WINTON GROUP Ltd Purchases Shares of 139,798 Copart, Inc. (CPRT)
WINTON GROUP Ltd acquired a new stake in shares of Copart, Inc. (NASDAQ:CPRT) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 139,798 shares of the business services provider’s stock, valued at approximately $6,038,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Swiss National Bank increased its holdings in shares of Copart by 0.8% during the third quarter. Swiss National Bank now owns 346,700 shares of the business services provider’s stock valued at $11,916,000 after acquiring an additional 2,900 shares in the last quarter. GSA Capital Partners LLP bought a new stake in shares of Copart during the third quarter valued at approximately $816,000. Norris Perne & French LLP MI bought a new stake in shares of Copart during the third quarter valued at approximately $553,000. Stevens Capital Management LP bought a new stake in shares of Copart during the third quarter valued at approximately $4,039,000. Finally, The Manufacturers Life Insurance Company increased its holdings in shares of Copart by 11.5% during the fourth quarter. The Manufacturers Life Insurance Company now owns 436,520 shares of the business services provider’s stock valued at $18,853,000 after acquiring an additional 44,878 shares in the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.
In related news, Director Daniel J. Englander sold 68,004 shares of the company’s stock in a transaction on Wednesday, January 3rd. The stock was sold at an average price of $43.38, for a total transaction of $2,950,013.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 16.40% of the company’s stock.
Shares of Copart, Inc. (CPRT) traded down $0.17 during trading on Monday, reaching $45.99. The company had a trading volume of 35,697 shares, compared to its average volume of 1,311,892. Copart, Inc. has a 1-year low of $28.89 and a 1-year high of $50.71. The company has a market capitalization of $10,708.86, a P/E ratio of 30.37, a P/E/G ratio of 1.34 and a beta of 1.02. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.78 and a quick ratio of 1.74.
Copart (NASDAQ:CPRT) last announced its quarterly earnings results on Monday, February 26th. The business services provider reported $0.47 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.09. Copart had a return on equity of 30.94% and a net margin of 20.95%. The business had revenue of $459.11 million during the quarter, compared to the consensus estimate of $427.11 million. During the same quarter in the prior year, the company posted $0.29 earnings per share. Copart’s revenue was up 31.4% compared to the same quarter last year. sell-side analysts anticipate that Copart, Inc. will post 1.71 EPS for the current fiscal year.
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Copart, Inc (Copart) is a provider of online auctions and vehicle remarketing services in the United States, Canada, the United Kingdom, the United Arab Emirates, Oman, Bahrain, Brazil, Ireland, Spain and India. The Company also provides vehicle remarketing services in Germany. The Company operates through two segments: United States and International.
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