Skandinaviska Enskilda Banken AB publ Grows Stock Position in Everi Holdings Inc. (NYSE:EVRI)

Skandinaviska Enskilda Banken AB publ boosted its stake in shares of Everi Holdings Inc. (NYSE:EVRI) by 29.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 72,798 shares of the credit services provider’s stock after acquiring an additional 16,501 shares during the quarter. Skandinaviska Enskilda Banken AB publ owned 0.08% of Everi worth $981,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Arizona State Retirement System boosted its stake in shares of Everi by 3.2% during the fourth quarter. Arizona State Retirement System now owns 24,974 shares of the credit services provider’s stock valued at $337,000 after purchasing an additional 765 shares during the period. Stifel Financial Corp raised its holdings in Everi by 12.2% during the 3rd quarter. Stifel Financial Corp now owns 13,059 shares of the credit services provider’s stock valued at $172,000 after buying an additional 1,423 shares during the last quarter. Vestcor Inc bought a new stake in Everi in the 4th quarter worth $28,000. Franklin Resources Inc. increased its position in shares of Everi by 6.6% in the third quarter. Franklin Resources Inc. now owns 41,542 shares of the credit services provider’s stock valued at $550,000 after acquiring an additional 2,564 shares during the period. Finally, Nordea Investment Management AB raised its stake in shares of Everi by 1.2% during the fourth quarter. Nordea Investment Management AB now owns 295,960 shares of the credit services provider’s stock valued at $3,995,000 after acquiring an additional 3,573 shares during the last quarter. 95.47% of the stock is currently owned by institutional investors.

Everi Stock Down 0.0 %

Shares of NYSE EVRI opened at $13.58 on Tuesday. The firm has a fifty day simple moving average of $13.66 and a two-hundred day simple moving average of $13.44. Everi Holdings Inc. has a 12 month low of $6.37 and a 12 month high of $13.83. The company has a current ratio of 1.06, a quick ratio of 0.97 and a debt-to-equity ratio of 3.84. The firm has a market capitalization of $1.17 billion, a PE ratio of 90.51 and a beta of 2.05.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Everi in a research note on Tuesday. They issued a “hold” rating on the stock. Five research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $12.83.

Insider Buying and Selling

In related news, Director Geoffrey P. Judge sold 7,332 shares of the company’s stock in a transaction on Monday, March 10th. The stock was sold at an average price of $13.73, for a total value of $100,668.36. Following the sale, the director now directly owns 84,240 shares of the company’s stock, valued at $1,156,615.20. This represents a 8.01 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 6.40% of the stock is owned by insiders.

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.