Everi Holdings Inc. (NYSE:EVRI) Shares Acquired by KRYGER CAPITAL Ltd

KRYGER CAPITAL Ltd lifted its holdings in shares of Everi Holdings Inc. (NYSE:EVRI) by 0.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,183,171 shares of the credit services provider’s stock after acquiring an additional 7,479 shares during the period. Everi accounts for approximately 4.1% of KRYGER CAPITAL Ltd’s investment portfolio, making the stock its 6th biggest holding. KRYGER CAPITAL Ltd owned approximately 1.37% of Everi worth $15,985,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in EVRI. Highbridge Capital Management LLC increased its position in shares of Everi by 147.8% during the fourth quarter. Highbridge Capital Management LLC now owns 1,392,408 shares of the credit services provider’s stock worth $18,811,000 after purchasing an additional 830,470 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Everi during the fourth quarter worth approximately $4,361,000. Grantham Mayo Van Otterloo & Co. LLC boosted its holdings in shares of Everi by 12.9% in the fourth quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 1,240,177 shares of the credit services provider’s stock valued at $16,755,000 after acquiring an additional 141,627 shares during the period. Athos Capital Ltd purchased a new position in shares of Everi during the fourth quarter worth approximately $1,351,000. Finally, Alliancebernstein L.P. increased its holdings in shares of Everi by 8.6% in the 4th quarter. Alliancebernstein L.P. now owns 1,052,787 shares of the credit services provider’s stock valued at $14,223,000 after acquiring an additional 82,964 shares during the period. Institutional investors and hedge funds own 95.47% of the company’s stock.

Insiders Place Their Bets

In other Everi news, Director Geoffrey P. Judge sold 7,332 shares of the business’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $13.73, for a total transaction of $100,668.36. Following the transaction, the director now owns 84,240 shares in the company, valued at approximately $1,156,615.20. The trade was a 8.01 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 6.40% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Everi from a “hold” rating to a “buy” rating in a research report on Thursday, April 3rd. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $12.83.

Everi Price Performance

Everi stock opened at $13.51 on Friday. The company has a debt-to-equity ratio of 3.84, a current ratio of 1.06 and a quick ratio of 0.97. The business has a 50 day simple moving average of $13.65 and a 200-day simple moving average of $13.50. Everi Holdings Inc. has a 12 month low of $6.37 and a 12 month high of $13.83. The stock has a market capitalization of $1.17 billion, a PE ratio of 90.04 and a beta of 1.57.

Everi Profile

Everi Holdings Inc develops and supplies entertaining game content, gaming machines, and gaming systems and services for land-based and iGaming operators in the United States, Canada, and internationally. It operates in Games and Financial Technology Solutions segments. The company offers classic mechanical reel games and video reel games, as well as TournEvent of Champions, a national slot tournament; and sells gaming equipment and player terminals, licenses, game content, and ancillary equipment, such as signage and lighting packages.