Cardtronics PLC (CATM) Shares Sold by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. decreased its holdings in Cardtronics PLC (NASDAQ:CATM) by 0.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 514,258 shares of the business services provider’s stock after selling 3,673 shares during the quarter. Goldman Sachs Group Inc.’s holdings in Cardtronics were worth $9,524,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in CATM. Bank of New York Mellon Corp raised its stake in Cardtronics by 60.7% in the fourth quarter. Bank of New York Mellon Corp now owns 1,105,741 shares of the business services provider’s stock valued at $20,478,000 after buying an additional 417,725 shares during the period. Schroder Investment Management Group raised its stake in Cardtronics by 356.0% in the fourth quarter. Schroder Investment Management Group now owns 209,700 shares of the business services provider’s stock valued at $3,884,000 after buying an additional 163,716 shares during the period. BlackRock Inc. raised its stake in Cardtronics by 2.5% in the fourth quarter. BlackRock Inc. now owns 5,753,980 shares of the business services provider’s stock valued at $106,562,000 after buying an additional 139,686 shares during the period. Algert Global LLC bought a new stake in Cardtronics in the fourth quarter valued at approximately $2,534,000. Finally, Dimensional Fund Advisors LP raised its stake in Cardtronics by 8.2% in the third quarter. Dimensional Fund Advisors LP now owns 1,336,328 shares of the business services provider’s stock valued at $30,750,000 after buying an additional 101,333 shares during the period.

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Several analysts have issued reports on CATM shares. Bank of America restated an “underperform” rating on shares of Cardtronics in a research note on Thursday, January 18th. SunTrust Banks upped their price objective on Cardtronics to $30.00 and gave the company a “buy” rating in a research note on Wednesday, February 21st. BidaskClub upgraded Cardtronics from a “hold” rating to a “buy” rating in a research note on Wednesday, January 31st. Zacks Investment Research lowered Cardtronics from a “hold” rating to a “sell” rating in a research note on Friday, January 26th. Finally, Wells Fargo upgraded Cardtronics from a “market perform” rating to an “outperform” rating and set a $29.00 price objective on the stock in a research note on Wednesday, January 24th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. Cardtronics currently has an average rating of “Hold” and a consensus target price of $27.25.

In other news, major shareholder Hudson Executive Capital Lp bought 322,000 shares of the stock in a transaction dated Wednesday, February 21st. The shares were bought at an average price of $23.32 per share, for a total transaction of $7,509,040.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Joseph Bradley Nolan bought 5,725 shares of the stock in a transaction dated Wednesday, March 7th. The shares were purchased at an average price of $26.16 per share, for a total transaction of $149,766.00. The disclosure for this purchase can be found here. 1.20% of the stock is currently owned by company insiders.

Shares of NASDAQ CATM opened at $22.31 on Monday. The company has a market cap of $1,023.96, a PE ratio of 8.05, a PEG ratio of 1.71 and a beta of 0.92. The company has a debt-to-equity ratio of 2.35, a quick ratio of 0.79 and a current ratio of 0.82. Cardtronics PLC has a 1-year low of $15.80 and a 1-year high of $46.95.

Cardtronics (NASDAQ:CATM) last announced its earnings results on Tuesday, February 20th. The business services provider reported $0.73 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.55 by $0.18. The company had revenue of $363.00 million for the quarter, compared to analyst estimates of $340.23 million. Cardtronics had a positive return on equity of 29.93% and a negative net margin of 9.64%. The firm’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.79 earnings per share. equities research analysts predict that Cardtronics PLC will post 1.19 earnings per share for the current year.

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Cardtronics Company Profile

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 (NASDAQ:CATM)

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