NCR Atleos Corporation $NATL Stock: New York Life Investment Management LLC Increases Position

New York Life Investment Management LLC boosted its position in shares of NCR Atleos Corporation (NYSE:NATL) by 28.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 110,529 shares of the company’s stock after purchasing an additional 24,437 shares during the period. New York Life Investment Management LLC owned approximately 0.15% of NCR Atleos worth $4,994,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Nisa Investment Advisors LLC boosted its position in NCR Atleos by 9.9% in the 3rd quarter. Nisa Investment Advisors LLC now owns 3,316 shares of the company’s stock valued at $150,000 after buying an additional 300 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of NCR Atleos during the second quarter worth about $83,000. Choreo LLC increased its position in shares of NCR Atleos by 11.7% during the third quarter. Choreo LLC now owns 20,447 shares of the company’s stock worth $924,000 after acquiring an additional 2,148 shares during the last quarter. Sterling Capital Management LLC increased its position in shares of NCR Atleos by 839.6% during the third quarter. Sterling Capital Management LLC now owns 2,443 shares of the company’s stock worth $110,000 after acquiring an additional 2,183 shares during the last quarter. Finally, Nykredit A S acquired a new position in shares of NCR Atleos in the second quarter worth about $161,000. 88.66% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Weiss Ratings raised NCR Atleos from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Wall Street Zen upgraded NCR Atleos to a “buy” rating in a report on Saturday, October 31st. One analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $50.27.

NCR Atleos Stock Performance

NCR Atleos stock opened at $48.23 on Friday. The company has a market cap of $3.57 billion, a PE ratio of 13.74 and a beta of 0.57. The company has a fifty day moving average price of $46.25 and a two-hundred day moving average price of $44.81. The company has a debt-to-equity ratio of 4.36, a current ratio of 0.90 and a quick ratio of 0.71. NCR Atleos Corporation has a 12 month low of $33.31 and a 12 month high of $48.60.

NCR Atleos (NYSE:NATL) last released its quarterly earnings data on Wednesday, November 4th. The company reported $1.35 earnings per share (EPS) for the quarter. The business had revenue of $1.10 billion during the quarter. NCR Atleos had a return on equity of 76.97% and a net margin of 6.07%.

NCR Atleos Company Profile

NCR Atleos Corporation provides automated teller machine (ATM) solutions and services to financial institutions, retailers and other businesses. Its offerings include ATM hardware and software, ATM deployment and management, transaction processing, and services that support cash replenishment and equipment maintenance. The company also provides managed ATM services, including solutions that allow customers to outsource parts or all of their ATM operations. Its services are designed to help clients maintain and operate ATM networks and provide consumers with access to cash and other self-service banking functions.