Evertec, Inc. $EVTC Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC reduced its position in Evertec, Inc. (NYSE:EVTC) by 29.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 395,726 shares of the business services provider’s stock after selling 162,561 shares during the period. Natixis Advisors LLC’s holdings in Evertec were worth $13,368,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the business. Royal Bank of Canada lifted its holdings in shares of Evertec by 10.2% during the 1st quarter. Royal Bank of Canada now owns 37,786 shares of the business services provider’s stock valued at $1,389,000 after purchasing an additional 3,495 shares during the last quarter. AQR Capital Management LLC purchased a new position in Evertec during the 1st quarter worth $248,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Evertec by 3.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 37,915 shares of the business services provider’s stock valued at $1,394,000 after buying an additional 1,222 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Evertec by 1.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 86,721 shares of the business services provider’s stock valued at $3,189,000 after buying an additional 846 shares during the last quarter. Finally, Jane Street Group LLC boosted its holdings in Evertec by 184.6% in the first quarter. Jane Street Group LLC now owns 133,714 shares of the business services provider’s stock worth $4,917,000 after acquiring an additional 86,733 shares in the last quarter. 96.80% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on EVTC shares. Zacks Research lowered Evertec from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 20th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Evertec in a research note on Monday, December 29th. Finally, Wall Street Zen raised shares of Evertec from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Two analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Evertec has an average rating of “Hold” and an average target price of $35.80.

Evertec Trading Up 1.6%

NYSE EVTC opened at $29.01 on Friday. Evertec, Inc. has a 1 year low of $24.95 and a 1 year high of $38.56. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.07 and a quick ratio of 2.07. The company has a market capitalization of $1.79 billion, a PE ratio of 13.25, a P/E/G ratio of 1.09 and a beta of 0.85. The company has a fifty day moving average of $28.37 and a 200 day moving average of $30.11.

Evertec (NYSE:EVTC) last announced its quarterly earnings results on Thursday, February 26th. The business services provider reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.02. The company had revenue of $244.83 million for the quarter, compared to the consensus estimate of $236.83 million. Evertec had a return on equity of 33.27% and a net margin of 15.19%.The firm’s revenue for the quarter was up 13.1% compared to the same quarter last year. During the same period last year, the firm earned $0.87 EPS. Evertec has set its FY 2026 guidance at 3.840-3.960 EPS. Research analysts forecast that Evertec, Inc. will post 2.63 earnings per share for the current year.

Evertec Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Monday, March 2nd. Evertec’s dividend payout ratio (DPR) is 9.13%.

Evertec Company Profile

Evertec, Inc (NYSE: EVTC) is a leading full‐service transaction processor in Puerto Rico, Latin America and the Caribbean. The company delivers integrated technology solutions for electronic payments, providing financial institutions, merchants and governments with secure and scalable platforms to accept, process and settle transactions across card, ATM, debit and digital channels. Headquartered in San Juan, Puerto Rico, Evertec supports both domestic and cross‐border payment flows, enabling clients to streamline operations and expand their digital commerce capabilities.

Evertec’s suite of services includes merchant acquiring, payment gateway connectivity, ATM and point‐of‐sale network management, and fraud prevention solutions.