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Eagle Asset Management Inc. sells 3,026 EVERTEC, Inc. shares (NYSE:EVTC)

Eagle Asset Management Inc. sells 3,026 EVERTEC, Inc. shares (NYSE:EVTC)

The most recent 13F filing that Eagle Asset Management INC submitted to the Securities and Exchange Commission revealed that during the third quarter of 2018, the investment management firm reduced its position in EVERTEC, INC (NYSE: EVTC) by 1.2%. Following the sale of 3,026 shares during the period under review, the total number of shares held by the company in the stock of the business services provider has increased to 239,618.

Eagle Asset Management INC owned approximately 0.36% of EVERTEC as of the most recent quarter, with a value of $7,512,000.

Several other hedge funds have recently implemented various changes to the proportion of the company’s shares that they own.

During the third quarter, approximately $27,000 was invested in increasing the holdings of Evertec that Wipfli Financial Advisors LLC holds.

During the third quarter, CWM LLC increased its holdings in EVERTEC by 269.9 percent. CWM LLC now has 910 shares of the business services provider’s stock, worth a combined total of $29,000 after purchasing an additional 664 shares during the most recent quarter. CWM LLC’s total investment in the stock thus far is $29,000.

At the end of the second quarter, Nisa Investment Advisors LLC had a total holding percentage in EVERTEC that was up by 31.0 percent from the beginning. Nisa Investment Advisors LLC now has a total of 2,450 stock held by the business services provider after the acquisition of an additional 580 shares during the period in question.

The market price for these shares at the moment is $90,000.

In the first three months of the year, Penserra Capital Management LLC increased its holdings in EVERTEC by investing approximately $154,000 more than it did in the previous quarter.

This brings us to our final point: Whittier Trust Company of Nevada INC purchased an additional share of EVERTEC stock during the third quarter for approximately $138,000, bringing us to the end of our discussion.

The vast majority of the company’s stock, which accounts for 97.74 percent of the total, is owned by institutional investors.
There have been several different brokerages that have issued statements regarding EVTC. debuted its coverage of EVERTEC with the publication of a research study on that company the following day.


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