Are Coinstar’s Top Institutional Shareholders Worried By These Results?

Coinstar (NASDAQ:CSTR): Earnings passed expectations, while revenue missed for the company, which operated the Redbox DVD rental machines, and the Coinstar change counters. Earnings of $0.93 beat by $0.07, though revenues of $574.7 million were short of the $580 million expectations. Sliding revenue from its Redbox division, as well as increased expenses contributed to the net profit decline of 58 percent year-over-year. The company also noted that while the vendor locations remained unchanged at 47,000, the the firm aims to improve Redbox’s performance by increasing the number of movies and relocating kiosks from lower-performing locations.

These institutional firms indicated owning shares of Coinstar Inc. in Q1 2013. They reported owning a total of 71.284 million shares on 03/31/2013. The shares closed at $58.42 on 03/31/2013.

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Here are the nine largest positions in Coinstar Inc. at the end of March 31st, 2013.

Wolverine Asset Management LLC held 29,036,000 shares on 03/31/2013 worth $41,568,000. This brought the portfolio total to 1.08%.

Franklin Resources Inc. held 14,000,000 shares on 03/31/2013 worth $20,108,000. This brought the portfolio total to 0.01%.

UBS Global Asset Management Americas Inc. held 7,153,000 shares on 03/31/2013 worth $10,387,000. This brought the portfolio total to 0.01%.

Morgan Stanley held 6,438,000 shares on 03/31/2013 worth $9,202,000. This brought the portfolio total to 0.0%.

JPMorgan Chase & Co. held 2,639,000 shares on 03/31/2013 worth $3,777,000. This brought the portfolio total to 0.0%.

Vanguard Group Inc held 2,138,133 shares on 03/31/2013 worth $124,909,726. This brought the portfolio total to 0.01%.

Blackrock Fund Advisors held 1,343,302 shares on 03/31/2013 worth $78,475,700. This brought the portfolio total to 0.03%.

Fisher Asset Management LLC held 1,041,008 shares on 03/31/2013 worth $60,816,000. This brought the portfolio total to 0.16%.

Blackrock Institutional Trust Company N.A. held 998,059 shares on 03/31/2013 worth $58,306,605. This brought the portfolio total to 0.01%.

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