Trexquant Investment LP bought a new position in Cardtronics PLC (NASDAQ:CATM) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm bought 20,400 shares of the business services provider’s stock, valued at approximately $670,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Flinton Capital Management LLC boosted its position 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 in the last quarter. Neuburgh Advisers LLC boosted its position 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 in the last quarter. LS Investment Advisors LLC boosted its position 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 in the last quarter. State of Alaska Department of Revenue boosted its position 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 in the last quarter. Finally, 1st Global Advisors Inc. boosted its position 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 in the last quarter.

Shares of Cardtronics PLC (CATM) opened at 26.00 on Friday. The firm has a market capitalization of $1.19 billion, a price-to-earnings ratio of 17.94 and a beta of 0.75. The firm’s 50-day moving average price is $31.12 and its 200-day moving average price is $39.50. Cardtronics PLC has a 12 month low of $25.87 and a 12 month 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 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.04. Cardtronics PLC had a return on equity of 28.23% and a net margin of 4.83%. The company had revenue of $385.11 million during the quarter, compared to the consensus estimate of $379.03 million. During the same period in the prior year, the company earned $0.80 earnings per share. The company’s revenue for the quarter was up 18.9% compared to the same quarter last year. On average, equities analysts anticipate that Cardtronics PLC will post $2.84 earnings per share for the current year.

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A number of equities analysts recently weighed in on the company. Zacks Investment Research raised Cardtronics PLC from a “hold” rating to a “strong-buy” rating and set a $41.00 price target on the stock in a research note on Monday, May 8th. TheStreet cut Cardtronics PLC from a “b” rating to a “c+” rating in a research note on Monday, May 8th. ValuEngine cut Cardtronics PLC from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Lake Street Capital assumed coverage on Cardtronics PLC in a research note on Monday, June 19th. They issued a “buy” rating and a $46.00 price target on the stock. Finally, Bank of America Corporation dropped their price target on Cardtronics PLC from $48.00 to $40.00 and set a “neutral” rating on the stock in a research note on Friday, July 7th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $46.17.

In other Cardtronics PLC news, insider Gerardo Garcia sold 3,000 shares of the 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 completion of the sale, the insider now directly owns 3,743 shares in the company, valued at $126,550.83. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jonathan Simpson-Dent sold 18,721 shares of the stock in a transaction dated Friday, June 2nd. The stock was sold at an average price of $34.24, for a total value of $641,007.04. Following the completion of the sale, the insider now owns 16,792 shares of the company’s stock, valued at $574,958.08. The disclosure for this sale can be found here. Insiders sold 22,546 shares of company stock valued at $770,512 over the last 90 days. Corporate insiders own 1.20% of the company’s stock.

About Cardtronics PLC

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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