Euronet Worldwide (EEFT) : Riggs Asset Managment reduced its stake in Euronet Worldwide by 1.41% during the most recent quarter end. The investment management company now holds a total of 101,144 shares of Euronet Worldwide which is valued at $7.5 Million after selling 1,444 shares in Euronet Worldwide , the firm said in a disclosure report filed with the SEC on May 13, 2016.Euronet Worldwide makes up approximately 5.46% of Riggs Asset Managment’s portfolio.
Other Hedge Funds, Including , Citadel Advisors sold out all of its stake in EEFT during the most recent quarter. The investment firm sold 93,217 shares of EEFT which is valued $6.9 Million. Raymond James Associates added EEFT to its portfolio by purchasing 8,858 company shares during the most recent quarter which is valued at $660,010.Bb&t Securities boosted its stake in EEFT in the latest quarter, The investment management firm added 997 additional shares and now holds a total of 15,229 shares of Euronet Worldwide which is valued at $1.1 Million. Euronet Worldwide makes up approx 0.02% of Bb&t Securities’s portfolio.Nwq Investment Management Company boosted its stake in EEFT in the latest quarter, The investment management firm added 43,469 additional shares and now holds a total of 398,856 shares of Euronet Worldwide which is valued at $29.7 Million. Euronet Worldwide makes up approx 0.47% of Nwq Investment Management Company’s portfolio.Smith Asset Management Group Lp reduced its stake in EEFT by selling 859 shares or 2.0% in the most recent quarter. The Hedge Fund company now holds 42,080 shares of EEFT which is valued at $3.2 Million. Euronet Worldwide makes up approx 0.10% of Smith Asset Management Group Lp’s portfolio.
Euronet Worldwide closed down -0.19 points or -0.24% at $80.14 with 2,43,735 shares getting traded on Wednesday. Post opening the session at $80.51, the shares hit an intraday low of $79.49 and an intraday high of $80.8499 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
On the company’s financial health, Euronet Worldwide reported $1.04 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Oct 21, 2015. Analyst had a consensus of $0.95. The company had revenue of $481.40 million for the quarter, compared to analysts expectations of $479.12 million. The company’s revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.80 EPS.
Euronet Worldwide Inc. (Euronet) is an electronic payments provider. The Company offers payment and transaction processing and distribution solutions to financial institutions retailers service providers and individual consumers. The Company operates in three segments: The EFT Processing Segment which provides electronic payment solutions consisting of ATM cash withdrawal and deposit services ATM network participation outsourced ATM and POS management solutions credit and debit card outsourcing and card issuing and merchant acquiring services; The epay Segment which provides electronic distribution and processing of prepaid mobile airtime and other electronic payment products and collection services for various payment products cards and services and the Money Transfer Segment which provides global consumer-to-consumer money transfer services under the brand names Ria and AFEX Money Express and global account-to-account money transfer services under the brand name HiFX.