Select Equity Group LP Has Cut Lululemon Athletica (LULU) Holding; Euronet Worldwide (EEFT) Shorts Up By 10.16%

April 17, 2018 - By Michael Collier

Euronet Worldwide, Inc. (NASDAQ:EEFT) Logo

Euronet Worldwide Inc (NASDAQ:EEFT) had an increase of 10.16% in short interest. EEFT’s SI was 4.42M shares in April as released by FINRA. Its up 10.16% from 4.01 million shares previously. With 711,300 avg volume, 6 days are for Euronet Worldwide Inc (NASDAQ:EEFT)’s short sellers to cover EEFT’s short positions. The SI to Euronet Worldwide Inc’s float is 8.77%. The stock increased 1.64% or $1.24 during the last trading session, reaching $76.82. About 240,919 shares traded. Euronet Worldwide, Inc. (NASDAQ:EEFT) has risen 0.06% since April 17, 2017 and is uptrending. It has underperformed by 11.49% the S&P500.

Select Equity Group Lp decreased Lululemon Athletica Inc (LULU) stake by 11.76% reported in 2017Q4 SEC filing. Select Equity Group Lp sold 61,017 shares as Lululemon Athletica Inc (LULU)’s stock rose 0.29%. The Select Equity Group Lp holds 457,839 shares with $35.98B value, down from 518,856 last quarter. Lululemon Athletica Inc now has $12.81B valuation. The stock increased 0.85% or $0.8 during the last trading session, reaching $94.56. About 1.44M shares traded. Lululemon Athletica Inc. (NASDAQ:LULU) has risen 22.77% since April 17, 2017 and is uptrending. It has outperformed by 11.22% the S&P500.

Since October 20, 2017, it had 0 buys, and 8 insider sales for $17.01 million activity. Brown Michael J sold $1.82 million worth of stock or 20,000 shares. The insider WELLER RICK sold 12,400 shares worth $1.14 million. Fountas Nikos sold $27,232 worth of Euronet Worldwide, Inc. (NASDAQ:EEFT) on Tuesday, December 12.

Among 10 analysts covering Euronet Worldwide (NASDAQ:EEFT), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Euronet Worldwide had 23 analyst reports since July 21, 2015 according to SRatingsIntel. The company was upgraded on Wednesday, December 23 by Monness Crespi & Hardt. The stock of Euronet Worldwide, Inc. (NASDAQ:EEFT) earned “Buy” rating by Northland Capital on Thursday, October 19. The stock has “Buy” rating by Piper Jaffray on Wednesday, February 7. The firm has “Buy” rating given on Tuesday, April 3 by Piper Jaffray. The rating was maintained by Piper Jaffray with “Buy” on Friday, September 8. The company was reinitiated on Wednesday, November 25 by Piper Jaffray. On Friday, July 31 the stock rating was downgraded by Monness Crespi & Hardt to “Neutral”. The firm earned “Buy” rating on Wednesday, September 2 by Piper Jaffray. Northland Capital maintained the stock with “Buy” rating in Wednesday, September 13 report. As per Friday, October 6, the company rating was maintained by SunTrust.

Euronet Worldwide, Inc. provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual clients worldwide. The company has market cap of $3.95 billion. The firm operates in three divisions: Electronic Financial Transaction Processing, epay, and Money Transfer. It has a 26.95 P/E ratio. The EFT Processing segment provides electronic payment solutions, including automated teller machine (ATM) cash withdrawal and deposit services, ATM network participation, outsourced ATM and point-of-sale (POS) management solutions, credit and debit card outsourcing, card issuing, and merchant acquiring services.

Investors sentiment increased to 1.32 in 2017 Q4. Its up 0.02, from 1.3 in 2017Q3. It is positive, as 26 investors sold Euronet Worldwide, Inc. 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. Oppenheimer Asset Mgmt Incorporated reported 0.03% stake. Pacad Investment holds 6,200 shares. State Of Alaska Department Of Revenue owns 3,700 shares. Utah Retirement accumulated 9,300 shares. Geode Cap Mgmt Limited Liability Co accumulated 441,032 shares. Farmers And Merchants Invests reported 0% in Euronet Worldwide, Inc. (NASDAQ:EEFT). The New Jersey-based Prudential Fincl has invested 0% in Euronet Worldwide, Inc. (NASDAQ:EEFT). Stevens Mgmt L P reported 29,961 shares stake. Granahan Invest Mgmt Ma accumulated 64,157 shares. Bnp Paribas Arbitrage has invested 0% of its portfolio in Euronet Worldwide, Inc. (NASDAQ:EEFT). First Interstate Bancorporation holds 0.01% of its portfolio in Euronet Worldwide, Inc. (NASDAQ:EEFT) for 770 shares. Millennium Mngmt Ltd Liability Company, a New York-based fund reported 652,525 shares. Daiwa Securities Grp Inc has 0.01% invested in Euronet Worldwide, Inc. (NASDAQ:EEFT). Piermont Cap Mngmt Inc reported 5,970 shares. Aurora Inv Counsel invested in 0.86% or 20,629 shares.

Analysts await Lululemon Athletica Inc. (NASDAQ:LULU) to report earnings on June, 7. They expect $0.45 earnings per share, up 40.63% or $0.13 from last year’s $0.32 per share. LULU’s profit will be $60.94 million for 52.53 P/E if the $0.45 EPS becomes a reality. After $1.33 actual earnings per share reported by Lululemon Athletica Inc. for the previous quarter, Wall Street now forecasts -66.17% negative EPS growth.

Since February 12, 2018, it had 0 insider purchases, and 1 sale for $211.00 million activity. 2.75M shares were sold by Wilson Dennis J., worth $211.00 million on Monday, February 12.

Investors sentiment decreased to 1.08 in Q4 2017. Its down 0.12, from 1.2 in 2017Q3. It worsened, as 34 investors sold LULU shares while 100 reduced holdings. 65 funds opened positions while 80 raised stakes. 101.36 million shares or 3.64% less from 105.19 million shares in 2017Q3 were reported. 34,246 were reported by Bancorporation Of Montreal Can. Dimensional Fund Lp, Texas-based fund reported 404,584 shares. Asset, Michigan-based fund reported 11,853 shares. New York-based Fred Alger Mngmt Incorporated has invested 0.04% in Lululemon Athletica Inc. (NASDAQ:LULU). First Republic Investment reported 3,115 shares stake. Paloma Ptnrs Mngmt Co has invested 0.03% in Lululemon Athletica Inc. (NASDAQ:LULU). 4,640 are held by Everett Harris & Ca. Cambridge Invest Rech accumulated 4,726 shares. Mufg Americas Holding has invested 0.01% in Lululemon Athletica Inc. (NASDAQ:LULU). California-based Perigon Wealth Mngmt Ltd Liability Company has invested 0.01% in Lululemon Athletica Inc. (NASDAQ:LULU). 3,414 are owned by Da Davidson And. Element Capital Ltd Liability has invested 0.73% of its portfolio in Lululemon Athletica Inc. (NASDAQ:LULU). Crystal Rock Cap holds 2.58% or 50,875 shares. Ahl Prns Ltd Liability Partnership has invested 0.01% in Lululemon Athletica Inc. (NASDAQ:LULU). Amer Intll Grp Inc reported 2,294 shares.

Lululemon Athletica Inc. (NASDAQ:LULU) Institutional Positions Chart

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