BlackRock Investment Management LLC increased its position in shares of Cardtronics PLC (NASDAQ:CATM) by 0.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 190,073 shares of the company’s stock after buying an additional 1,221 shares during the period. BlackRock Investment Management LLC owned 0.42% of Cardtronics PLC worth $8,477,000 as of its most recent filing with the SEC.
A number of other large investors also recently made changes to their positions in the stock. 1st Global Advisors Inc. raised its stake in shares of Cardtronics PLC by 2.0% in the second quarter. 1st Global Advisors Inc. now owns 5,711 shares of the company’s stock worth $227,000 after buying an additional 114 shares during the last quarter. Bank of Montreal Can bought a new stake in shares of Cardtronics PLC during the second quarter worth $15,850,000. GW&K Investment Management LLC raised its stake in shares of Cardtronics PLC by 1.2% in the second quarter. GW&K Investment Management LLC now owns 903,883 shares of the company’s stock worth $35,984,000 after buying an additional 10,402 shares during the last quarter. First Midwest Bank Trust Division bought a new stake in shares of Cardtronics PLC during the second quarter worth $248,000. Finally, RDL Financial Inc. raised its stake in shares of Cardtronics PLC by 54.1% in the second quarter. RDL Financial Inc. now owns 42,945 shares of the company’s stock worth $1,710,000 after buying an additional 15,070 shares during the last quarter.
Cardtronics PLC (NASDAQ:CATM) traded up 0.53% during midday trading on Wednesday, hitting $54.77. 104,044 shares of the stock traded hands. The firm has a market cap of $2.48 billion, a P/E ratio of 32.16 and a beta of 0.70. The company’s 50-day moving average is $53.01 and its 200 day moving average is $47.16. Cardtronics PLC has a 12-month low of $28.01 and a 12-month high of $56.00.
Cardtronics PLC (NASDAQ:CATM) last released its earnings results on Thursday, October 27th. The company reported $0.98 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.93 by $0.05. Cardtronics PLC had a net margin of 6.19% and a return on equity of 34.51%. The business earned $328.30 million during the quarter, compared to analyst estimates of $115.95 million. During the same quarter in the prior year, the firm earned $0.82 earnings per share. The company’s revenue for the quarter was up 5.4% compared to the same quarter last year. On average, analysts anticipate that Cardtronics PLC will post $3.25 EPS for the current fiscal year.
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CATM has been the subject of a number of research analyst reports. Feltl & Co. initiated coverage on shares of Cardtronics PLC in a report on Thursday, September 22nd. They set a “buy” rating and a $48.00 price objective for the company. Zacks Investment Research upgraded shares of Cardtronics PLC from a “hold” rating to a “strong-buy” rating and set a $55.00 price objective for the company in a report on Thursday, October 6th. Wells Fargo & Company lowered shares of Cardtronics PLC from an “outperform” rating to a “market perform” rating in a report on Wednesday, November 16th. Finally, Jefferies Group reiterated a “buy” rating and set a $52.00 price objective on shares of Cardtronics PLC in a report on Monday, December 5th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Cardtronics PLC has an average rating of “Hold” and an average price target of $48.80.
In related news, insider David Walker Dove sold 5,000 shares of the company’s stock in a transaction dated Friday, December 2nd. The shares were sold at an average price of $50.31, for a total value of $251,550.00. Following the completion of the sale, the insider now owns 37,416 shares of the company’s stock, valued at $1,882,398.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Steven A. Rathgaber sold 6,000 shares of the company’s stock in a transaction dated Wednesday, January 4th. The shares were sold at an average price of $55.40, for a total transaction of $332,400.00. Following the completion of the sale, the chief executive officer now directly owns 273,350 shares of the company’s stock, valued at approximately $15,143,590. The disclosure for this sale can be found here. Insiders own 1.50% of the company’s stock.
Cardtronics PLC Company Profile
Cardtronics PLC, formerly Cardtronics, Inc, is a provider of automated consumer financial services. The Company provides these services through its network of automated teller machines (ATMs) and multi-function financial services kiosks. The Company’s operations consisted of its North America and Europe segments.
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