1 week Ago By Defense World Staff
Russell Investments Group Ltd. raised its position in shares of CPI Card Group Inc. (NASDAQ:PMTS – Free Report) by 1,635.
8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,649 shares of the company’s stock after acquiring an additional 1,554 shares during the quarter. Russell Investments Group Ltd.
’s holdings in CPI Card Group were worth $49,000 as of its most recent SEC filing. A number of other institutional investors have also recently made changes to their positions in PMTS. Wells Fargo & Company MN lifted its holdings in CPI Card Group by 44.
9% in the 4th quarter. Wells Fargo & Company MN now owns 2,503 shares of the company’s stock valued at $75,000 after purchasing an additional 776 shares in the last quarter. Trexquant Investment LP purchased a new position in shares of CPI Card Group in the fourth quarter worth about $610,000.
Geode Capital Management LLC boosted its position in CPI Card Group by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 110,582 shares of the company’s stock worth $3,306,000 after acquiring an additional 1,953 shares during the last quarter.
O Shaughnessy Asset Management LLC grew its stake in CPI Card Group by 14.4% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 45,600 shares of the company’s stock valued at $1,363,000 after acquiring an additional 5,749 shares in the last quarter.
Finally, Arrowstreet Capital Limited Partnership raised its holdings in CPI Card Group by 92.5% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 68,220 shares of the company’s stock valued at $2,039,000 after acquiring an additional 32,784 shares during the last quarter.
22.08% of the stock is owned by institutional investors and hedge funds. CPI Card Group Stock PerformanceShares of CPI Card Group stock opened at $26.
16 on Friday. The stock has a 50 day moving average of $28.00 and a 200 day moving average of $28.
59. The firm has a market capitalization of $294.69 million, a price-to-earnings ratio of 19.
97 and a beta of 1.44. CPI Card Group Inc.
has a fifty-two week low of $17.11 and a fifty-two week high of $35.19.
Analyst Upgrades and DowngradesSeveral research analysts have recently weighed in on PMTS shares. Roth Mkm restated a “buy” rating and set a $40.00 target price on shares of CPI Card Group in a report on Wednesday, March 5th.
DA Davidson upped their target price on CPI Card Group from $36.00 to $38.00 and gave the company a “buy” rating in a report on Wednesday, March 5th.
Finally, B. Riley lifted their price target on CPI Card Group from $33.00 to $34.
00 and gave the stock a “buy” rating in a report on Wednesday, March 5th. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.
com, the company has an average rating of “Buy” and a consensus price target of $37.25.Get Our Latest Stock Analysis on CPI Card GroupCPI Card Group Profile (Free Report)CPI Card Group Inc, together with its subsidiaries, engages in the design, production, data personalization, packaging, and fulfillment of financial payment cards.
It operates through Debit and Credit, and Prepaid Debit segments. The Debit and Credit segment produces financial payment cards and provides integrated card services to card-issuing financial institutions.Recommended StoriesFive stocks we like better than CPI Card GroupEV Stocks and How to Profit from Them Markets Think Robinhood Earnings Could Send the Stock UpTSX Venture Exchange (Formerly Canadian Venture Exchange)Churchill Downs Stock: Could Tariff Fears Dampen Derby Gains?How to trade using analyst ratingsAT&T: Subscriber Growth & Buybacks Signal Bullish Turnaround.
