SEC Form SC 13G/A filed by Evertec Inc. (Amendment)

$EVTC
EDP Services
Technology
Get the next $EVTC alert in real time by email
SC 13G/A 1 evertecinc13g-a2.htm SC 13G/A Document

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2) *

EVERTEC, INC.
(Name of Issuer)


COMMON STOCK
(Title of Class of Securities)

30040P103
(CUSIP Number)

DECEMBER 31, 2023
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
X    Rule 13d-1(b)
    Rule 13d-1(c)
    Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




Page 1 of 9 Pages



image_4.jpgCUSIP No. 30040P103
1.Names of Reporting Persons
American Century Capital Portfolios, Inc.
image_4.jpg
2.Check the Appropriate Box if a Member of a Group (See Instructions)
a)
b)
image_4.jpg
3.SEC Use Only

image_4.jpg
4.Citizenship or Place of Organization
Maryland
 
5.

Sole Voting Power

3,284,225
Number of Shares
Beneficially

6.
 
Shared Voting Power

 N/A
Owned by  
Each
Reporting
Person With:

7.
 
Sole Dispositive Power

3,284,225
 
8.
 
Shared Dispositive Power

N/A

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

3,284,225

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)

11.

Percent of Class Represented by Amount in Row (9)

4.99%

12.

Type of Reporting Person (See Instructions)

IV



Page 2 of 9 Pages



image_4.jpgCUSIP No. 30040P103
1.Names of Reporting Persons
American Century Investment Management, Inc.
image_4.jpg
2.Check the Appropriate Box if a Member of a Group (See Instructions)
a)
b)
image_4.jpg
3.SEC Use Only

image_4.jpg
4.Citizenship or Place of Organization
Delaware
 
5.

Sole Voting Power

4,392,405
Number of Shares
Beneficially

6.
 
Shared Voting Power

 N/A
Owned by  
Each
Reporting
Person With:

7.
 
Sole Dispositive Power

4,564,122
 
8.
 
Shared Dispositive Power

N/A

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

4,564,122

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
 
       11.

Percent of Class Represented by Amount in Row (9)

6.94%

12.

Type of Reporting Person (See Instructions)

IA



Page 3 of 9 Pages



image_4.jpgCUSIP No. 30040P103
1.Names of Reporting Persons
American Century Companies, Inc.
image_4.jpg
2.Check the Appropriate Box if a Member of a Group (See Instructions)
a)
b)
image_4.jpg
3.SEC Use Only

image_4.jpg
4.Citizenship or Place of Organization
Delaware
 
5.

Sole Voting Power

4,392,405
Number of Shares
Beneficially

6.
 
Shared Voting Power

 N/A
Owned by  
Each
Reporting
Person With:

7.
 
Sole Dispositive Power

4,564,122
 
8.
 
Shared Dispositive Power

N/A

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

4,564,122

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)

11.

Percent of Class Represented by Amount in Row (9)

6.94%

12.

Type of Reporting Person (See Instructions)

HC



Page 4 of 9 Pages



image_4.jpgCUSIP No. 30040P103
1.Names of Reporting Persons
Stowers Institute for Medical Research
image_4.jpg
2.Check the Appropriate Box if a Member of a Group (See Instructions)
a)
b)
image_4.jpg
3.SEC Use Only

image_4.jpg
4.Citizenship or Place of Organization
Delaware
 
5.

Sole Voting Power
4,392,405
Number of Shares
Beneficially

6.
 
Shared Voting Power

 N/A
Owned by  
Each
Reporting
Person With:

7.
 
Sole Dispositive Power

4,564,122
 
8.
 
Shared Dispositive Power

N/A

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

4,564,122

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)

11.

Percent of Class Represented by Amount in Row (9)

6.94%

12.

Type of Reporting Person (See Instructions)

HC



Page 5 of 9 Pages



Item 1.
a)Name of Issuer

EVERTEC, Inc.

b)Address of Issuer’s Principal Executive Offices

Cupey Center Building, Road 176, Kilometer 1.3
Rio Piedras, Puerto Rico 00926
Item 2.
a)Name of Person Filing:
1)American Century Capital Portfolios, Inc.
2)American Century Investment Management, Inc.
3)American Century Companies, Inc.
4)Stowers Institute for Medical Research

a)Address of Principal Business Office or, if none, Residence.
4500 Main Street
9th Floor
Kansas City, Missouri 64111

c)Citizenship.
1)Maryland
2)Delaware
3)Delaware
4)Delaware

d)Title of Class of Securities
Reference is made to the cover page of this filing.

e)CUSIP Number.
Reference is made to the cover page of this filing.


Page 6 of 9 Pages



Item 3.    If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
1)American Century Capital Portfolios, Inc. is an investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
2)American Century Investment Management, Inc. is an investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).
3)American Century Companies, Inc. is a parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).
4)Stowers Institute for Medical Research is a parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).
Item 4.     Ownership.
     Reference is made to Items 5-9 and 11 on the cover page of this filing.
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: [ ]
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Various persons, including the investment companies and separate institutional investor accounts that American Century Investment Management, Inc. (“ACIM”) serves as investment adviser, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities that are the subject of this schedule.  Except as may be otherwise indicated if this is a joint filing, not more than 5% of the class of securities that is the subject of this schedule is owned by any one client advised by ACIM.
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.
See attached Exhibit A.
Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group
Not applicable






Page 7 of 9 Pages



Item 10. Certification
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated this 9th day of February, 2024.

AMERICAN CENTURY CAPITAL PORTFOLIOS, INC. (“ACCP”)

AMERICAN CENTURY INVESTMENT MANAGEMENT, INC. (“ACIM”)

AMERICAN CENTURY COMPANIES, INC. (“ACC”)

By:     __/s/ John Pak__________________________
    John Pak
    Senior Vice President, ACCP, ACIM and ACC
    

STOWERS INSTITUTE FOR MEDICAL RESEARCH, solely in its capacity as control entity of ACC

By:    __/s/ Richard W. Brown____________________
    Richard W. Brown
    Chairman

SCHEDULE 13G – To be included in statements filed pursuant to Rule 13d-1(b) or 13d-2(b).

EXHIBIT A
This Exhibit has been prepared to identify each subsidiary of American Century Companies, Inc. (“ACC”), which is controlled by the Stowers Institute for Medical Research, that is a beneficial owner of securities that are the subject of this schedule (the “Subject Securities”).  American Century Investment Management, Inc. (“ACIM”) is a wholly-owned subsidiary of ACC and an investment adviser registered under §203 of the Investment Advisers Act of 1940.
SCHEDULE 13G – To be included in statements filed pursuant to Rule 13d-1(b) or 13d-2(b) and Rule 13d-1(f) (1) Agreement.


Page 8 of 9 Pages




EXHIBIT B
Each of the undersigned hereby agrees and consents to the execution and joint filing on its behalf by American Century Investment Management, Inc. of this Schedule 13G respecting the beneficial ownership of the securities which are the subject of this schedule.

Dated this 9th day of February, 2024.

AMERICAN CENTURY CAPITAL PORTFOLIOS, INC. (“ACCP”)

AMERICAN CENTURY INVESTMENT MANAGEMENT, INC. (“ACIM”)

AMERICAN CENTURY COMPANIES, INC. (“ACC”)

By:     __/s/ John Pak__________________________
    John Pak
    Senior Vice President, ACCP, ACIM and ACC
    

STOWERS INSTITUTE FOR MEDICAL RESEARCH, solely in its capacity as control entity of ACC

By:    __/s/ Richard W. Brown____________________
    Richard W. Brown
    Chairman











Page 9 of 9 Pages

Get the next $EVTC alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$EVTC

DatePrice TargetRatingAnalyst
2/27/2025$28.00 → $30.00Negative → Neutral
Susquehanna
11/21/2024$33.00 → $35.00Underweight → Equal-Weight
Morgan Stanley
9/5/2024$38.00 → $28.00Neutral → Negative
Susquehanna
2/25/2022$51.00 → $47.00Outperform
Raymond James
1/24/2022$52.00 → $49.00Positive → Neutral
Susquehanna
8/4/2021$35.00 → $36.00Underweight
Morgan Stanley
8/4/2021$50.00 → $51.00Outperform
Raymond James
More analyst ratings

$EVTC
Press Releases

Fastest customizable press release news feed in the world

See more
  • EVERTEC Reports Fourth Quarter and Full Year 2024 Results

    Announces 2025 outlook Announces acquisition of Nubity EVERTEC, Inc. (NYSE:EVTC) ("Evertec" or the "Company") today announced results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Highlights and Recent Highlights Revenue increased 11% to $216.4 million, approximately 14.5% on a constant currency basis GAAP Net Income attributable to common shareholders increased 249.0% to $40.1 million, and increased 264.7% to $0.62 per diluted share Adjusted EBITDA increased 24% to $88.6 million and Adjusted earnings per common share increased 40.3% to $0.87 Closed on acquisition of 100% of Nubity, Inc. ("Nubity") on November 19th Full Year 2024 High

    $EVTC
    EDP Services
    Technology
  • EVERTEC Declares Quarterly Dividend on Common Stock

    EVERTEC, Inc. (NYSE:EVTC) ("EVERTEC" or the "Company") today announced that its Board of Directors (the "Board") declared a regular quarterly dividend of $0.05 per share on February 20, 2025 to be paid on March 21, 2025 to stockholders of record as of March 3, 2025. EVERTEC's Board anticipates declaring this dividend in future quarters on a regular basis; however, future declarations are subject to the Board's approval and may be adjusted as business needs or market conditions change. About Evertec EVERTEC, Inc. (NYSE:EVTC) is a leading full-service transaction processor and financial technology provider in Latin America, Puerto Rico and the Caribbean, providing a broad range of merchant

    $EVTC
    EDP Services
    Technology
  • EVERTEC to Announce Fourth Quarter 2024 Financial Results on February 26, 2025

    EVERTEC, Inc. (NYSE:EVTC) ("Evertec" or the "Company") today announced that it will host a conference call and webcast on Wednesday, February 26, 2025 at 4:30 p.m. ET to review fourth quarter financial results. Participating on the call will be Mac Schuessler, President and Chief Executive Officer, and Joaquin Castrillo, Chief Financial Officer. A press release with fourth quarter 2024 financial results will be issued shortly after the market closes on Wednesday, February 26, 2025. The conference call can be accessed live over the phone by dialing (888) 338-7153 or for international callers by dialing (412) 317-5117. A replay will be available one hour after the end of the conference call

    $EVTC
    EDP Services
    Technology

$EVTC
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$EVTC
SEC Filings

See more

$EVTC
Leadership Updates

Live Leadership Updates

See more
  • EVERTEC Appoints Virginia Gambale to Board of Directors

    EVERTEC, Inc. (NYSE:EVTC) ("Evertec" or the "Company") announced today that the Company's Board of Directors (the "Board") appointed Ms. Virginia Gambale as an independent director of the Board, effective May 25, 2023. Ms. Gambale is the founder and Managing Partner of Azimuth Partners, a strategic advisory firm that develops growth, innovation and transformation strategies and planning for technology companies. Prior to founding Azimuth in 2003, she worked at Deutsche Bank, where she was a General Partner & Managing Director of ABS Ventures, responsible for the management of the Tech Venture group and head of Deutsche Bank Strategic Ventures. Before Deutsche Bank, Ms. Gambale was the Chi

    $EVTC
    EDP Services
    Technology
  • EVERTEC Announces Appointment of Executive Vice President of Corporate Development

    EVERTEC, Inc. (NYSE:EVTC) ("Evertec" or the "Company") today announced the appointment of Alberto López Gaffney as Executive Vice President of Corporate Development, effective on March 20th. Mr. Lopez Gaffney will lead the Company's global corporate development efforts. Mac Schuessler, President, and Chief Executive Officer stated, "I am excited to welcome Alberto to Evertec. He brings over 25 years of financial and deal experience and is very knowledgeable in Latin America, having led multiple M&A transactions, and has been an integral part in managing numerous successful integrations. Alberto's skills, expertise and experience will complement our executive team and advance our growth str

    $EVTC
    EDP Services
    Technology

$EVTC
Financials

Live finance-specific insights

See more
  • EVERTEC Reports Fourth Quarter and Full Year 2024 Results

    Announces 2025 outlook Announces acquisition of Nubity EVERTEC, Inc. (NYSE:EVTC) ("Evertec" or the "Company") today announced results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Highlights and Recent Highlights Revenue increased 11% to $216.4 million, approximately 14.5% on a constant currency basis GAAP Net Income attributable to common shareholders increased 249.0% to $40.1 million, and increased 264.7% to $0.62 per diluted share Adjusted EBITDA increased 24% to $88.6 million and Adjusted earnings per common share increased 40.3% to $0.87 Closed on acquisition of 100% of Nubity, Inc. ("Nubity") on November 19th Full Year 2024 High

    $EVTC
    EDP Services
    Technology
  • EVERTEC Declares Quarterly Dividend on Common Stock

    EVERTEC, Inc. (NYSE:EVTC) ("EVERTEC" or the "Company") today announced that its Board of Directors (the "Board") declared a regular quarterly dividend of $0.05 per share on February 20, 2025 to be paid on March 21, 2025 to stockholders of record as of March 3, 2025. EVERTEC's Board anticipates declaring this dividend in future quarters on a regular basis; however, future declarations are subject to the Board's approval and may be adjusted as business needs or market conditions change. About Evertec EVERTEC, Inc. (NYSE:EVTC) is a leading full-service transaction processor and financial technology provider in Latin America, Puerto Rico and the Caribbean, providing a broad range of merchant

    $EVTC
    EDP Services
    Technology
  • EVERTEC to Announce Fourth Quarter 2024 Financial Results on February 26, 2025

    EVERTEC, Inc. (NYSE:EVTC) ("Evertec" or the "Company") today announced that it will host a conference call and webcast on Wednesday, February 26, 2025 at 4:30 p.m. ET to review fourth quarter financial results. Participating on the call will be Mac Schuessler, President and Chief Executive Officer, and Joaquin Castrillo, Chief Financial Officer. A press release with fourth quarter 2024 financial results will be issued shortly after the market closes on Wednesday, February 26, 2025. The conference call can be accessed live over the phone by dialing (888) 338-7153 or for international callers by dialing (412) 317-5117. A replay will be available one hour after the end of the conference call

    $EVTC
    EDP Services
    Technology

$EVTC
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more