Grantham Mayo Van Otterloo & Co. LLC Has $16.76 Million Stock Position in Everi Holdings Inc. (NYSE:EVRI)

Grantham Mayo Van Otterloo & Co. LLC raised its position in Everi Holdings Inc. (NYSE:EVRI) by 12.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 1,240,177 shares of the credit services provider’s stock after buying an additional 141,627 shares during the period. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Everi were worth $16,755,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in EVRI. Walleye Capital LLC bought a new position in Everi in the third quarter valued at approximately $255,000. Verition Fund Management LLC boosted its position in shares of Everi by 623.5% during the third quarter. Verition Fund Management LLC now owns 134,193 shares of the credit services provider’s stock worth $1,763,000 after buying an additional 115,644 shares during the period. Stifel Financial Corp grew its stake in shares of Everi by 12.2% during the 3rd quarter. Stifel Financial Corp now owns 13,059 shares of the credit services provider’s stock worth $172,000 after acquiring an additional 1,423 shares in the last quarter. Jane Street Group LLC grew its position in Everi by 86.7% in the third quarter. Jane Street Group LLC now owns 162,951 shares of the credit services provider’s stock valued at $2,141,000 after purchasing an additional 75,655 shares in the last quarter. Finally, MML Investors Services LLC bought a new position in shares of Everi in the 3rd quarter valued at about $223,000. Institutional investors own 95.47% of the company’s stock.

Everi Trading Down 1.2 %

EVRI stock opened at $13.49 on Friday. The stock has a market cap of $1.17 billion, a price-to-earnings ratio of 89.91 and a beta of 1.57. The company has a fifty day moving average price of $13.68 and a two-hundred day moving average price of $13.49. Everi Holdings Inc. has a one year low of $6.37 and a one year high of $13.83. The company has a debt-to-equity ratio of 3.84, a current ratio of 1.06 and a quick ratio of 0.97.

Analyst Ratings Changes

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

Insider Buying and Selling

In related news, Director Geoffrey P. Judge sold 7,332 shares of Everi 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 completion of the sale, the director now directly owns 84,240 shares of the company’s stock, valued at approximately $1,156,615.20. This trade represents 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 currently 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.