GSA Capital Partners LLP reduced its holdings in Everi Holdings Inc (NYSE:EVRI) by 10.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 451,990 shares of the credit services provider’s stock after selling 50,103 shares during the period. Everi makes up 0.2% of GSA Capital Partners LLP’s holdings, making the stock its 28th biggest position. GSA Capital Partners LLP owned 0.67% of Everi worth $3,431,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Renaissance Technologies LLC lifted its holdings in Everi by 91.9% in the 2nd quarter. Renaissance Technologies LLC now owns 4,868,878 shares of the credit services provider’s stock valued at $35,445,000 after purchasing an additional 2,331,500 shares in the last quarter. Numeric Investors LLC boosted its holdings in shares of Everi by 639.8% during the second quarter. Numeric Investors LLC now owns 1,596,050 shares of the credit services provider’s stock worth $11,619,000 after purchasing an additional 1,380,322 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Everi by 3,400.8% during the second quarter. Arrowstreet Capital Limited Partnership now owns 1,045,186 shares of the credit services provider’s stock worth $7,609,000 after purchasing an additional 1,015,330 shares during the period. Castleark Management LLC purchased a new stake in shares of Everi during the second quarter worth about $7,172,000. Finally, State Street Corp boosted its holdings in shares of Everi by 1,586.2% during the second quarter. State Street Corp now owns 1,045,754 shares of the credit services provider’s stock worth $7,608,000 after purchasing an additional 983,736 shares during the period. 84.08% of the stock is currently owned by hedge funds and other institutional investors.

In other Everi news, Director Eileen F. Raney bought 9,000 shares of the firm’s stock in a transaction on Wednesday, November 15th. The stock was acquired at an average price of $8.65 per share, with a total value of $77,850.00. Following the completion of the purchase, the director now owns 59,000 shares of the company’s stock, valued at $510,350. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Geoffrey P. Judge sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, October 3rd. The shares were sold at an average price of $7.70, for a total transaction of $77,000.00. The disclosure for this sale can be found here. Insiders sold 344,378 shares of company stock valued at $2,846,143 over the last 90 days. 4.50% of the stock is currently owned by company insiders.

EVRI has been the subject of a number of analyst reports. BidaskClub upgraded shares of Everi from a “hold” rating to a “buy” rating in a report on Thursday, August 17th. Zacks Investment Research upgraded shares of Everi from a “sell” rating to a “hold” rating in a report on Friday, August 18th. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $11.00 target price on shares of Everi in a report on Wednesday, November 1st. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $7.33.

Shares of Everi Holdings Inc (EVRI) traded up $0.01 on Thursday, reaching $7.64. 401,500 shares of the company’s stock traded hands, compared to its average volume of 776,592. The company has a quick ratio of 0.91, a current ratio of 0.98 and a debt-to-equity ratio of -9.13. Everi Holdings Inc has a twelve month low of $2.09 and a twelve month high of $8.99.

Everi (NYSE:EVRI) last issued its quarterly earnings data on Monday, October 30th. The credit services provider reported ($0.06) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.12) by $0.06. Everi had a negative net margin of 25.82% and a negative return on equity of 16,159.62%. The business had revenue of $247.32 million during the quarter, compared to analyst estimates of $228.37 million. During the same period last year, the business posted ($0.12) earnings per share. Everi’s quarterly revenue was up 11.3% compared to the same quarter last year. sell-side analysts predict that Everi Holdings Inc will post -0.5 EPS for the current fiscal year.

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Everi 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.

Institutional Ownership by Quarter for Everi (NYSE:EVRI)

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