Dillon & Associates Has Boosted Its Position in Euronet Worldwide (EEFT) as Share Price Declined; Cim Has Lowered Align Technology (ALGN) Stake by $342,102

May 19, 2018 - By Maria Brooks

Euronet Worldwide, Inc. (NASDAQ:EEFT) Logo

Dillon & Associates Inc increased its stake in Euronet Worldwide Inc (EEFT) by 21.14% based on its latest 2017Q4 regulatory filing with the SEC. Dillon & Associates Inc bought 4,755 shares as the company’s stock declined 0.59% with the market. The institutional investor held 27,245 shares of the finance company at the end of 2017Q4, valued at $2.29 million, up from 22,490 at the end of the previous reported quarter. Dillon & Associates Inc who had been investing in Euronet Worldwide Inc for a number of months, seems to be bullish on the $4.21B market cap company. The stock decreased 0.29% or $0.24 during the last trading session, reaching $82.01. About 222,032 shares traded. Euronet Worldwide, Inc. (NASDAQ:EEFT) has risen 0.06% since May 19, 2017 and is uptrending. It has underperformed by 11.49% the S&P500.

Cim Llc decreased its stake in Align Technology Inc (ALGN) by 27.1% based on its latest 2017Q4 regulatory filing with the SEC. Cim Llc sold 1,541 shares as the company’s stock rose 11.29% while stock markets declined. The institutional investor held 4,146 shares of the health care company at the end of 2017Q4, valued at $921,000, down from 5,687 at the end of the previous reported quarter. Cim Llc who had been investing in Align Technology Inc for a number of months, seems to be less bullish one the $23.89B market cap company. The stock increased 1.80% or $5.28 during the last trading session, reaching $298. About 810,309 shares traded. Align Technology, Inc. (NASDAQ:ALGN) has risen 117.77% since May 19, 2017 and is uptrending. It has outperformed by 106.22% the S&P500.

Among 16 analysts covering Align Technology (NASDAQ:ALGN), 13 have Buy rating, 0 Sell and 3 Hold. Therefore 81% are positive. Align Technology had 64 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Buy” rating by Robert W. Baird given on Friday, October 27. The stock of Align Technology, Inc. (NASDAQ:ALGN) earned “Buy” rating by Jefferies on Wednesday, January 31. The firm has “Outperform” rating by Leerink Swann given on Wednesday, January 31. The company was maintained on Friday, October 6 by Morgan Stanley. The firm has “Buy” rating given on Friday, April 6 by Credit Suisse. The stock of Align Technology, Inc. (NASDAQ:ALGN) has “Equal-Weight” rating given on Thursday, April 19 by Morgan Stanley. The firm has “Buy” rating given on Monday, November 28 by Stifel Nicolaus. The stock of Align Technology, Inc. (NASDAQ:ALGN) earned “Buy” rating by Jefferies on Wednesday, May 31. The stock has “Outperform” rating by Credit Suisse on Thursday, April 26. The firm has “Buy” rating by Stifel Nicolaus given on Tuesday, January 30.

More notable recent Align Technology, Inc. (NASDAQ:ALGN) news were published by: Globenewswire.com which released: “Align Technology Provides Update Regarding SmileDirectClub (SDC) Dispute” on April 25, 2018, also Benzinga.com with their article: “Benzinga’s Top Upgrades, Downgrades For May 17, 2018” published on May 17, 2018, Seekingalpha.com published: “Key events next week – healthcare” on May 18, 2018. More interesting news about Align Technology, Inc. (NASDAQ:ALGN) were released by: Investorplace.com and their article: “Morgan Stanley Is Right to Worry About Align Technology, Inc. (ALGN) Stock” published on April 24, 2018 as well as Seekingalpha.com‘s news article titled: “Premarket analyst action – healthcare” with publication date: May 17, 2018.

Since February 2, 2018, it had 1 buy, and 7 insider sales for $51.00 million activity. Wright Emory sold 45,780 shares worth $11.91M. The insider Olson Jennifer sold $1.07 million. HOGAN JOSEPH M bought $350,445 worth of Align Technology, Inc. (NASDAQ:ALGN) on Tuesday, February 13. Shares for $5.79 million were sold by LACOB JOSEPH on Friday, May 11. LARKIN C RAYMOND JR sold $3.97M worth of stock. $641,250 worth of Align Technology, Inc. (NASDAQ:ALGN) was sold by Tay Julie.

Cim Llc, which manages about $285.00 million and $255.04 million US Long portfolio, upped its stake in Chipotle Mexican Grill Inc (NYSE:CMG) by 3,472 shares to 14,645 shares, valued at $4.23 million in 2017Q4, according to the filing. It also increased its holding in Visa Inc (NYSE:V) by 4,477 shares in the quarter, for a total of 9,043 shares, and has risen its stake in Thor Inds Inc (NYSE:THO).

Investors sentiment is 0.93 in Q4 2017. Its the same as in 2017Q3. It is the same, as 37 investors sold ALGN shares while 216 reduced holdings. only 100 funds opened positions while 136 raised stakes. 60.90 million shares or 3.22% less from 62.92 million shares in 2017Q3 were reported. 310,386 were accumulated by Frontier Capital Mngmt Ltd Limited Liability Company. Buckingham Asset Management Lc owns 0.12% invested in Align Technology, Inc. (NASDAQ:ALGN) for 2,537 shares. Synovus reported 0.01% stake. Nebraska-based Cwm Ltd Liability Corp has invested 0.01% in Align Technology, Inc. (NASDAQ:ALGN). Carroll Associates invested in 0.03% or 1,350 shares. Qci Asset Management stated it has 0.01% in Align Technology, Inc. (NASDAQ:ALGN). Bb&T Lc invested in 2,688 shares. Service Automobile Association reported 0.03% stake. Oppenheimer And reported 0.01% in Align Technology, Inc. (NASDAQ:ALGN). Efg Asset Mgmt (Americas) Corporation has invested 0.26% of its portfolio in Align Technology, Inc. (NASDAQ:ALGN). Atria Limited Liability stated it has 0.06% in Align Technology, Inc. (NASDAQ:ALGN). First Personal Fin Services, North Carolina-based fund reported 219 shares. Ipswich Invest holds 0.1% or 1,015 shares. Keybank Association Oh has 4,679 shares for 0.01% of their portfolio. Northern Trust stated it has 0.05% in Align Technology, Inc. (NASDAQ:ALGN).

Analysts await Align Technology, Inc. (NASDAQ:ALGN) to report earnings on July, 26. They expect $1.06 earnings per share, up 24.71% or $0.21 from last year’s $0.85 per share. ALGN’s profit will be $84.96 million for 70.28 P/E if the $1.06 EPS becomes a reality. After $1.17 actual earnings per share reported by Align Technology, Inc. for the previous quarter, Wall Street now forecasts -9.40% negative EPS growth.

Dillon & Associates Inc, which manages about $242.35M and $265.22M US Long portfolio, decreased its stake in Procter And Gamble (NYSE:PG) by 6,867 shares to 44,668 shares, valued at $4.11M in 2017Q4, according to the filing. It also reduced its holding in Enbridge Inc (NYSE:ENB) by 12,346 shares in the quarter, leaving it with 52,777 shares, and cut its stake in O’reilly Automotive Inc. (NASDAQ:ORLY).

Among 11 analysts covering Euronet Worldwide (NASDAQ:EEFT), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. Euronet Worldwide had 24 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, October 6 by SunTrust. Piper Jaffray maintained it with “Buy” rating and $115.0 target in Friday, March 16 report. DA Davidson initiated the shares of EEFT in report on Wednesday, July 19 with “Buy” rating. Avondale maintained the shares of EEFT in report on Wednesday, April 27 with “Market Outperform” rating. Piper Jaffray reinitiated the shares of EEFT in report on Wednesday, November 25 with “Overweight” rating. The rating was maintained by Piper Jaffray on Wednesday, September 2 with “Buy”. Piper Jaffray maintained Euronet Worldwide, Inc. (NASDAQ:EEFT) on Thursday, January 18 with “Buy” rating. As per Friday, September 8, the company rating was maintained by Piper Jaffray. Northland Capital maintained Euronet Worldwide, Inc. (NASDAQ:EEFT) on Wednesday, September 13 with “Buy” rating. Evercore initiated Euronet Worldwide, Inc. (NASDAQ:EEFT) rating on Tuesday, July 21. Evercore has “Buy” rating and $76 target.

More notable recent Euronet Worldwide, Inc. (NASDAQ:EEFT) news were published by: Streetinsider.com which released: “Euronet Worldwide (EEFT) Reports Acquisition of 400 Easycash Branded ATMs in Ireland from Ulster Bank” on May 07, 2018, also Seekingalpha.com with their article: “Euronet Worldwide’s (EEFT) CEO Mike Brown on Q1 2018 Results – Earnings Call Transcript” published on April 25, 2018, Streetinsider.com published: “Needham & Company Starts Euronet Worldwide (EEFT) at Buy” on May 10, 2018. More interesting news about Euronet Worldwide, Inc. (NASDAQ:EEFT) were released by: Nasdaq.com and their article: “Euronet acquires Innova Tax Free Group and Expands its Merchant Acquiring Offering in Europe” published on April 25, 2018 as well as Globenewswire.com‘s news article titled: “Euronet acquires Easycash and expands presence in Ireland” with publication date: May 07, 2018.

Investors sentiment increased to 1.32 in 2017 Q4. Its up 0.02, from 1.3 in 2017Q3. It improved, as 26 investors sold EEFT shares while 84 reduced holdings. 46 funds opened positions while 99 raised stakes. 48.61 million shares or 1.53% more from 47.88 million shares in 2017Q3 were reported. Coe Mgmt Limited Co accumulated 8,925 shares. 29,961 were accumulated by Stevens Capital Management Limited Partnership. Css Ltd Liability Il invested in 22,290 shares or 0.09% of the stock. Northern Trust reported 295,136 shares or 0.01% of all its holdings. Dekabank Deutsche Girozentrale accumulated 2,772 shares. Eagle Boston Mgmt Inc holds 1.6% or 189,930 shares in its portfolio. Winfield Associates accumulated 15 shares. Redwood Invests has invested 0.55% in Euronet Worldwide, Inc. (NASDAQ:EEFT). Great Lakes Advsr Lc stated it has 0.06% in Euronet Worldwide, Inc. (NASDAQ:EEFT). Citadel Advsrs Lc has 159,414 shares. Us Commercial Bank De has 0% invested in Euronet Worldwide, Inc. (NASDAQ:EEFT) for 19,193 shares. Koch accumulated 3,064 shares. Panagora Asset Mngmt Inc reported 0% of its portfolio in Euronet Worldwide, Inc. (NASDAQ:EEFT). Numeric Invsts Limited Company invested in 38,900 shares or 0.02% of the stock. Goldman Sachs Inc reported 253,798 shares stake.

Since December 12, 2017, it had 0 insider buys, and 7 selling transactions for $10.65 million activity. 29,146 shares were sold by WELLER RICK, worth $2.68M on Thursday, December 14. Shares for $27,232 were sold by Fountas Nikos.

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