Barclays PLC cut its stake in Cardtronics PLC (NASDAQ:CATM) by 37.3% in the third quarter, Holdings Channel.com reports. The firm owned 65,057 shares of the business services provider’s stock after selling 38,715 shares during the quarter. Barclays PLC’s holdings in Cardtronics were worth $1,968,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Renaissance Technologies LLC boosted its stake in Cardtronics by 13.2% during the second quarter. Renaissance Technologies LLC now owns 1,141,100 shares of the business services provider’s stock worth $31,175,000 after buying an additional 133,500 shares during the last quarter. D. E. Shaw & Co. Inc. raised its stake in Cardtronics by 26.7% during the second quarter. D. E. Shaw & Co. Inc. now owns 1,109,849 shares of the business services provider’s stock worth $30,321,000 after purchasing an additional 233,675 shares during the period. Waddell & Reed Financial Inc. raised its stake in Cardtronics by 26.5% during the second quarter. Waddell & Reed Financial Inc. now owns 968,718 shares of the business services provider’s stock worth $26,465,000 after purchasing an additional 203,161 shares during the period. Voya Investment Management LLC boosted its holdings in Cardtronics by 82.2% in the 3rd quarter. Voya Investment Management LLC now owns 600,414 shares of the business services provider’s stock valued at $18,156,000 after purchasing an additional 270,881 shares during the last quarter. Finally, Northern Trust Corp boosted its holdings in Cardtronics by 0.8% in the 2nd quarter. Northern Trust Corp now owns 524,013 shares of the business services provider’s stock valued at $14,316,000 after purchasing an additional 3,964 shares during the last quarter.

Several analysts have recently weighed in on CATM shares. Barrington Research reissued a “buy” rating and issued a $40.00 price target on shares of Cardtronics in a research note on Thursday, October 31st. BidaskClub raised shares of Cardtronics from a “buy” rating to a “strong-buy” rating in a research report on Friday, November 8th. Zacks Investment Research upgraded Cardtronics from a “hold” rating to a “buy” rating and set a $40.00 price objective on the stock in a report on Monday, November 4th. Finally, DA Davidson increased their price objective on Cardtronics to $46.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. One analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $41.50.

Shares of NASDAQ:CATM opened at $40.33 on Friday. The company has a market capitalization of $1.88 billion, a price-to-earnings ratio of 21.45, a PEG ratio of 5.10 and a beta of 1.40. Cardtronics PLC has a 12-month low of $23.57 and a 12-month high of $43.69. The business has a 50-day moving average price of $38.38 and a 200 day moving average price of $31.89. The company has a current ratio of 0.75, a quick ratio of 0.73 and a debt-to-equity ratio of 2.37.

Cardtronics (NASDAQ:CATM) last announced its earnings results on Wednesday, October 30th. The business services provider reported $0.79 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.63 by $0.16. Cardtronics had a net margin of 2.21% and a return on equity of 24.63%. The company had revenue of $351.51 million during the quarter, compared to analyst estimates of $349.57 million. During the same quarter last year, the firm posted $0.62 earnings per share. Cardtronics’s revenue was up 3.3% compared to the same quarter last year. As a group, equities research analysts predict that Cardtronics PLC will post 2.07 earnings per share for the current fiscal year.

In other news, CAO Paul A. Gullo sold 974 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $43.18, for a total value of $42,057.32. The sale was disclosed in a document filed with the SEC, which is available through this link. 18.30% of the stock is currently owned by insiders.

Cardtronics Company Profile

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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Institutional Ownership by Quarter for Cardtronics (NASDAQ:CATM)

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