Dimensional Fund Advisors LP Has $11.71 Million Stock Position in Cantaloupe, Inc. (NASDAQ:CTLP)

Dimensional Fund Advisors LP lifted its position in shares of Cantaloupe, Inc. (NASDAQ:CTLP - Free Report) by 5.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,231,728 shares of the technology company's stock after acquiring an additional 68,546 shares during the period. Dimensional Fund Advisors LP owned approximately 1.69% of Cantaloupe worth $11,714,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of the business. Barclays PLC raised its holdings in shares of Cantaloupe by 272.2% during the 3rd quarter. Barclays PLC now owns 113,920 shares of the technology company's stock worth $843,000 after buying an additional 83,316 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Cantaloupe by 340.6% during the third quarter. JPMorgan Chase & Co. now owns 111,394 shares of the technology company's stock worth $824,000 after acquiring an additional 86,109 shares in the last quarter. UMB Bank n.a. bought a new position in shares of Cantaloupe in the fourth quarter worth about $153,000. SG Americas Securities LLC boosted its stake in shares of Cantaloupe by 25.3% in the 4th quarter. SG Americas Securities LLC now owns 27,817 shares of the technology company's stock valued at $265,000 after purchasing an additional 5,612 shares in the last quarter. Finally, Anderson Hoagland & Co. bought a new stake in shares of Cantaloupe during the 4th quarter valued at approximately $1,837,000. Institutional investors and hedge funds own 75.75% of the company's stock.

Cantaloupe Trading Up 1.0%

CTLP traded up $0.08 during midday trading on Thursday, hitting $8.09. 135,128 shares of the company were exchanged, compared to its average volume of 408,072. The firm's 50 day moving average price is $7.80 and its 200-day moving average price is $8.76. Cantaloupe, Inc. has a 1-year low of $5.82 and a 1-year high of $11.36. The firm has a market capitalization of $590.85 million, a P/E ratio of 40.44 and a beta of 1.08. The company has a quick ratio of 1.12, a current ratio of 1.81 and a debt-to-equity ratio of 0.19.

Cantaloupe (NASDAQ:CTLP - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The technology company reported $0.08 EPS for the quarter, missing analysts' consensus estimates of $0.10 by ($0.02). Cantaloupe had a return on equity of 8.36% and a net margin of 5.40%. The company had revenue of $75.43 million during the quarter, compared to analyst estimates of $79.83 million. As a group, equities analysts forecast that Cantaloupe, Inc. will post 0.32 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Barrington Research restated an "outperform" rating and issued a $14.00 target price on shares of Cantaloupe in a research report on Thursday, March 27th. Benchmark increased their price target on Cantaloupe from $11.00 to $13.00 and gave the company a "buy" rating in a research note on Wednesday, February 26th.

Cantaloupe Profile

Cantaloupe, Inc, a digital payments and software services company, provides technology solutions for self-service commerce market. The company offers integrated solutions for payments processing, logistics, and back-office management. It also provides G11 cashless and pulse kits that are 4G LTE digital payment devices for payment and consumer engagement applications; G11 chip kit, a digital reader that accepts contact EMV and contactless EMV payment methods; Engage series comprising Engage and Engage Combo, which are digital touchscreen devices that offers networking, security, and interactivity payment methods; and card touchscreen card readers, including P66, P100, P100Pro, and P30.