WINTON GROUP Ltd Invests $10.70 Million in Cardtronics PLC (CATM)

WINTON GROUP Ltd acquired a new stake in shares of Cardtronics PLC (NASDAQ:CATM) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 338,013 shares of the business services provider’s stock, valued at approximately $10,695,000. WINTON GROUP Ltd owned about 0.73% of Cardtronics as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of CATM. Legal & General Group Plc boosted its stake in Cardtronics by 2.4% during the 1st quarter. Legal & General Group Plc now owns 95,717 shares of the business services provider’s stock valued at $2,144,000 after purchasing an additional 2,220 shares during the period. OppenheimerFunds Inc. boosted its stake in Cardtronics by 6.7% during the 2nd quarter. OppenheimerFunds Inc. now owns 35,915 shares of the business services provider’s stock valued at $868,000 after purchasing an additional 2,250 shares during the period. Public Employees Retirement Association of Colorado boosted its stake in Cardtronics by 56.4% during the 3rd quarter. Public Employees Retirement Association of Colorado now owns 6,254 shares of the business services provider’s stock valued at $198,000 after purchasing an additional 2,255 shares during the period. Smith Asset Management Group LP boosted its stake in Cardtronics by 2.6% during the 3rd quarter. Smith Asset Management Group LP now owns 108,604 shares of the business services provider’s stock valued at $3,436,000 after purchasing an additional 2,725 shares during the period. Finally, California Public Employees Retirement System boosted its stake 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 valued at $4,141,000 after purchasing an additional 5,040 shares during the period.

Shares of CATM stock opened at $36.05 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.87 and a debt-to-equity ratio of 2.03. Cardtronics PLC has a 12 month low of $15.80 and a 12 month high of $39.10. The company has a market capitalization of $1.65 billion, a price-to-earnings ratio of 13.01, a PEG ratio of 1.65 and a beta of 1.26.

Cardtronics (NASDAQ:CATM) last announced its quarterly earnings data on Thursday, November 1st. The business services provider reported $0.62 EPS for the quarter, topping the Zacks’ consensus estimate of $0.42 by $0.20. Cardtronics had a return on equity of 24.77% and a net margin of 1.86%. The company had revenue of $340.18 million during the quarter, compared to the consensus estimate of $319.30 million. During the same quarter last year, the company earned $0.96 EPS. The company’s quarterly revenue was down 15.4% on a year-over-year basis. On average, equities research analysts forecast that Cardtronics PLC will post 1.81 EPS for the current year.

In other news, Director Mark Rossi acquired 5,000 shares of Cardtronics stock in a transaction on Monday, August 13th. The stock was bought at an average price of $30.25 per share, for a total transaction of $151,250.00. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. 0.60% of the stock is currently owned by company insiders.

CATM has been the subject of several recent analyst reports. ValuEngine downgraded Cardtronics from a “hold” rating to a “sell” rating in a research note on Saturday, July 28th. BidaskClub downgraded Cardtronics from a “hold” rating to a “sell” rating in a research note on Thursday, October 18th. Barrington Research restated a “hold” rating on shares of Cardtronics in a research note on Tuesday, July 31st. Zacks Investment Research upgraded Cardtronics from a “hold” rating to a “buy” rating and set a $38.00 target price for the company in a research note on Wednesday, October 10th. Finally, TheStreet upgraded Cardtronics from a “d+” rating to a “c-” rating in a research note on Monday, August 27th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company. Cardtronics has an average rating of “Hold” and a consensus price target of $31.40.

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About Cardtronics

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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Institutional Ownership by Quarter for Cardtronics (NASDAQ:CATM)

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