Everi Holdings Inc. (EVRI) Shares Bought by Vanguard Group Inc.
Vanguard Group Inc. increased its position in Everi Holdings Inc. (NYSE:EVRI) by 6.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,640,210 shares of the credit services provider’s stock after buying an additional 166,661 shares during the period. Vanguard Group Inc. owned approximately 3.99% of Everi Holdings worth $12,647,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of EVRI. JPMorgan Chase & Co. bought a new stake in shares of Everi Holdings during the first quarter worth approximately $160,000. Hillsdale Investment Management Inc. bought a new stake in shares of Everi Holdings during the first quarter worth approximately $169,000. Parametric Portfolio Associates LLC bought a new stake in shares of Everi Holdings during the first quarter worth approximately $200,000. Alambic Investment Management L.P. raised its stake in shares of Everi Holdings by 13.8% in the first quarter. Alambic Investment Management L.P. now owns 76,683 shares of the credit services provider’s stock worth $367,000 after buying an additional 9,300 shares in the last quarter. Finally, Segantii Capital Management Ltd raised its stake in shares of Everi Holdings by 564.6% in the first quarter. Segantii Capital Management Ltd now owns 89,724 shares of the credit services provider’s stock worth $430,000 after buying an additional 76,224 shares in the last quarter. 85.37% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Everi Holdings Inc. (EVRI) traded up 1.21% on Wednesday, hitting $7.55. 116,962 shares of the stock traded hands. The stock has a 50 day moving average of $7.59 and a 200-day moving average of $6.01. The stock’s market cap is $504.23 million. Everi Holdings Inc. has a 1-year low of $1.21 and a 1-year high of $8.99.
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A number of equities research analysts have commented on EVRI shares. BidaskClub raised shares of Everi Holdings from a “hold” rating to a “buy” rating in a report on Thursday, August 17th. Stifel Nicolaus reissued a “buy” rating and set a $9.00 price objective (up previously from $7.50) on shares of Everi Holdings in a report on Monday, June 12th. Zacks Investment Research raised shares of Everi Holdings from a “hold” rating to a “buy” rating and set a $6.75 price objective on the stock in a report on Wednesday, May 10th. Finally, ValuEngine raised shares of Everi Holdings from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $6.94.
Everi Holdings Company Profile
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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