NCR Co. (NCR) Holdings Increased by ICM Asset Management Inc. WA

ICM Asset Management Inc. WA raised its position in shares of NCR Co. (NYSE:NCR) by 28.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 100,444 shares of the information technology services provider’s stock after buying an additional 21,961 shares during the quarter. NCR comprises 3.7% of ICM Asset Management Inc. WA’s portfolio, making the stock its 6th largest position. ICM Asset Management Inc. WA owned approximately 0.08% of NCR worth $3,414,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. BB&T Corp raised its position in shares of NCR by 19.9% during the 4th quarter. BB&T Corp now owns 9,826 shares of the information technology services provider’s stock worth $334,000 after purchasing an additional 1,630 shares during the period. Robeco Institutional Asset Management B.V. raised its position in shares of NCR by 5.8% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 31,015 shares of the information technology services provider’s stock worth $1,054,000 after purchasing an additional 1,700 shares during the period. Hanson & Doremus Investment Management raised its position in shares of NCR by 2.8% during the 4th quarter. Hanson & Doremus Investment Management now owns 68,459 shares of the information technology services provider’s stock worth $2,327,000 after purchasing an additional 1,833 shares during the period. US Bancorp DE raised its position in shares of NCR by 5.3% during the 4th quarter. US Bancorp DE now owns 37,137 shares of the information technology services provider’s stock worth $1,261,000 after purchasing an additional 1,874 shares during the period. Finally, Financial Counselors Inc. raised its position in shares of NCR by 34.5% during the 4th quarter. Financial Counselors Inc. now owns 7,475 shares of the information technology services provider’s stock worth $254,000 after purchasing an additional 1,918 shares during the period. Hedge funds and other institutional investors own 93.01% of the company’s stock.

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Shares of NCR Co. (NCR) opened at $33.61 on Tuesday. NCR Co. has a 1 year low of $29.20 and a 1 year high of $45.92. The company has a debt-to-equity ratio of 4.07, a current ratio of 1.50 and a quick ratio of 1.09. The company has a market capitalization of $4,120.32, a P/E ratio of 10.84, a P/E/G ratio of 2.61 and a beta of 1.87.

NCR (NYSE:NCR) last posted its earnings results on Thursday, February 8th. The information technology services provider reported $0.92 EPS for the quarter, beating the consensus estimate of $0.87 by $0.05. NCR had a return on equity of 80.11% and a net margin of 3.56%. The firm had revenue of $1.78 billion for the quarter, compared to analysts’ expectations of $1.75 billion. During the same period last year, the firm earned $1.07 EPS. The firm’s revenue was down 1.1% compared to the same quarter last year. equities analysts anticipate that NCR Co. will post 3.34 earnings per share for the current year.

NCR has been the topic of a number of research reports. Zacks Investment Research upgraded NCR from a “sell” rating to a “hold” rating in a research report on Wednesday, December 20th. ValuEngine upgraded NCR from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Benchmark reiterated a “buy” rating and set a $44.00 price target on shares of NCR in a research report on Wednesday, February 7th. TheStreet cut NCR from a “b-” rating to a “c” rating in a research report on Friday, February 9th. Finally, DA Davidson initiated coverage on NCR in a research report on Wednesday, February 7th. They set a “neutral” rating and a $39.00 price target on the stock. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $43.33.

In related news, EVP Paul Langenbahn sold 4,522 shares of the firm’s stock in a transaction that occurred on Monday, March 5th. The stock was sold at an average price of $33.90, for a total value of $153,295.80. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP J. Robert Ciminera sold 1,937 shares of the stock in a transaction on Tuesday, January 23rd. The shares were sold at an average price of $37.36, for a total value of $72,366.32. Following the transaction, the executive vice president now directly owns 6,802 shares of the company’s stock, valued at $254,122.72. The disclosure for this sale can be found here. 1.00% of the stock is owned by company insiders.

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NCR Profile

NCR Corporation is a provider of Omni-channel technology solutions that enable businesses connect, interact and transact with their customers. The Company operates through three segments: Software, Services and Hardware. It sells a portfolio of hardware, software and services that combine to provide businesses with solutions.

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Institutional Ownership by Quarter for NCR (NYSE:NCR)

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