Crescent Grove Advisors LLC acquired a new position in Cardtronics PLC (NASDAQ:CATM) during the second quarter, Holdings Channel reports. The institutional investor acquired 13,866 shares of the business services provider’s stock, valued at approximately $456,000.

Several other hedge funds have also modified their holdings of CATM. Flinton Capital Management LLC increased its stake in shares of Cardtronics PLC by 6.2% in the first quarter. Flinton Capital Management LLC now owns 2,408 shares of the business services provider’s stock worth $113,000 after buying an additional 140 shares during the last quarter. Neuburgh Advisers LLC increased its stake in shares of Cardtronics PLC by 6.2% in the first quarter. Neuburgh Advisers LLC now owns 2,924 shares of the business services provider’s stock worth $137,000 after buying an additional 170 shares during the last quarter. LS Investment Advisors LLC increased its stake in shares of Cardtronics PLC by 79.9% in the first quarter. LS Investment Advisors LLC now owns 3,064 shares of the business services provider’s stock worth $143,000 after buying an additional 1,361 shares during the last quarter. State of Alaska Department of Revenue increased its stake in shares of Cardtronics PLC by 2.7% in the first quarter. State of Alaska Department of Revenue now owns 5,030 shares of the business services provider’s stock worth $235,000 after buying an additional 130 shares during the last quarter. Finally, 1st Global Advisors Inc. increased its stake in shares of Cardtronics PLC by 0.8% in the first quarter. 1st Global Advisors Inc. now owns 5,109 shares of the business services provider’s stock worth $239,000 after buying an additional 40 shares during the last quarter.

Cardtronics PLC (NASDAQ CATM) opened at 26.00 on Friday. The company’s 50-day moving average price is $31.12 and its 200-day moving average price is $39.50. The stock has a market capitalization of $1.19 billion, a PE ratio of 17.94 and a beta of 0.75. Cardtronics PLC has a one year low of $25.87 and a one year high of $56.00.

Cardtronics PLC (NASDAQ:CATM) last announced its quarterly earnings results on Wednesday, August 2nd. The business services provider reported $0.76 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.72 by $0.04. The company had revenue of $385.11 million during the quarter, compared to analyst estimates of $379.03 million. Cardtronics PLC had a return on equity of 28.23% and a net margin of 4.83%. The firm’s revenue was up 18.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.80 earnings per share. Equities research analysts predict that Cardtronics PLC will post $2.84 EPS for the current year.

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A number of brokerages recently issued reports on CATM. Zacks Investment Research raised Cardtronics PLC from a “strong sell” rating to a “hold” rating in a research report on Monday, August 7th. Lake Street Capital began coverage on Cardtronics PLC in a research report on Monday, June 19th. They set a “buy” rating and a $46.00 price objective for the company. ValuEngine downgraded Cardtronics PLC from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. TheStreet downgraded Cardtronics PLC from a “b” rating to a “c+” rating in a research report on Monday, May 8th. Finally, Bank of America Corporation cut their price objective on Cardtronics PLC from $48.00 to $40.00 and set a “neutral” rating for the company in a research report on Friday, July 7th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $46.17.

In other Cardtronics PLC news, EVP Phillip Pilsuh Chin sold 825 shares of the company’s stock in a transaction dated Monday, June 19th. The stock was sold at an average price of $34.03, for a total transaction of $28,074.75. Following the completion of the sale, the executive vice president now directly owns 2,469 shares in the company, valued at $84,020.07. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Gerardo Garcia sold 3,000 shares of the company’s stock in a transaction dated Monday, June 5th. The stock was sold at an average price of $33.81, for a total value of $101,430.00. Following the sale, the insider now owns 3,743 shares of the company’s stock, valued at $126,550.83. The disclosure for this sale can be found here. Insiders have sold 22,546 shares of company stock valued at $770,512 over the last 90 days. 1.20% of the stock is currently owned by insiders.

Cardtronics PLC 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 PLC (NASDAQ:CATM)

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