Strs Ohio lifted its holdings in shares of Everi Holdings Inc (NYSE:EVRI) by 108.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 96,500 shares of the credit services provider’s stock after buying an additional 50,300 shares during the quarter. Strs Ohio’s holdings in Everi were worth $727,000 at the end of the most recent quarter.
Several other large investors have also modified their holdings of the company. Gotham Asset Management LLC acquired a new position in Everi during the second quarter valued at approximately $265,000. California State Teachers Retirement System acquired a new position in Everi during the second quarter valued at approximately $821,000. Schwab Charles Investment Management Inc. grew its holdings in Everi by 125.8% during the second quarter. Schwab Charles Investment Management Inc. now owns 380,700 shares of the credit services provider’s stock valued at $2,772,000 after purchasing an additional 212,136 shares during the period. Wells Fargo & Company MN grew its holdings in Everi by 434.3% during the second quarter. Wells Fargo & Company MN now owns 55,727 shares of the credit services provider’s stock valued at $406,000 after purchasing an additional 45,297 shares during the period. Finally, New York State Common Retirement Fund grew its holdings in Everi by 22.4% during the third quarter. New York State Common Retirement Fund now owns 66,200 shares of the credit services provider’s stock valued at $502,000 after purchasing an additional 12,100 shares during the period. Institutional investors own 83.91% of the company’s stock.
Everi Holdings Inc (NYSE EVRI) opened at $6.89 on Friday. Everi Holdings Inc has a 1-year low of $3.00 and a 1-year high of $8.99. The company has a current ratio of 0.98, a quick ratio of 0.91 and a debt-to-equity ratio of -9.13.
Everi (NYSE:EVRI) last released its quarterly earnings results on Monday, October 30th. The credit services provider reported ($0.06) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.12) by $0.06. The company had revenue of $247.32 million during the quarter, compared to analyst estimates of $228.37 million. The firm’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter last year, the company earned ($0.12) EPS. equities research analysts expect that Everi Holdings Inc will post -0.5 EPS for the current fiscal year.
EVRI has been the subject of a number of analyst reports. BidaskClub cut shares of Everi from a “buy” rating to a “hold” rating in a report on Wednesday, October 18th. Stifel Nicolaus restated a “buy” rating and set a $11.00 price objective 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 stock. The stock presently has an average rating of “Buy” and a consensus price target of $7.33.
In other news, Director E Miles Kilburn sold 150,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 24th. The shares were sold at an average price of $8.00, for a total value of $1,200,000.00. Following the completion of the transaction, the director now owns 182,186 shares in the company, valued at $1,457,488. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Eileen F. Raney purchased 9,000 shares of Everi stock in a transaction dated Wednesday, November 15th. The stock was bought at an average price of $8.65 per share, with a total value of $77,850.00. Following the acquisition, the director now directly owns 59,000 shares of the company’s stock, valued at $510,350. The disclosure for this purchase can be found here. Insiders sold 436,878 shares of company stock valued at $3,572,343 in the last quarter. Corporate insiders own 4.50% of the company’s stock.
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.
Want to see what other hedge funds are holding EVRI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Everi Holdings Inc (NYSE:EVRI).
Receive News & Ratings for Everi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Everi and related companies with MarketBeat.com's FREE daily email newsletter.