Los Angeles Capital Management & Equity Research Inc. decreased its position in Cardtronics PLC (NASDAQ:CATM) by 11.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 42,404 shares of the business services provider’s stock after selling 5,341 shares during the period. Los Angeles Capital Management & Equity Research Inc.’s holdings in Cardtronics were worth $1,103,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Texas Permanent School Fund boosted its stake in shares of Cardtronics by 4.0% in the fourth quarter. Texas Permanent School Fund now owns 24,439 shares of the business services provider’s stock valued at $635,000 after buying an additional 949 shares during the period. Bank of New York Mellon Corp raised its position in Cardtronics by 25.9% during the fourth quarter. Bank of New York Mellon Corp now owns 2,715,224 shares of the business services provider’s stock valued at $70,597,000 after purchasing an additional 557,850 shares in the last quarter. BlackRock Inc. increased its holdings in shares of Cardtronics by 1.5% during the fourth quarter. BlackRock Inc. now owns 5,500,254 shares of the business services provider’s stock worth $143,009,000 after buying an additional 78,899 shares in the last quarter. New York State Common Retirement Fund increased its holdings in shares of Cardtronics by 28.4% during the fourth quarter. New York State Common Retirement Fund now owns 65,642 shares of the business services provider’s stock worth $1,707,000 after buying an additional 14,531 shares in the last quarter. Finally, 361 Capital LLC increased its holdings in shares of Cardtronics by 72.2% during the fourth quarter. 361 Capital LLC now owns 96,271 shares of the business services provider’s stock worth $2,503,000 after buying an additional 40,369 shares in the last quarter.
Several research analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Cardtronics from a “buy” rating to a “hold” rating in a report on Monday, February 4th. BidaskClub downgraded shares of Cardtronics from a “hold” rating to a “sell” rating in a report on Friday, February 22nd. ValuEngine upgraded shares of Cardtronics from a “hold” rating to a “buy” rating in a report on Thursday, January 10th. Barrington Research reiterated a “buy” rating and set a $40.00 price target on shares of Cardtronics in a report on Friday, February 22nd. Finally, Barclays assumed coverage on shares of Cardtronics in a report on Wednesday, November 14th. They set an “overweight” rating and a $41.00 price target for the company. Three research analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $34.25.
NASDAQ CATM opened at $29.35 on Monday. The firm has a market capitalization of $1.35 billion, a P/E ratio of 15.61, a P/E/G ratio of 1.37 and a beta of 1.29. Cardtronics PLC has a twelve month low of $20.78 and a twelve month high of $39.10. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.87 and a quick ratio of 0.83.
Cardtronics (NASDAQ:CATM) last posted its quarterly earnings data on Thursday, February 21st. The business services provider reported $0.47 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.37 by $0.10. The business had revenue of $327.90 million during the quarter, compared to the consensus estimate of $317.82 million. Cardtronics had a return on equity of 21.36% and a net margin of 0.27%. Cardtronics’s quarterly revenue was down 9.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.73 earnings per share. On average, sell-side analysts anticipate that Cardtronics PLC will post 1.68 EPS for the current fiscal year.
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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 bank balance inquiries; and financial related services to cardholders, as well as ATM management and ATM equipment-related services to large retail merchants, smaller retailers, and operators of facilities, such as shopping malls, airports, and train stations.
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