Everi Holdings Inc. (NYSE:EVRI) was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Thursday.

Several other equities analysts also recently weighed in on the company. Zacks Investment Research raised Everi Holdings from a “hold” rating to a “buy” rating and set a $6.75 target price for the company in a research report on Wednesday, May 10th. Stifel Nicolaus lifted their target price on Everi Holdings from $6.50 to $7.50 and gave the company a “buy” rating in a research report on Wednesday, May 10th. Finally, ValuEngine raised Everi Holdings from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Everi Holdings presently has an average rating of “Buy” and a consensus target price of $6.94.

Shares of Everi Holdings (NYSE EVRI) traded down 0.39% on Thursday, reaching $7.64. 461,714 shares of the company’s stock traded hands. The firm’s market capitalization is $510.24 million. Everi Holdings has a 52 week low of $1.21 and a 52 week high of $8.99. The firm’s 50 day moving average is $7.53 and its 200 day moving average is $5.84.

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Institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP increased its position in shares of Everi Holdings by 9.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,265,234 shares of the credit services provider’s stock worth $7,086,000 after buying an additional 281,429 shares in the last quarter. Acadian Asset Management LLC increased its position in shares of Everi Holdings by 317.2% in the first quarter. Acadian Asset Management LLC now owns 354,837 shares of the credit services provider’s stock worth $1,700,000 after buying an additional 269,791 shares in the last quarter. TFS Capital LLC increased its position in shares of Everi Holdings by 178.5% in the first quarter. TFS Capital LLC now owns 280,297 shares of the credit services provider’s stock worth $1,343,000 after buying an additional 179,657 shares in the last quarter. Parametric Portfolio Associates LLC bought a new position in shares of Everi Holdings during the first quarter worth approximately $200,000. Finally, Hillsdale Investment Management Inc. bought a new position in shares of Everi Holdings during the first quarter worth approximately $169,000. 73.46% of the stock is owned by institutional investors and hedge funds.

About Everi Holdings

Everi Holdings Inc is a holding company. The Company operates through subsidiaries, including Everi Games Holding Inc (Everi Games Holding) and Everi Payments Inc (Everi Payments or Payments). The Company operates through two segments: Games and Payments. The Company provides video and mechanical reel gaming content and technology solutions, integrated gaming payments solutions, and compliance and efficiency software.

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