Short Interest Alert: Does Cardtronics Plc Class A Ord UK (NASDAQ:CATM) Have Gas After Even Less Sellers Involved?

November 28, 2016 - By Adrian Mccoy   ·   0 Comments

Short Interest Alert: Does Cardtronics Plc Class A Ord UK (NASDAQ:CATM) Have Gas After Even Less Sellers Involved?

The stock of Cardtronics Plc Class A Ord UK (NASDAQ:CATM) registered a decrease of 8.91% in short interest. CATM’s total short interest was 4.59 million shares in November as published by FINRA. Its down 8.91% from 5.04 million shares, reported previously. With 404,200 shares average volume, it will take short sellers 11 days to cover their CATM’s short positions. The short interest to Cardtronics Plc Class A Ord UK’s float is 11%. About 86,729 shares traded hands. Cardtronics PLC (NASDAQ:CATM) has risen 40.17% since April 25, 2016 and is uptrending. It has outperformed by 34.15% the S&P500.

Cardtronics PLC, formerly Cardtronics, Inc., is a well-known provider of automated consumer financial services. The company has a market cap of $2.34 billion. The Firm provides these services through its network of automated teller machines and multi-function financial services kiosks. It has a 29.74 P/E ratio. The Company’s activities consisted of its North America and Europe divisions.

Insitutional Activity: The institutional sentiment decreased to 0.01 in 2016 Q2. Its down 0.77, from 0.78 in 2016Q1. The ratio fall, as 54 funds sold all Cardtronics PLC shares owned while 49 reduced positions. 18 funds bought stakes while 62 increased positions. They now own 40.13 million shares or 22.85% less from 52.01 million shares in 2016Q1.
Rdl Fincl Incorporated holds 42,945 shares or 1.26% of its portfolio. Principal Financial Group Inc Inc Inc accumulated 0.02% or 328,277 shares. Proshare Advsrs Ltd Liability Corporation has invested 0% of its portfolio in Cardtronics PLC (NASDAQ:CATM). Arcadia Invest Mngmt Mi last reported 600 shares in the company. Ny State Teachers Retirement last reported 0.01% of its portfolio in the stock. Morgan Stanley has 0% invested in the company for 94,377 shares. Pacad Invest accumulated 1,300 shares or 0.01% of the stock. Lsv Asset has invested 0% of its portfolio in Cardtronics PLC (NASDAQ:CATM). Art Advsrs Ltd Liability Com owns 33,836 shares or 0.07% of their US portfolio. Texas Permanent School Fund has invested 0.02% of its portfolio in Cardtronics PLC (NASDAQ:CATM). New York State Common Retirement Fund last reported 0% of its portfolio in the stock. Bnp Paribas Arbitrage holds 0% of its portfolio in Cardtronics PLC (NASDAQ:CATM) for 15,280 shares. Glenmede Na reported 858,727 shares or 0.21% of all its holdings. Goldman Sachs Grp has 0% invested in the company for 73,617 shares. Barclays Public Ltd holds 60,652 shares or 0% of its portfolio.

Cardtronics PLC (NASDAQ:CATM) Ratings Coverage

Out of 6 analysts covering Cardtronics (NASDAQ:CATM), 2 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 33% are positive. Cardtronics has been the topic of 9 analyst reports since August 14, 2015 according to StockzIntelligence Inc. The company was downgraded on Wednesday, November 16 by Wells Fargo. The rating was downgraded by Barrington Research to “Market Perform” on Friday, July 29. The rating was initiated by Bank of America on Friday, December 11 with “Neutral”. Jefferies maintained Cardtronics PLC (NASDAQ:CATM) rating on Friday, March 18. Jefferies has “Buy” rating and $42 price target. Feltl & Co initiated the shares of CATM in a report on Thursday, September 22 with “Buy” rating. The stock of Cardtronics PLC (NASDAQ:CATM) has “Overweight” rating given on Friday, August 14 by JP Morgan. The rating was downgraded by JP Morgan to “Neutral” on Friday, August 19.

CATM Company Profile

Cardtronics PLC, formerly Cardtronics, Inc., incorporated on June 4, 2001, is a well-known provider of automated consumer financial services. The Firm provides these services through its network of automated teller machines (ATMs) and multi-function financial services kiosks. The Company’s activities consisted of its North America and Europe divisions. The Company’s North America segment includes activities in all 50 states, Puerto Rico, Canada and Mexico. The Company’s Europe segment includes its activities in the United Kingdom, Germany and Poland. The Firm provides its services to approximately 190,000 devices across its portfolio, which included approximately 168,300 devices located in all 50 states of the United States (U.S.) (including the U.S. territory of Puerto Rico), approximately 15,700 devices throughout the United Kingdom (U.K.), approximately 1,100 devices throughout Germany and Poland, approximately 3,300 devices throughout Canada and approximately 1,400 devices throughout Mexico. In the United States, certain of the Company’s devices are multi-function financial services kiosks that, in addition to traditional ATM functions, such as cash dispensing and bank account balance inquiries, perform other consumer financial services, including bill payments, check cashing, remote deposit capture (which is deposit taking at ATMs using electronic imaging), and money transfers. Also included in the number of devices in its network are approximately 112,600 ATMs to which the Company provides various forms of managed services solutions. Under the managed services arrangement, retailers, financial institutions and ATM distributors rely on the Company to handle some or all of the operational aspects associated with operating and maintaining ATMs.

More recent Cardtronics PLC (NASDAQ:CATM) news were published by: Marketwatch.com which released: “/quotes/zigman/3870025/realtime” on December 21, 2009. Also Reuters.com published the news titled: “BRIEF-Vanguard Group reports 10.21 percent passive stake in Cardtronics Pl…” on November 10, 2016. Globenewswire.com‘s news article titled: “Cardtronics Stockholders Approve Plan To Redomicile In The U.K.” with publication date: June 29, 2016 was also an interesting one.

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By Adrian Mccoy


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