Sensato Investors LLC lessened its holdings in Net 1 UEPS Technologies Inc (NASDAQ:UEPS) by 60.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 208,312 shares of the business services provider’s stock after selling 315,818 shares during the quarter. Sensato Investors LLC owned 0.37% of Net 1 UEPS Technologies worth $2,477,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also made changes to their positions in UEPS. Vanguard Group Inc. lifted its position in shares of Net 1 UEPS Technologies by 6.9% during the 2nd quarter. Vanguard Group Inc. now owns 160,544 shares of the business services provider’s stock valued at $1,584,000 after buying an additional 10,424 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Net 1 UEPS Technologies by 12.1% during the 2nd quarter. Goldman Sachs Group Inc. now owns 32,035 shares of the business services provider’s stock valued at $316,000 after buying an additional 3,448 shares during the last quarter. State Street Corp lifted its position in shares of Net 1 UEPS Technologies by 16.5% during the 2nd quarter. State Street Corp now owns 97,463 shares of the business services provider’s stock valued at $961,000 after buying an additional 13,810 shares during the last quarter. Aperio Group LLC purchased a new position in shares of Net 1 UEPS Technologies during the 3rd quarter valued at $357,000. Finally, Prudential Financial Inc. purchased a new position in shares of Net 1 UEPS Technologies during the 3rd quarter valued at $466,000. Hedge funds and other institutional investors own 56.45% of the company’s stock.
In other Net 1 UEPS Technologies news, Director Christopher Stefan Seabrooke purchased 4,322 shares of the stock in a transaction on Monday, February 19th. The shares were purchased at an average price of $10.36 per share, with a total value of $44,775.92. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Paul Edwards sold 9,000 shares of the firm’s stock in a transaction dated Monday, December 18th. The shares were sold at an average price of $11.36, for a total value of $102,240.00. Following the completion of the sale, the director now directly owns 10,822 shares in the company, valued at approximately $122,937.92. The disclosure for this sale can be found here. In the last ninety days, insiders acquired 195,500 shares of company stock worth $2,036,511. Insiders own 3.18% of the company’s stock.
Shares of Net 1 UEPS Technologies Inc (UEPS) opened at $10.48 on Wednesday. The stock has a market capitalization of $599.01, a PE ratio of 6.67 and a beta of 0.81. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.28 and a current ratio of 1.30. Net 1 UEPS Technologies Inc has a 1-year low of $8.87 and a 1-year high of $13.47.
Net 1 UEPS Technologies (NASDAQ:UEPS) last issued its quarterly earnings data on Thursday, February 8th. The business services provider reported $0.39 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.39. Net 1 UEPS Technologies had a return on equity of 12.30% and a net margin of 9.73%. The business had revenue of $148.40 million for the quarter, compared to analysts’ expectations of $148.50 million. During the same quarter in the prior year, the firm posted $0.43 EPS. The firm’s quarterly revenue was down 2.0% on a year-over-year basis. analysts expect that Net 1 UEPS Technologies Inc will post 1.64 earnings per share for the current fiscal year.
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Net 1 UEPS Technologies Company Profile
Net 1 UEPS Technologies, Inc is a provider of payment solutions, transaction processing services and financial technology across multiple industries. The Company develops and markets a transaction processing solution that encompasses its smart card-based alternative payment system for the unbanked and under-banked populations of developing economies and for mobile transaction channels.
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