Voya Investment Management LLC grew its position in shares of Cardtronics PLC (NASDAQ:CATM) by 82.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 600,414 shares of the business services provider’s stock after purchasing an additional 270,881 shares during the quarter. Voya Investment Management LLC owned 1.35% of Cardtronics worth $18,156,000 as of its most recent filing with the SEC.
A number of other large investors have also modified their holdings of the stock. Arizona State Retirement System grew its holdings in shares of Cardtronics by 0.7% during the 2nd quarter. Arizona State Retirement System now owns 58,195 shares of the business services provider’s stock valued at $1,590,000 after acquiring an additional 390 shares in the last quarter. Aperio Group LLC lifted its stake in Cardtronics by 3.4% in the second quarter. Aperio Group LLC now owns 13,760 shares of the business services provider’s stock valued at $376,000 after acquiring an additional 458 shares during the last quarter. UBS Asset Management Americas Inc. grew its position in Cardtronics by 1.5% in the second quarter. UBS Asset Management Americas Inc. now owns 31,059 shares of the business services provider’s stock worth $849,000 after acquiring an additional 468 shares in the last quarter. US Bancorp DE grew its position in Cardtronics by 18.5% in the second quarter. US Bancorp DE now owns 3,137 shares of the business services provider’s stock worth $85,000 after acquiring an additional 490 shares in the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. boosted its holdings in Cardtronics by 1.9% in the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 38,494 shares of the business services provider’s stock worth $1,052,000 after purchasing an additional 710 shares in the last quarter.
In other Cardtronics news, CAO Paul A. Gullo sold 974 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $43.18, for a total transaction of $42,057.32. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 18.30% of the stock is currently owned by corporate insiders.
Several research firms recently commented on CATM. BidaskClub upgraded shares of Cardtronics from a “buy” rating to a “strong-buy” rating in a research note on Friday, November 8th. Zacks Investment Research raised Cardtronics from a “hold” rating to a “buy” rating and set a $40.00 price target on the stock in a research note on Monday, November 4th. DA Davidson raised their price objective on shares of Cardtronics from $46.00 to $49.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. Finally, Barrington Research reissued a “buy” rating and issued a $40.00 target price on shares of Cardtronics in a report on Thursday, October 31st. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $42.25.
Shares of CATM stock traded down $0.38 during trading hours on Tuesday, reaching $42.93. 166,340 shares of the company were exchanged, compared to its average volume of 427,720. The company has a debt-to-equity ratio of 2.37, a current ratio of 0.75 and a quick ratio of 0.73. The stock’s fifty day moving average is $41.08 and its two-hundred day moving average is $32.75. Cardtronics PLC has a fifty-two week low of $23.57 and a fifty-two week high of $43.69. The company has a market cap of $1.93 billion, a price-to-earnings ratio of 22.84, a P/E/G ratio of 5.16 and a beta of 1.40.
Cardtronics (NASDAQ:CATM) last announced its quarterly earnings data on Wednesday, October 30th. The business services provider reported $0.79 EPS for the quarter, beating the Zacks’ consensus estimate of $0.63 by $0.16. Cardtronics had a return on equity of 24.63% and a net margin of 2.21%. The firm had revenue of $351.51 million for the quarter, compared to analyst estimates of $349.57 million. During the same period last year, the company earned $0.62 EPS. The business’s quarterly revenue was up 3.3% compared to the same quarter last year. On average, research analysts anticipate that Cardtronics PLC will post 2.07 earnings per share for the current year.
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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