Citigroup Inc. increased its position in Cardtronics PLC (NASDAQ:CATM) by 203.6% in the first quarter, Holdings Channel reports. The institutional investor owned 50,414 shares of the business services provider’s stock after acquiring an additional 33,807 shares during the period. Citigroup Inc.’s holdings in Cardtronics were worth $1,794,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. NumerixS Investment Technologies Inc raised its position in shares of Cardtronics by 100.0% in the first quarter. NumerixS Investment Technologies Inc now owns 1,200 shares of the business services provider’s stock valued at $42,000 after buying an additional 600 shares during the last quarter. Macquarie Group Ltd. increased its position in Cardtronics by 16.7% during the fourth quarter. Macquarie Group Ltd. now owns 2,800 shares of the business services provider’s stock worth $73,000 after purchasing an additional 400 shares during the last quarter. Bank of Montreal Can increased its position in Cardtronics by 30.3% during the fourth quarter. Bank of Montreal Can now owns 3,597 shares of the business services provider’s stock worth $94,000 after purchasing an additional 836 shares during the last quarter. LS Investment Advisors LLC increased its position in Cardtronics by 254.2% during the fourth quarter. LS Investment Advisors LLC now owns 3,921 shares of the business services provider’s stock worth $102,000 after purchasing an additional 2,814 shares during the last quarter. Finally, Amundi Pioneer Asset Management Inc. acquired a new position in Cardtronics during the fourth quarter worth approximately $120,000.
Several equities analysts recently commented on CATM shares. Wells Fargo & Co upped their price target on shares of Cardtronics from $35.00 to $40.00 and gave the stock an “outperform” rating in a research report on Thursday, March 28th. BidaskClub lowered shares of Cardtronics from a “hold” rating to a “sell” rating in a research report on Thursday, May 30th. ValuEngine lowered shares of Cardtronics from a “buy” rating to a “hold” rating in a research report on Tuesday, May 28th. DA Davidson started coverage on shares of Cardtronics in a research report on Thursday, May 30th. They set a “buy” rating for the company. Finally, Zacks Investment Research lowered shares of Cardtronics from a “strong-buy” rating to a “sell” rating in a research report on Wednesday, February 27th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Cardtronics presently has an average rating of “Buy” and a consensus price target of $40.25.
Shares of CATM stock opened at $28.12 on Friday. Cardtronics PLC has a one year low of $23.48 and a one year high of $39.10. The company has a quick ratio of 0.74, a current ratio of 0.77 and a debt-to-equity ratio of 2.33. The company has a market cap of $1.30 billion, a P/E ratio of 16.16, a P/E/G ratio of 4.00 and a beta of 1.42.
Cardtronics (NASDAQ:CATM) last released its quarterly earnings data on Thursday, May 2nd. The business services provider reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.11. Cardtronics had a net margin of 0.81% and a return on equity of 20.70%. The company had revenue of $318.30 million during the quarter, compared to analyst estimates of $310.99 million. During the same quarter in the prior year, the business earned $0.46 earnings per share. The business’s quarterly revenue was down 5.3% compared to the same quarter last year. Research analysts anticipate that Cardtronics PLC will post 1.76 EPS for the current 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 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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