1 week Ago By ABMN Staff
Barclays PLC grew its stake in shares of EVERTEC, Inc. ( NYSE:EVTC – Free Report ) by 3.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.
The fund owned 118,831 shares of the business services provider’s stock after purchasing an additional 3,433 shares during the period. Barclays PLC’s holdings in EVERTEC were worth $4,103,000 as of its most recent SEC filing. Other hedge funds and other institutional investors have also modified their holdings of the company.
Summit Investment Advisors Inc. boosted its position in EVERTEC by 6.8% during the 4th quarter.
Summit Investment Advisors Inc. now owns 6,747 shares of the business services provider’s stock worth $233,000 after acquiring an additional 429 shares during the period. Raymond James Financial Inc.
purchased a new stake in shares of EVERTEC in the fourth quarter worth approximately $5,356,000. Bank of Montreal Can boosted its holdings in shares of EVERTEC by 13.3% during the fourth quarter.
Bank of Montreal Can now owns 11,970 shares of the business services provider’s stock worth $413,000 after purchasing an additional 1,409 shares during the period. FMR LLC grew its position in EVERTEC by 4.7% during the fourth quarter.
FMR LLC now owns 9,542,103 shares of the business services provider’s stock valued at $329,489,000 after purchasing an additional 427,859 shares in the last quarter. Finally, Aristides Capital LLC increased its stake in EVERTEC by 71.4% in the 4th quarter.
Aristides Capital LLC now owns 72,689 shares of the business services provider’s stock valued at $2,510,000 after buying an additional 30,270 shares during the period. Institutional investors and hedge funds own 96.80% of the company’s stock.
EVERTEC Trading Down 0.6 % EVERTEC stock opened at $33.03 on Monday.
The business has a 50 day moving average price of $35.11 and a two-hundred day moving average price of $34.34.
The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 1.
84. EVERTEC, Inc. has a 12 month low of $28.
76 and a 12 month high of $38.70. The stock has a market cap of $2.
11 billion, a price-to-earnings ratio of 25.80, a price-to-earnings-growth ratio of 1.43 and a beta of 1.
00. EVERTEC Dividend Announcement Insider Activity at EVERTEC In other news, CAO Karla Cruz sold 2,000 shares of the firm’s stock in a transaction on Friday, March 7th. The stock was sold at an average price of $36.
77, for a total value of $73,540.00. Following the completion of the sale, the chief accounting officer now directly owns 18,065 shares in the company, valued at approximately $664,250.
05. This trade represents a 9.97 % decrease in their ownership of the stock.
The sale was disclosed in a filing with the SEC, which is available through this link . Also, EVP Paola Perez-Surillo sold 14,585 shares of the business’s stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $37.
15, for a total transaction of $541,832.75. Following the completion of the transaction, the executive vice president now directly owns 35,203 shares of the company’s stock, valued at approximately $1,307,791.
45. This represents a 29.29 % decrease in their ownership of the stock.
The disclosure for this sale can be found here . Insiders have sold a total of 191,170 shares of company stock valued at $7,149,206 in the last 90 days. 0.
63% of the stock is owned by corporate insiders. Wall Street Analysts Forecast Growth A number of research firms recently issued reports on EVTC. William Blair reissued an “outperform” rating on shares of EVERTEC in a research report on Thursday, February 27th.
Susquehanna upgraded EVERTEC from a “negative” rating to a “neutral” rating and lifted their price target for the company from $28.00 to $30.00 in a report on Thursday, February 27th.
Check Out Our Latest Analysis on EVERTEC EVERTEC Profile ( Free Report ) EVERTEC, Inc engages in transaction processing business and financial technology in Latin America and the Caribbean. The company operates through four segments: Payment Services – Puerto Rico & Caribbean; Latin America Payments and Solutions; Merchant Acquiring; and Business Solutions. It provides merchant acquiring services, which enable point of sales and e-commerce merchants to accept and process electronic methods of payment, such as debit, credit, prepaid, and electronic benefit transfer (EBT) cards.
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