Calamos Wealth Management LLC decreased its stake in NCR Co. (NYSE:NCR) by 32.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 19,246 shares of the information technology services provider’s stock after selling 9,253 shares during the quarter. Calamos Wealth Management LLC’s holdings in NCR were worth $654,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Aperio Group LLC grew its position in shares of NCR by 10.0% in the third quarter. Aperio Group LLC now owns 42,660 shares of the information technology services provider’s stock valued at $1,601,000 after purchasing an additional 3,864 shares during the period. Aurora Investment Counsel acquired a new stake in shares of NCR in the fourth quarter valued at about $2,063,000. Empirical Finance LLC acquired a new position in NCR during the fourth quarter worth about $1,180,000. FDx Advisors Inc. boosted its position in NCR by 24.1% during the third quarter. FDx Advisors Inc. now owns 42,091 shares of the information technology services provider’s stock worth $1,579,000 after acquiring an additional 8,173 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in NCR by 1.3% during the third quarter. Bank of New York Mellon Corp now owns 2,766,677 shares of the information technology services provider’s stock worth $103,806,000 after acquiring an additional 36,796 shares during the last quarter. Institutional investors and hedge funds own 90.94% of the company’s stock.
NCR Co. (NYSE:NCR) opened at $33.12 on Wednesday. The company has a debt-to-equity ratio of 4.07, a quick ratio of 1.09 and a current ratio of 1.50. NCR Co. has a 52 week low of $29.20 and a 52 week high of $49.90. The company has a market cap of $3,973.54, a PE ratio of 39.43, a price-to-earnings-growth ratio of 2.44 and a beta of 1.83.
In other NCR news, EVP J. Robert Ciminera sold 1,937 shares of NCR stock in a transaction dated Tuesday, January 23rd. The shares were sold at an average price of $37.36, for a total transaction of $72,366.32. Following the transaction, the executive vice president now directly owns 6,802 shares of the company’s stock, valued at $254,122.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.00% of the stock is owned by insiders.
A number of research firms recently weighed in on NCR. TheStreet lowered shares of NCR from a “b-” rating to a “c” rating in a research report on Friday, February 9th. Morgan Stanley lowered their price target on shares of NCR from $41.00 to $40.00 and set an “equal weight” rating on the stock in a research report on Friday, February 9th. ValuEngine lowered shares of NCR from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Benchmark restated a “buy” rating and set a $44.00 price target on shares of NCR in a research report on Wednesday, February 7th. Finally, Zacks Investment Research upgraded shares of NCR from a “sell” rating to a “hold” rating in a research report on Wednesday, December 20th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $45.25.
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NCR Corporation is a provider of Omni-channel technology solutions that enable businesses connect, interact and transact with their customers. The Company operates through three segments: Software, Services and Hardware. It sells a portfolio of hardware, software and services that combine to provide businesses with solutions.
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