45,000,000 Shares in Euronet Worldwide, Inc. $EEFT Bought by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL bought a new stake in Euronet Worldwide, Inc. (NASDAQ:EEFT) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 45,000,000 shares of the business services provider’s stock, valued at approximately $42,813,000. Tudor Investment Corp ET AL owned about 107.04% of Euronet Worldwide at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. Geneos Wealth Management Inc. raised its holdings in Euronet Worldwide by 48.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 334 shares of the business services provider’s stock valued at $36,000 after buying an additional 109 shares during the last quarter. PNC Financial Services Group Inc. increased its position in Euronet Worldwide by 4.9% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,420 shares of the business services provider’s stock valued at $245,000 after acquiring an additional 113 shares during the period. Lecap Asset Management Ltd. raised its stake in shares of Euronet Worldwide by 2.9% during the third quarter. Lecap Asset Management Ltd. now owns 4,550 shares of the business services provider’s stock valued at $400,000 after acquiring an additional 129 shares during the last quarter. Evergreen Capital Management LLC raised its stake in shares of Euronet Worldwide by 0.4% during the second quarter. Evergreen Capital Management LLC now owns 34,035 shares of the business services provider’s stock valued at $3,450,000 after acquiring an additional 129 shares during the last quarter. Finally, Quadrant Capital Group LLC lifted its holdings in shares of Euronet Worldwide by 3.2% during the second quarter. Quadrant Capital Group LLC now owns 4,228 shares of the business services provider’s stock worth $429,000 after purchasing an additional 131 shares during the period. 91.60% of the stock is owned by institutional investors and hedge funds.

Euronet Worldwide Stock Down 5.4%

Shares of Euronet Worldwide stock opened at $67.68 on Thursday. The stock’s 50-day moving average is $72.12 and its 200 day moving average is $77.61. Euronet Worldwide, Inc. has a one year low of $64.34 and a one year high of $114.25. The firm has a market cap of $2.66 billion, a price-to-earnings ratio of 9.77, a PEG ratio of 0.57 and a beta of 0.80. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.11 and a quick ratio of 1.11.

Euronet Worldwide (NASDAQ:EEFT) last issued its earnings results on Thursday, February 12th. The business services provider reported $2.39 earnings per share for the quarter, missing analysts’ consensus estimates of $2.48 by ($0.09). The business had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.11 billion. Euronet Worldwide had a return on equity of 27.22% and a net margin of 7.33%.The company’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.08 earnings per share. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. Equities research analysts anticipate that Euronet Worldwide, Inc. will post 9.11 EPS for the current year.

Analyst Ratings Changes

EEFT has been the subject of a number of recent research reports. DA Davidson set a $112.00 price objective on Euronet Worldwide in a report on Thursday, March 5th. Monness Crespi & Hardt cut Euronet Worldwide from a “buy” rating to a “neutral” rating in a research note on Monday, January 5th. Wolfe Research restated an “underperform” rating and set a $80.00 price objective on shares of Euronet Worldwide in a research report on Thursday, January 8th. Needham & Company LLC cut their price objective on Euronet Worldwide from $100.00 to $80.00 and set a “buy” rating on the stock in a research note on Thursday, February 12th. Finally, Weiss Ratings upgraded Euronet Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $96.00.

Euronet Worldwide Company Profile

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.