California State Teachers Retirement System cut its stake in Cardtronics PLC (NASDAQ:CATM) by 1.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 58,197 shares of the business services provider’s stock after selling 599 shares during the quarter. California State Teachers Retirement System owned 0.13% of Cardtronics worth $1,760,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds also recently bought and sold shares of CATM. Los Angeles Capital Management & Equity Research Inc. lifted its holdings in Cardtronics by 1.9% during the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 38,494 shares of the business services provider’s stock valued at $1,052,000 after purchasing an additional 710 shares during the last quarter. Aperio Group LLC raised its position in shares of Cardtronics by 3.4% in the second quarter. Aperio Group LLC now owns 13,760 shares of the business services provider’s stock worth $376,000 after buying an additional 458 shares in the last quarter. Chicago Equity Partners LLC purchased a new position in Cardtronics during the second quarter worth about $2,454,000. AMI Asset Management Corp grew its position in Cardtronics by 21.7% during the second quarter. AMI Asset Management Corp now owns 369,681 shares of the business services provider’s stock worth $10,100,000 after buying an additional 65,954 shares in the last quarter. Finally, GSA Capital Partners LLP increased its stake in Cardtronics by 393.6% in the 2nd quarter. GSA Capital Partners LLP now owns 33,639 shares of the business services provider’s stock worth $919,000 after acquiring an additional 26,824 shares during the last quarter.
Shares of CATM stock opened at $43.31 on Tuesday. The company has a market capitalization of $1.91 billion, a P/E ratio of 23.04, a PEG ratio of 5.16 and a beta of 1.40. Cardtronics PLC has a fifty-two week low of $23.57 and a fifty-two week high of $43.69. The company has a debt-to-equity ratio of 2.37, a quick ratio of 0.73 and a current ratio of 0.75. The stock has a 50 day moving average price of $41.08 and a two-hundred day moving average price of $32.75.
Cardtronics (NASDAQ:CATM) last released its quarterly earnings data on Wednesday, October 30th. The business services provider reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.16. The business had revenue of $351.51 million during the quarter, compared to analysts’ expectations of $349.57 million. Cardtronics had a return on equity of 24.63% and a net margin of 2.21%. The business’s revenue was up 3.3% on a year-over-year basis. During the same quarter last year, the business posted $0.62 EPS. As a group, equities analysts predict that Cardtronics PLC will post 2.07 earnings per share for the current year.
In other Cardtronics news, CAO Paul A. Gullo sold 974 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $43.18, for a total transaction of $42,057.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 18.30% of the company’s stock.
Several equities research analysts have issued reports on the stock. DA Davidson lifted their target price on shares of Cardtronics from $46.00 to $49.00 and gave the company a “buy” rating in a research report on Thursday, December 19th. BidaskClub raised shares of Cardtronics from a “buy” rating to a “strong-buy” rating in a report on Friday, November 8th. Barrington Research reaffirmed a “buy” rating and set a $40.00 price target on shares of Cardtronics in a research note on Thursday, October 31st. Finally, Zacks Investment Research upgraded Cardtronics from a “hold” rating to a “buy” rating and set a $40.00 price objective on the stock in a research report on Monday, November 4th. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $42.25.
Cardtronics Company Profile
Cardtronics plc provides automated consumer financial services through its network of automated teller machines (ATMs) and multi-function financial services kiosks. The company offers cash dispensing and balance inquiries; and financial related services to cardholders, as well as ATM management and ATM equipment-related services to large retail merchants, smaller retailers, financial institutions, and operators of facilities, such as shopping malls, airports, and train stations.
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