Stoneridge Investment Partners LLC bought a new position in NCR Co. (NYSE:NCR) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 8,495 shares of the information technology services provider’s stock, valued at approximately $289,000.

Several other institutional investors have also bought and sold shares of NCR. Boston Partners purchased a new position in shares of NCR during the 4th quarter worth about $36,771,000. Rockefeller Financial Services Inc. boosted its stake 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 purchasing an additional 798,308 shares during the period. Ameriprise Financial Inc. boosted its stake 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 purchasing an additional 356,171 shares during the period. Sterling Capital Management LLC boosted its stake in shares of NCR by 9.5% during the 3rd quarter. Sterling Capital Management LLC now owns 2,959,613 shares of the information technology services provider’s stock worth $111,045,000 after purchasing an additional 256,201 shares during the period. Finally, Janus Henderson Group PLC boosted its stake in shares of NCR by 3,424.9% during the 2nd quarter. Janus Henderson Group PLC now owns 214,382 shares of the information technology services provider’s stock worth $8,755,000 after purchasing an additional 208,300 shares during the period. Hedge funds and other institutional investors own 89.41% of the company’s stock.

In other NCR news, EVP J. Robert Ciminera sold 1,937 shares of the business’s stock in a transaction dated Tuesday, January 23rd. The shares were sold at an average price of $37.36, for a total value of $72,366.32. Following the completion of the sale, 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 available through this link. 1.00% of the stock is owned by insiders.

NCR has been the subject of a number of recent analyst reports. Morgan Stanley dropped their price target on shares of NCR from $43.00 to $39.00 and set an “equal weight” rating for the company in a research note on Friday, October 20th. Royal Bank of Canada reaffirmed an “average” rating and set a $44.00 price target on shares of NCR in a research note on Friday, October 20th. They noted that the move was a valuation call. JPMorgan Chase & Co. set a $45.00 price objective on shares of NCR and gave the company a “buy” rating in a research report on Saturday, October 21st. Zacks Investment Research cut shares of NCR from a “hold” rating to a “strong sell” rating in a research report on Monday, October 23rd. Finally, ValuEngine raised shares of NCR from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $45.13.

Shares of NCR Co. (NYSE:NCR) opened at $33.51 on Friday. The stock has a market cap of $4,191.14, a PE ratio of 10.24 and a beta of 1.83. The company has a debt-to-equity ratio of 3.86, a current ratio of 1.42 and a quick ratio of 1.01. NCR Co. has a 52-week low of $29.20 and a 52-week high of $49.90.

NCR (NYSE:NCR) last released its quarterly earnings data on Thursday, February 8th. The information technology services provider reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.05. The company had revenue of $1.78 billion during the quarter, compared to analysts’ expectations of $1.75 billion. NCR had a net margin of 5.11% and a return on equity of 84.72%. The firm’s quarterly revenue was down 1.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.07 EPS. equities research analysts anticipate that NCR Co. will post 3.14 earnings per share for the current year.

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NCR 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.

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Institutional Ownership by Quarter for NCR (NYSE:NCR)

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