Public Sector Pension Investment Board Sells 12,200 Shares of Cardtronics PLC (NASDAQ:CATM)

Share on StockTwits

Public Sector Pension Investment Board trimmed its stake in Cardtronics PLC (NASDAQ:CATM) by 13.1% in the fourth quarter, Holdings Channel reports. The firm owned 80,941 shares of the business services provider’s stock after selling 12,200 shares during the quarter. Public Sector Pension Investment Board’s holdings in Cardtronics were worth $3,614,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Voya Investment Management LLC grew its position in Cardtronics by 82.2% during the 3rd quarter. Voya Investment Management LLC now owns 600,414 shares of the business services provider’s stock worth $18,156,000 after acquiring an additional 270,881 shares during the last quarter. Renaissance Technologies LLC raised its stake in Cardtronics by 22.1% during the 4th quarter. Renaissance Technologies LLC now owns 1,293,020 shares of the business services provider’s stock worth $57,733,000 after buying an additional 233,820 shares during the period. California Public Employees Retirement System raised its stake in Cardtronics by 169.3% during the 4th quarter. California Public Employees Retirement System now owns 191,959 shares of the business services provider’s stock worth $8,571,000 after buying an additional 120,667 shares during the period. Citigroup Inc. raised its stake in Cardtronics by 208.3% during the 4th quarter. Citigroup Inc. now owns 100,938 shares of the business services provider’s stock worth $4,507,000 after buying an additional 68,199 shares during the period. Finally, Prudential Financial Inc. raised its stake in Cardtronics by 23.8% during the 4th quarter. Prudential Financial Inc. now owns 164,934 shares of the business services provider’s stock worth $7,365,000 after buying an additional 31,682 shares during the period.

CATM has been the topic of a number of research reports. Zacks Investment Research raised Cardtronics from a “hold” rating to a “strong-buy” rating and set a $44.00 price target on the stock in a research note on Wednesday, February 26th. ValuEngine raised Cardtronics from a “sell” rating to a “hold” rating in a research note on Tuesday, March 17th. BidaskClub downgraded Cardtronics from a “hold” rating to a “sell” rating in a research note on Thursday. Barclays dropped their price target on Cardtronics from $50.00 to $48.00 and set an “overweight” rating on the stock in a research note on Monday, February 24th. Finally, DA Davidson upped their price target on Cardtronics from $46.00 to $49.00 and gave the stock a “buy” rating in a research note on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $44.20.

Shares of Cardtronics stock traded up $2.19 on Thursday, hitting $23.20. The company had a trading volume of 35,626 shares, compared to its average volume of 881,924. The stock has a market capitalization of $897.83 million, a price-to-earnings ratio of 22.08 and a beta of 1.45. Cardtronics PLC has a 1 year low of $18.98 and a 1 year high of $47.41. The stock has a 50 day moving average of $35.05 and a 200-day moving average of $37.65. The company has a debt-to-equity ratio of 2.13, a quick ratio of 0.69 and a current ratio of 0.71.

Cardtronics (NASDAQ:CATM) last issued its quarterly earnings data on Thursday, February 20th. The business services provider reported $0.60 EPS for the quarter, topping the consensus estimate of $0.50 by $0.10. The firm had revenue of $338.81 million during the quarter, compared to the consensus estimate of $334.90 million. Cardtronics had a return on equity of 27.15% and a net margin of 3.58%. Equities analysts anticipate that Cardtronics PLC will post 2.38 earnings per share for the current year.

About Cardtronics

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.

Featured Article: Earnings Per Share (EPS) Explained

Want to see what other hedge funds are holding CATM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cardtronics PLC (NASDAQ:CATM).

Institutional Ownership by Quarter for Cardtronics (NASDAQ:CATM)

Receive News & Ratings for Cardtronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cardtronics and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


 
© 2006-2020 BBNS.