Janus Henderson Group PLC raised its position in NCR Atleos Corporation (NYSE:NATL – Free Report) by 152.4% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 81,485 shares of the company’s stock after purchasing an additional 49,200 shares during the period. Janus Henderson Group PLC’s holdings in NCR Atleos were worth $3,551,000 as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. State Street Corp boosted its stake in shares of NCR Atleos by 0.9% in the 4th quarter. State Street Corp now owns 2,792,251 shares of the company’s stock worth $106,413,000 after buying an additional 25,510 shares during the last quarter. Engine Capital Management LP increased its position in shares of NCR Atleos by 7.2% during the fourth quarter. Engine Capital Management LP now owns 2,581,525 shares of the company’s stock valued at $98,382,000 after acquiring an additional 172,846 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in NCR Atleos by 3.7% during the first quarter. Dimensional Fund Advisors LP now owns 1,636,083 shares of the company’s stock worth $71,293,000 after acquiring an additional 58,745 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in NCR Atleos by 12.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,398,747 shares of the company’s stock worth $53,306,000 after acquiring an additional 157,429 shares during the period. Finally, Fourth Sail Capital LP purchased a new position in NCR Atleos in the fourth quarter worth $33,597,000. Institutional investors own 88.66% of the company’s stock.
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on NATL. DA Davidson reaffirmed a “neutral” rating and set a $50.00 target price on shares of NCR Atleos in a research report on Monday, May 11th. Zacks Research lowered shares of NCR Atleos from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 27th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of NCR Atleos in a report on Wednesday. Five research analysts have rated the stock with a Hold rating, According to MarketBeat, NCR Atleos currently has a consensus rating of “Hold” and an average price target of $50.27.
NCR Atleos Stock Up 0.2%
NATL stock opened at $46.61 on Friday. The stock has a fifty day moving average of $45.24 and a 200-day moving average of $43.78. NCR Atleos Corporation has a fifty-two week low of $33.31 and a fifty-two week high of $48.50. The company has a market capitalization of $3.44 billion, a price-to-earnings ratio of 18.07 and a beta of 0.57. The company has a debt-to-equity ratio of 5.84, a quick ratio of 0.78 and a current ratio of 1.03.
NCR Atleos (NYSE:NATL – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.89 by ($0.24). The business had revenue of $1.04 billion for the quarter. NCR Atleos had a net margin of 4.44% and a return on equity of 83.41%. The firm’s revenue was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.64 earnings per share. As a group, equities research analysts predict that NCR Atleos Corporation will post 4.52 earnings per share for the current year.
NCR Atleos Profile
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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