Van Berkom & Associates Inc. lessened its holdings in Cardtronics PLC (NASDAQ:CATM) by 0.4% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,376,426 shares of the business services provider’s stock after selling 9,864 shares during the period. Cardtronics comprises approximately 1.9% of Van Berkom & Associates Inc.’s holdings, making the stock its 29th biggest position. Van Berkom & Associates Inc. owned approximately 5.25% of Cardtronics worth $64,924,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. Bank of Montreal Can boosted its holdings in shares of Cardtronics by 15.2% in the first quarter. Bank of Montreal Can now owns 4,144 shares of the business services provider’s stock worth $148,000 after buying an additional 547 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of Cardtronics in the first quarter worth approximately $552,000. Texas Permanent School Fund boosted its holdings in shares of Cardtronics by 4.1% in the first quarter. Texas Permanent School Fund now owns 25,442 shares of the business services provider’s stock worth $905,000 after buying an additional 1,003 shares during the last quarter. Mason Street Advisors LLC boosted its holdings in shares of Cardtronics by 3.8% in the first quarter. Mason Street Advisors LLC now owns 12,034 shares of the business services provider’s stock worth $428,000 after buying an additional 436 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Cardtronics by 16.9% in the first quarter. JPMorgan Chase & Co. now owns 350,917 shares of the business services provider’s stock worth $12,485,000 after buying an additional 50,747 shares during the last quarter.
CATM has been the topic of a number of research reports. BidaskClub raised shares of Cardtronics from a “sell” rating to a “hold” rating in a report on Wednesday, September 11th. ValuEngine lowered shares of Cardtronics from a “buy” rating to a “hold” rating in a research note on Tuesday, May 28th. Zacks Investment Research upgraded Cardtronics from a “hold” rating to a “strong-buy” rating and set a $39.00 price objective for the company in a report on Tuesday, August 6th. DA Davidson began coverage on shares of Cardtronics in a report on Thursday, May 30th. They issued a “buy” rating for the company. Finally, Barrington Research restated a “buy” rating and set a $40.00 price objective on shares of Cardtronics in a report on Friday, August 2nd. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. Cardtronics has an average rating of “Buy” and a consensus price target of $40.00.
Shares of NASDAQ CATM traded down $0.07 during mid-day trading on Wednesday, reaching $30.03. 15,417 shares of the company’s stock were exchanged, compared to its average volume of 428,767. The firm has a market capitalization of $1.42 billion, a price-to-earnings ratio of 15.95, a PEG ratio of 3.91 and a beta of 1.31. The company has a debt-to-equity ratio of 2.35, a quick ratio of 0.71 and a current ratio of 0.73. Cardtronics PLC has a 52-week low of $23.57 and a 52-week high of $37.41. The company’s 50-day moving average is $30.07 and its 200-day moving average is $31.22.
Cardtronics (NASDAQ:CATM) last announced its quarterly earnings data on Thursday, August 1st. The business services provider reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.25. Cardtronics had a return on equity of 21.88% and a net margin of 1.32%. The business had revenue of $340.80 million during the quarter, compared to analysts’ expectations of $331.84 million. During the same quarter last year, the business posted $0.61 EPS. The business’s quarterly revenue was down .1% compared to the same quarter last year. As a group, equities analysts predict that Cardtronics PLC will post 2 earnings per share for the current fiscal year.
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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