Palisade Capital Management LLC NJ Has $670,000 Holdings in Cardtronics PLC (CATM)

Palisade Capital Management LLC NJ grew its position in shares of Cardtronics PLC (NASDAQ:CATM) by 22.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 29,120 shares of the business services provider’s stock after acquiring an additional 5,370 shares during the quarter. Palisade Capital Management LLC NJ owned 0.06% of Cardtronics PLC worth $670,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. TIAA CREF Investment Management LLC boosted its holdings in Cardtronics PLC by 34.2% during the 1st quarter. TIAA CREF Investment Management LLC now owns 176,115 shares of the business services provider’s stock worth $8,233,000 after acquiring an additional 44,879 shares during the last quarter. Comerica Bank boosted its holdings in Cardtronics PLC by 9.3% during the 2nd quarter. Comerica Bank now owns 59,014 shares of the business services provider’s stock worth $1,801,000 after acquiring an additional 5,029 shares during the last quarter. Adams Diversified Equity Fund Inc. boosted its holdings in shares of Cardtronics PLC by 38.9% in the 2nd quarter. Adams Diversified Equity Fund Inc. now owns 28,900 shares of the business services provider’s stock worth $950,000 after buying an additional 8,100 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Cardtronics PLC by 25.4% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 95,730 shares of the business services provider’s stock worth $3,146,000 after buying an additional 19,392 shares during the last quarter. Finally, Piedmont Investment Advisors LLC purchased a new position in shares of Cardtronics PLC in the 2nd quarter worth about $324,000.

A number of brokerages recently weighed in on CATM. SunTrust Banks, Inc. reissued a “buy” rating and issued a $25.00 price target on shares of Cardtronics PLC in a report on Friday. Zacks Investment Research downgraded shares of Cardtronics PLC from a “hold” rating to a “sell” rating in a report on Tuesday, October 3rd. Lake Street Capital downgraded shares of Cardtronics PLC from a “buy” rating to a “hold” rating and cut their price target for the stock from $40.00 to $31.00 in a report on Tuesday, September 26th. Finally, William Blair downgraded shares of Cardtronics PLC from an “outperform” rating to a “market perform” rating in a report on Monday, September 25th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $37.00.

Shares of Cardtronics PLC (NASDAQ:CATM) opened at $17.55 on Friday. The company has a market cap of $801.23, a PE ratio of 6.18, a PEG ratio of 0.52 and a beta of 0.75. The company has a quick ratio of 0.75, a current ratio of 0.79 and a debt-to-equity ratio of 1.92.

Cardtronics PLC (NASDAQ:CATM) last announced its quarterly earnings data on Thursday, November 2nd. The business services provider reported $0.96 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.86 by $0.10. Cardtronics PLC had a positive return on equity of 27.54% and a negative net margin of 9.37%. The business had revenue of $402.00 million for the quarter, compared to analysts’ expectations of $383.97 million. During the same period in the previous year, the business posted $0.98 EPS. The firm’s quarterly revenue was up 22.4% compared to the same quarter last year. equities analysts forecast that Cardtronics PLC will post 2.62 EPS for the current year.

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About Cardtronics PLC

Cardtronics plc, formerly Cardtronics, Inc, provides automated consumer financial services through its network of automated teller machines (ATMS) and multi-function financial services kiosks. The Company’s operations consists of its North America, Europe, and Corporate & Other segments. Its ATM operations in the United States, Canada, Mexico and Puerto Rico are included in its North America segment.

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Institutional Ownership by Quarter for Cardtronics PLC (NASDAQ:CATM)

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