New York State Teachers Retirement System increased its holdings in shares of Cardtronics PLC (NASDAQ:CATM) by 7.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 72,268 shares of the business services provider’s stock after purchasing an additional 5,283 shares during the period. New York State Teachers Retirement System’s holdings in Cardtronics were worth $1,879,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also made changes to their positions in the stock. Raymond James & Associates purchased a new stake in shares of Cardtronics during the 2nd quarter valued at $397,000. California Public Employees Retirement System boosted its position in Cardtronics by 3.0% during the 2nd quarter. California Public Employees Retirement System now owns 171,239 shares of the business services provider’s stock worth $4,141,000 after purchasing an additional 5,040 shares during the period. Xact Kapitalforvaltning AB purchased a new stake in Cardtronics during the 3rd quarter worth $256,000. Alpha Cubed Investments LLC purchased a new stake in Cardtronics during the 3rd quarter worth $201,000. Finally, Sawtooth Solutions LLC purchased a new stake in Cardtronics during the 3rd quarter worth $239,000.
A number of analysts recently weighed in on CATM shares. ValuEngine cut shares of Cardtronics from a “buy” rating to a “hold” rating in a research report on Friday, October 19th. Barrington Research raised shares of Cardtronics to a “buy” rating and set a $40.00 price target for the company in a research report on Friday, November 2nd. Barclays started coverage on shares of Cardtronics in a research report on Wednesday, November 14th. They set an “overweight” rating and a $41.00 price target for the company. Zacks Investment Research cut shares of Cardtronics from a “buy” rating to a “hold” rating in a research report on Monday, February 4th. Finally, BidaskClub cut shares of Cardtronics from a “hold” rating to a “sell” rating in a research report on Thursday, October 18th. Two analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $32.20.
Shares of CATM stock opened at $27.55 on Tuesday. Cardtronics PLC has a 12 month low of $20.78 and a 12 month high of $39.10. The company has a current ratio of 0.87, a quick ratio of 0.83 and a debt-to-equity ratio of 2.03. The firm has a market capitalization of $1.21 billion, a price-to-earnings ratio of 9.95, a PEG ratio of 1.15 and a beta of 1.29.
In other Cardtronics news, Director J Tim Arnoult sold 3,000 shares of the business’s stock in a transaction on Wednesday, November 28th. The shares were sold at an average price of $31.54, for a total value of $94,620.00. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Dan Antilley sold 5,000 shares of the business’s stock in a transaction on Wednesday, December 12th. The stock was sold at an average price of $31.31, for a total transaction of $156,550.00. The disclosure for this sale can be found here. Insiders own 0.60% of the company’s stock.
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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 bank balance inquiries; and financial related services to cardholders, as well as ATM management and ATM equipment-related services to large retail merchants, smaller retailers, and operators of facilities, such as shopping malls, airports, and train stations.
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