Versor Investments LP Takes $499,000 Position in NCR Atleos Corporation $NATL

Versor Investments LP acquired a new stake in NCR Atleos Corporation (NYSE:NATL) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 13,100 shares of the company’s stock, valued at approximately $499,000.

Several other institutional investors have also modified their holdings of NATL. New York State Common Retirement Fund lifted its holdings in shares of NCR Atleos by 844.6% during the third quarter. New York State Common Retirement Fund now owns 211,109 shares of the company’s stock valued at $8,299,000 after purchasing an additional 188,760 shares during the last quarter. Villanova Investment Management Co LLC lifted its holdings in shares of NCR Atleos by 52.3% during the third quarter. Villanova Investment Management Co LLC now owns 171,310 shares of the company’s stock valued at $6,734,000 after purchasing an additional 58,844 shares during the last quarter. K.J. Harrison & Partners Inc purchased a new stake in shares of NCR Atleos during the third quarter valued at $3,112,000. JCP Investment Management LLC purchased a new stake in shares of NCR Atleos during the third quarter valued at $10,225,000. Finally, WINTON GROUP Ltd lifted its holdings in shares of NCR Atleos by 174.9% during the third quarter. WINTON GROUP Ltd now owns 125,076 shares of the company’s stock valued at $4,917,000 after purchasing an additional 79,580 shares during the last quarter. Institutional investors and hedge funds own 88.66% of the company’s stock.

NCR Atleos Stock Up 0.8%

NYSE:NATL opened at $45.06 on Friday. The firm has a market capitalization of $3.32 billion, a price-to-earnings ratio of 19.42 and a beta of 0.61. NCR Atleos Corporation has a 1-year low of $23.56 and a 1-year high of $48.50. The company has a current ratio of 0.98, a quick ratio of 0.78 and a debt-to-equity ratio of 6.83. The business’s fifty day moving average price is $44.32 and its 200 day moving average price is $40.56.

NCR Atleos (NYSE:NATL) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.65 earnings per share 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 3.98% and a return on equity of 78.64%. The company’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.64 earnings per share. On average, sell-side analysts forecast that NCR Atleos Corporation will post 4.52 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Stifel Nicolaus set a $50.40 target price on NCR Atleos in a report on Wednesday, March 4th. Weiss Ratings downgraded NCR Atleos from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 8th. DA Davidson reaffirmed a “neutral” rating and set a $50.00 target price on shares of NCR Atleos in a report on Monday. Wedbush downgraded NCR Atleos from an “outperform” rating to a “hold” rating and upped their target price for the company from $45.00 to $50.40 in a report on Friday, February 27th. Finally, Zacks Research raised NCR Atleos from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $50.27.

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.