Euronet Worldwide, Inc. $EEFT Shares Bought by Hahn Capital Management LLC

by · The Markets Daily

Hahn Capital Management LLC boosted its holdings in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT – Free Report) by 20.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 114,393 shares of the business services provider’s stock after purchasing an additional 19,720 shares during the quarter. Euronet Worldwide makes up 4.8% of Hahn Capital Management LLC’s holdings, making the stock its 5th largest position. Hahn Capital Management LLC’s holdings in Euronet Worldwide were worth $10,045,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in EEFT. Vident Advisory LLC lifted its position in shares of Euronet Worldwide by 17.9% during the 1st quarter. Vident Advisory LLC now owns 12,572 shares of the business services provider’s stock valued at $1,343,000 after buying an additional 1,909 shares in the last quarter. Graham Capital Management L.P. raised its position in Euronet Worldwide by 133.8% during the first quarter. Graham Capital Management L.P. now owns 6,978 shares of the business services provider’s stock worth $746,000 after acquiring an additional 3,993 shares during the period. Focus Partners Advisor Solutions LLC purchased a new position in Euronet Worldwide during the first quarter valued at $228,000. EP Wealth Advisors LLC lifted its holdings in Euronet Worldwide by 63.6% during the first quarter. EP Wealth Advisors LLC now owns 4,142 shares of the business services provider’s stock valued at $443,000 after purchasing an additional 1,610 shares in the last quarter. Finally, AQR Capital Management LLC grew its position in shares of Euronet Worldwide by 102.5% in the first quarter. AQR Capital Management LLC now owns 564,227 shares of the business services provider’s stock valued at $59,388,000 after purchasing an additional 285,564 shares during the period. 91.60% of the stock is currently owned by hedge funds and other institutional investors.

Euronet Worldwide Trading Up 0.2%

Shares of Euronet Worldwide stock opened at $76.11 on Thursday. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.15 and a quick ratio of 1.15. The stock’s 50 day simple moving average is $75.01 and its 200-day simple moving average is $88.08. The stock has a market cap of $3.20 billion, a P/E ratio of 11.14, a P/E/G ratio of 0.67 and a beta of 0.86. Euronet Worldwide, Inc. has a 1-year low of $68.56 and a 1-year high of $114.25.

Euronet Worldwide (NASDAQ:EEFT – Get Free Report) last announced its quarterly earnings data on Thursday, October 23rd. The business services provider reported $3.62 EPS for the quarter, topping analysts’ consensus estimates of $3.58 by $0.04. The firm had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.20 billion. Euronet Worldwide had a return on equity of 27.63% and a net margin of 7.27%.The firm’s revenue was up 4.2% compared to the same quarter last year. During the same quarter last year, the business posted $3.03 earnings per share. Euronet Worldwide has set its FY 2025 guidance at 9.640-9.990 EPS. Analysts predict that Euronet Worldwide, Inc. will post 9.11 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

EEFT has been the subject of several research analyst reports. Needham & Company LLC reduced their price target on shares of Euronet Worldwide from $120.00 to $100.00 and set a “buy” rating for the company in a research report on Thursday, October 23rd. Weiss Ratings reissued a “sell (d+)” rating on shares of Euronet Worldwide in a report on Monday. Keefe, Bruyette & Woods decreased their target price on Euronet Worldwide from $100.00 to $95.00 and set a “market perform” rating on the stock in a research report on Friday, October 24th. Wall Street Zen cut Euronet Worldwide from a “buy” rating to a “hold” rating in a research report on Saturday, October 18th. Finally, Oppenheimer reduced their price objective on Euronet Worldwide from $134.00 to $133.00 and set an “outperform” rating for the company in a research note on Friday, October 17th. Five investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $117.60.

Get Our Latest Report on EEFT

Euronet Worldwide Profile

(Free Report)

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.

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