Cornerstone Capital Management Holdings LLC. Has $3.53 Million Stake in NCR Co. (NCR)

Cornerstone Capital Management Holdings LLC. lifted its stake in shares of NCR Co. (NYSE:NCR) by 1,052.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 103,746 shares of the information technology services provider’s stock after acquiring an additional 94,746 shares during the period. Cornerstone Capital Management Holdings LLC. owned 0.09% of NCR worth $3,525,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of NCR. Wells Fargo & Company MN raised its holdings in shares of NCR by 15.6% during the 4th quarter. Wells Fargo & Company MN now owns 9,281,834 shares of the information technology services provider’s stock worth $315,488,000 after acquiring an additional 1,253,248 shares during the period. Alliancebernstein L.P. raised its holdings in shares of NCR by 23.8% during the 4th quarter. Alliancebernstein L.P. now owns 5,742,529 shares of the information technology services provider’s stock worth $195,189,000 after acquiring an additional 1,104,426 shares during the period. Boston Partners purchased a new position in shares of NCR during the 4th quarter worth $36,771,000. Rockefeller Financial Services Inc. raised its holdings in shares of NCR by 72.4% during the 4th quarter. Rockefeller Financial Services Inc. now owns 1,900,222 shares of the information technology services provider’s stock worth $64,589,000 after acquiring an additional 798,308 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in shares of NCR by 58.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 963,595 shares of the information technology services provider’s stock worth $36,155,000 after acquiring an additional 356,171 shares during the period. Institutional investors and hedge funds own 93.01% of the company’s stock.

How to Become a New Pot Stock Millionaire

NCR has been the topic of several analyst reports. Zacks Investment Research upgraded NCR from a “sell” rating to a “hold” rating in a report on Wednesday, December 20th. ValuEngine upgraded NCR from a “hold” rating to a “buy” rating in a report on Friday, December 1st. TheStreet downgraded NCR from a “b-” rating to a “c” rating in a research report on Friday, February 9th. Morgan Stanley cut their price objective on NCR from $41.00 to $40.00 and set an “equal weight” rating for the company in a research report on Friday, February 9th. Finally, Benchmark reissued a “buy” rating and set a $44.00 price objective on shares of NCR in a research report on Wednesday, February 7th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. NCR presently has an average rating of “Hold” and an average price target of $43.33.

Shares of NCR stock opened at $30.27 on Friday. The company has a current ratio of 1.50, a quick ratio of 1.09 and a debt-to-equity ratio of 4.07. The stock has a market capitalization of $3,723.68, a PE ratio of 36.04, a P/E/G ratio of 2.36 and a beta of 1.87. NCR Co. has a 52-week low of $29.20 and a 52-week high of $45.92.

NCR (NYSE:NCR) last issued its quarterly earnings data on Thursday, February 8th. The information technology services provider reported $0.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.87 by $0.05. The firm had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.75 billion. NCR had a return on equity of 80.11% and a net margin of 3.56%. The company’s quarterly revenue was down 1.1% on a year-over-year basis. During the same period last year, the company earned $1.07 EPS. analysts predict that NCR Co. will post 3.34 earnings per share for the current fiscal year.

In other NCR news, EVP J. Robert Ciminera sold 1,937 shares of NCR stock in a transaction dated Tuesday, January 23rd. The stock was sold at an average price of $37.36, for a total value of $72,366.32. Following the completion of the transaction, the executive vice president now directly owns 6,802 shares of the company’s stock, valued at approximately $254,122.72. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Paul Langenbahn sold 4,522 shares of NCR stock in a transaction dated Monday, March 5th. The shares were sold at an average price of $33.90, for a total value of $153,295.80. The disclosure for this sale can be found here. 1.00% of the stock is currently owned by company insiders.

COPYRIGHT VIOLATION NOTICE: “Cornerstone Capital Management Holdings LLC. Has $3.53 Million Stake in NCR Co. (NCR)” was posted by Ticker Report and is the sole property of of Ticker Report. If you are accessing this report on another site, it was illegally stolen and reposted in violation of international trademark & copyright law. The legal version of this report can be read at https://www.tickerreport.com/banking-finance/3298532/cornerstone-capital-management-holdings-llc-has-3-53-million-stake-in-ncr-co-ncr.html.

NCR Company Profile

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.

Institutional Ownership by Quarter for NCR (NYSE:NCR)

Receive News & Ratings for NCR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NCR and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Citizens Financial Group  Declares Quarterly Dividend of $0.22
Citizens Financial Group Declares Quarterly Dividend of $0.22
Karbo 24-Hour Trading Volume Reaches $27,680.00
Karbo 24-Hour Trading Volume Reaches $27,680.00
eBoost Tops 1-Day Volume of $1.50 Million
eBoost Tops 1-Day Volume of $1.50 Million
SLAM Exploration  Scheduled to Post Quarterly Earnings on Tuesday
SLAM Exploration Scheduled to Post Quarterly Earnings on Tuesday
Head to Head Survey: Sky Solar  and Its Competitors
Head to Head Survey: Sky Solar and Its Competitors
Investment Technology Group  Receives Average Rating of “Hold” from Analysts
Investment Technology Group Receives Average Rating of “Hold” from Analysts


© 2006-2018 Ticker Report. Google+.