<div id="readability-page-1"><p>Globeflex Capital L P lifted its stake in  Evertec, Inc. (NYSE:EVTC - Free Report) by 9,133.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 289,207 shares of the business services provider's stock after buying an additional 286,075 shares during the period. Evertec makes up   0.9% of Globeflex Capital L P's investment portfolio, making the stock its 27th largest holding. Globeflex Capital L P owned about 0.45% of Evertec worth $10,426,000 as of its most recent filing with the Securities and Exchange Commission (SEC).</p><p>Other institutional investors and hedge funds have also recently bought and sold shares of the company. Boston Partners acquired a new position in  Evertec in the second quarter valued at $12,995,000.  Nuveen LLC purchased a new stake in shares of  Evertec in the 1st quarter valued at about $7,196,000.  Qube Research &amp; Technologies Ltd boosted its position in shares of  Evertec by 422.5% in the 2nd quarter. Qube Research &amp; Technologies Ltd now owns 208,037 shares of the business services provider's stock valued at $7,500,000 after purchasing an additional 168,225 shares during the period.  Gabelli Funds LLC purchased a new position in  Evertec during the 2nd quarter worth approximately $4,386,000.  Finally, Cubist Systematic Strategies LLC acquired a new position in  Evertec during the first quarter worth approximately $3,654,000. 96.80% of the stock is owned by hedge funds and other institutional investors. </p><h2>Analyst Upgrades and Downgrades</h2><p>A number of brokerages have recently issued reports on EVTC. Morgan Stanley lowered their target price on shares of Evertec from $34.00 to $29.00 and set an &#34;equal weight&#34; rating on the stock in a research report on Wednesday, November 12th. Zacks Research cut shares of Evertec from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research note on Monday, September 29th. Keefe, Bruyette &amp; Woods lowered their price objective on shares of Evertec from $44.00 to $40.00 and set an &#34;outperform&#34; rating on the stock in a research report on Monday, November 10th. Weiss Ratings  restated a &#34;hold (c-)&#34; rating on shares of Evertec in a research note on Monday. Finally, Susquehanna reduced their target price on shares of Evertec from $37.00 to $32.00 and set a &#34;neutral&#34; rating for the company in a report on Friday, November 7th. Three analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of &#34;Hold&#34; and a consensus price target of $35.80.</p><p><b>Read Our Latest Stock Report on EVTC</b></p><h2>Evertec Stock Up 3.6%</h2><p>Evertec stock opened at $29.71 on Friday. The stock's 50 day moving average price is $29.63 and its 200 day moving average price is $33.32. Evertec, Inc. has a 1-year low of $26.72 and a 1-year high of $38.56. The company has a market cap of $1.90 billion, a PE ratio of 13.20, a price-to-earnings-growth ratio of 1.13 and a beta of 0.89. The company has a debt-to-equity ratio of 1.59, a current ratio of 2.91 and a quick ratio of 2.91. </p><h2>Evertec Dividend Announcement</h2><p>The business also recently disclosed a quarterly dividend, which was paid on Friday, December 5th. Investors of record on Monday, November 3rd were given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Monday, November 3rd. Evertec's payout ratio is currently 8.89%. </p><h2>About Evertec</h2> (Free Report)<p>EVERTEC, Inc engages in transaction processing business and financial technology in Latin America and the Caribbean. The company operates through four segments: Payment Services - Puerto Rico &amp; Caribbean; Latin America Payments and Solutions; Merchant Acquiring; and Business Solutions. It provides merchant acquiring services, which enable point of sales and e-commerce merchants to accept and process electronic methods of payment, such as debit, credit, prepaid, and electronic benefit transfer (EBT) cards.</p><h2>Read More</h2><ul><li>Five stocks we like better than Evertec</li><li>What is the Dogs of the Dow Strategy? Overview and Examples</li><li>3 Recently Downgraded Stocks to Avoid in 2026</li><li>What Makes a Stock a Good Dividend Stock?</li><li>The Chip Boom Is Back: 3 Stocks Positioned for Huge Gains</li><li>How to find penny stocks to invest and trade </li><li>Oracle Stock Hit Hard: Why Its AI Pipeline Could Drive a 2026 Rally</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUVWVEM?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUVWVEM"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Evertec Right Now?</h2><p>Before you consider Evertec, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Evertec wasn't on the list.</p><p>While Evertec currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

EVTC

<p>Globeflex Capital L P increased its stake in Evertec, Inc. by 9,133.9% in Q2, owning 289,207 shares worth $10,426,000. Evertec is now 0.9% of Globeflex's portfolio. Other institutional investors also acquired shares. Analysts have mixed ratings on Evertec, with a consensus rating of 'Hold' and a price target of $35.80. Evertec's stock rose 3.6%, opening at $29.71 on Friday. The company recently paid a quarterly dividend of $0.05 per share.</p>

Evertec, Inc. $EVTC Shares Purchased by Globeflex Capital L P