LSV Asset Management cut its holdings in NCR Atleos Corporation (NYSE:NATL – Free Report) by 7.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,097,999 shares of the company’s stock after selling 91,200 shares during the quarter. LSV Asset Management’s holdings in NCR Atleos were worth $41,845,000 at the end of the most recent reporting period.
Other hedge funds have also added to or reduced their stakes in the company. Jones Financial Companies Lllp boosted its holdings in NCR Atleos by 407.5% in the third quarter. Jones Financial Companies Lllp now owns 878 shares of the company’s stock valued at $34,000 after acquiring an additional 705 shares during the last quarter. Global Retirement Partners LLC boosted its holdings in NCR Atleos by 134.5% in the fourth quarter. Global Retirement Partners LLC now owns 1,210 shares of the company’s stock valued at $46,000 after acquiring an additional 694 shares during the last quarter. Public Employees Retirement System of Ohio boosted its holdings in NCR Atleos by 36.1% in the third quarter. Public Employees Retirement System of Ohio now owns 2,083 shares of the company’s stock valued at $82,000 after acquiring an additional 552 shares during the last quarter. iSAM Funds UK Ltd bought a new position in NCR Atleos in the third quarter valued at about $120,000. Finally, Advisory Services Network LLC bought a new position in NCR Atleos in the third quarter valued at about $123,000. Institutional investors own 88.66% of the company’s stock.
NCR Atleos Price Performance
Shares of NATL opened at $44.66 on Monday. The company has a current ratio of 0.98, a quick ratio of 0.78 and a debt-to-equity ratio of 6.83. NCR Atleos Corporation has a 1 year low of $23.56 and a 1 year high of $48.50. The stock has a market cap of $3.30 billion, a P/E ratio of 19.25 and a beta of 0.61. The stock’s 50-day moving average price is $44.23 and its two-hundred day moving average price is $40.88.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on the company. Wedbush cut NCR Atleos from an “outperform” rating to a “hold” rating and raised their price target for the company from $45.00 to $50.40 in a report on Friday, February 27th. Stifel Nicolaus set a $50.40 price target on NCR Atleos in a report on Wednesday, March 4th. DA Davidson reiterated a “neutral” rating and issued a $50.00 price target on shares of NCR Atleos in a report on Monday, May 11th. Zacks Research upgraded NCR Atleos from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 28th. Finally, Weiss Ratings cut NCR Atleos from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $50.27.
Check Out Our Latest Research Report on NCR Atleos
About NCR Atleos
NCR Atleos Corporation operates as a financial technology company in the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through three segments: Self-Service Banking, Network, and Telecommunications & Technology (T&T). The Self-Service Banking segment offers solutions, including a line of automated teller machine (ATM) and interactive teller machine (ITM) hardware and software, as well as related installation, maintenance, and managed and professional services; and solutions to manage and run the ATM channel end-to-end for financial institutions comprising back office, cash management, software management and ATM deployment, and others.
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