50-day moving average of $101.22 and a 200-day moving average of $102.86. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.26 and a quick ratio of 1.26.

Euronet Worldwide (NASDAQ:EEFT) last announced its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $3.03 EPS for the quarter, beating analysts’ consensus estimates of $2.92 by $0.11. Euronet Worldwide had a return on equity of 26.86% and a net margin of 8.49%. The firm had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter last year, the firm posted $2.53 earnings per share. On average, equities research analysts predict that Euronet Worldwide, Inc. will post 7.87 EPS for the current fiscal year.

Insider Buying and Selling at Euronet Worldwide

In related news, CEO Kevin J. Caponecchi sold 52,034 shares of Euronet Worldwide stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $106.61, for a total transaction of $5,547,344.74. Following the transaction, the chief executive officer now owns 90,288 shares of the company’s stock, valued at $9,625,603.68. The trade was a 36.56 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Martin L. Bruckner sold 9,397 shares of the stock in a transaction on Monday, November 25th. The shares were sold at an average price of $107.31, for a total value of $1,008,392.07. Following the completion of the sale, the senior vice president now directly owns 39,983 shares of the company’s stock, valued at $4,290,575.73. The trade was a 19.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 82,910 shares of company stock worth $8,780,102. 10.50% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

EEFT has been the subject of several recent research reports. DA Davidson reissued a “buy” rating and issued a $136.00 price target on shares of Euronet Worldwide in a research note on Tuesday, October 8th. StockNews.com upgraded shares of Euronet Worldwide from a “hold” rating to a “buy” rating in a report on Tuesday, November 12th. Citigroup downgraded shares of Euronet Worldwide from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $118.00 to $110.00 in a research note on Friday, October 18th. Oppenheimer upped their price target on shares of Euronet Worldwide from $121.00 to $135.00 and gave the company an “outperform” rating in a research report on Monday, November 25th. Finally, Needham & Company LLC lowered their price objective on Euronet Worldwide from $125.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, October 24th. Three equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Euronet Worldwide currently has an average rating of “Moderate Buy” and an average price target of $127.13.

Euronet Worldwide 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.