Royce & Associates LP Lowers Stake in NCR Atleos Corporation $NATL

Royce & Associates LP lowered its stake in shares of NCR Atleos Corporation (NYSE:NATL) by 11.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 432,416 shares of the company’s stock after selling 53,523 shares during the quarter. Royce & Associates LP’s holdings in NCR Atleos were worth $16,479,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Jones Financial Companies Lllp grew its holdings in shares of NCR Atleos by 407.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 878 shares of the company’s stock valued at $34,000 after purchasing an additional 705 shares during the last quarter. Global Retirement Partners LLC grew its holdings in shares of NCR Atleos by 134.5% during the 4th quarter. Global Retirement Partners LLC now owns 1,210 shares of the company’s stock valued at $46,000 after purchasing an additional 694 shares during the last quarter. Public Employees Retirement System of Ohio grew its holdings in shares of NCR Atleos by 36.1% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 2,083 shares of the company’s stock valued at $82,000 after purchasing an additional 552 shares during the last quarter. iSAM Funds UK Ltd bought a new position in shares of NCR Atleos during the 3rd quarter valued at $120,000. Finally, Advisory Services Network LLC bought a new position in shares of NCR Atleos during the 3rd quarter valued at $123,000. Hedge funds and other institutional investors own 88.66% of the company’s stock.

NCR Atleos Trading Up 1.1%

NYSE:NATL opened at $45.17 on Wednesday. The company has a 50-day moving average price of $44.26 and a 200-day moving average price of $40.99. NCR Atleos Corporation has a 12 month low of $23.56 and a 12 month 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 stock has a market cap of $3.33 billion, a price-to-earnings ratio of 19.47 and a beta of 0.61.

NCR Atleos (NYSE:NATL) last posted its earnings results on Wednesday, May 6th. The company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.89 by ($0.24). NCR Atleos had a return on equity of 78.64% and a net margin of 3.98%.The company had revenue of $1.04 billion during the quarter. During the same period last year, the company posted $0.64 earnings per share. The company’s revenue for the quarter was up 6.5% on a year-over-year basis. Equities analysts predict that NCR Atleos Corporation will post 4.52 EPS for the current year.

Analyst Ratings Changes

Several research firms recently commented on NATL. Wolfe Research lowered shares of NCR Atleos from a “strong-buy” rating to a “hold” rating in a report on Friday, February 27th. Stifel Nicolaus set a $50.40 target price on shares of NCR Atleos in a report on Wednesday, March 4th. DA Davidson reaffirmed a “neutral” rating and set a $50.00 target price on shares of NCR Atleos in a report on Monday, May 11th. Wedbush lowered shares of NCR Atleos from an “outperform” rating to a “hold” rating and increased their target price for the company from $45.00 to $50.40 in a report on Friday, February 27th. Finally, Weiss Ratings lowered shares of NCR Atleos from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, NCR Atleos has a consensus rating of “Hold” and an average target price of $50.27.

NCR Atleos Company 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.