Universal Beteiligungs und Servicegesellschaft mbH Has $1.56 Million Stock Holdings in Euronet Worldwide, Inc. $EEFT

Universal Beteiligungs und Servicegesellschaft mbH trimmed its position in Euronet Worldwide, Inc. (NASDAQ:EEFT) by 37.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 17,714 shares of the business services provider’s stock after selling 10,418 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Euronet Worldwide were worth $1,555,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. American Century Companies Inc. raised its holdings in Euronet Worldwide by 20.4% in the 2nd quarter. American Century Companies Inc. now owns 1,342,733 shares of the business services provider’s stock worth $136,126,000 after acquiring an additional 227,597 shares during the period. AQR Capital Management LLC grew its position in shares of Euronet Worldwide by 131.9% in the second quarter. AQR Capital Management LLC now owns 1,308,267 shares of the business services provider’s stock valued at $132,632,000 after purchasing an additional 744,040 shares during the last quarter. Burgundy Asset Management Ltd. increased its stake in shares of Euronet Worldwide by 3.9% in the second quarter. Burgundy Asset Management Ltd. now owns 1,217,631 shares of the business services provider’s stock worth $123,443,000 after purchasing an additional 46,205 shares during the period. Reinhart Partners LLC. lifted its position in shares of Euronet Worldwide by 20.3% during the 3rd quarter. Reinhart Partners LLC. now owns 1,079,798 shares of the business services provider’s stock worth $94,818,000 after purchasing an additional 181,888 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in shares of Euronet Worldwide by 17.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 628,384 shares of the business services provider’s stock worth $67,143,000 after purchasing an additional 91,348 shares during the last quarter. 91.60% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Needham & Company LLC cut their price target on Euronet Worldwide from $120.00 to $100.00 and set a “buy” rating for the company in a report on Thursday, October 23rd. Keefe, Bruyette & Woods cut their target price on shares of Euronet Worldwide from $100.00 to $95.00 and set a “market perform” rating for the company in a research note on Friday, October 24th. Wall Street Zen lowered shares of Euronet Worldwide from a “buy” rating to a “hold” rating in a research report on Saturday, October 18th. Weiss Ratings lowered shares of Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday. Finally, Monness Crespi & Hardt cut shares of Euronet Worldwide from a “buy” rating to a “neutral” rating in a research note on Monday, January 5th. Five investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $111.33.

Euronet Worldwide Stock Down 0.6%

Shares of EEFT opened at $72.46 on Friday. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.84. The company has a 50-day moving average price of $74.99 and a two-hundred day moving average price of $83.68. The stock has a market cap of $3.05 billion, a price-to-earnings ratio of 10.61, a P/E/G ratio of 0.57 and a beta of 0.84. Euronet Worldwide, Inc. has a 12 month low of $68.56 and a 12 month high of $114.25.

About Euronet Worldwide

Euronet Worldwide, Inc is a global financial technology company specializing in electronic payment services and transaction processing. Through its three primary business segments—Electronic Funds Transfer (EFT) Network Services, epay® Prepaid and Payment Services, and Money Transfer—Euronet provides end-to-end solutions that enable secure, efficient and convenient payments for consumers, financial institutions and retailers worldwide.

In its EFT Network Services arm, Euronet operates one of the world’s largest ATM and point-of-sale (POS) terminal networks, offering deployment, management and connectivity services.