An issue of NCR Co. (NYSE:NCR) debt rose 0.9% as a percentage of its face value during trading on Wednesday. The debt issue has a 6.375% coupon and will mature on December 15, 2023. The debt is now trading at $104.36 and was trading at $104.00 last week. Price moves in a company’s debt in credit markets sometimes predict parallel moves in its stock price.

A number of equities research analysts have weighed in on NCR shares. Zacks Investment Research upgraded NCR from a “sell” rating to a “hold” rating in a research note on Wednesday, December 20th. Benchmark reiterated a “buy” rating and issued a $44.00 price objective on shares of NCR in a research note on Wednesday, February 7th. ValuEngine upgraded NCR from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. TheStreet cut NCR from a “b-” rating to a “c” rating in a research note on Friday, February 9th. Finally, DA Davidson started coverage on NCR in a research note on Wednesday, February 7th. They issued a “neutral” rating and a $39.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the stock. NCR currently has a consensus rating of “Buy” and a consensus price target of $45.25.

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NCR Co. (NCR) traded down $0.45 during trading on Wednesday, hitting $34.97. The stock had a trading volume of 450,575 shares, compared to its average volume of 1,271,701. NCR Co. has a twelve month low of $29.20 and a twelve month high of $45.92. The company has a debt-to-equity ratio of 4.07, a current ratio of 1.50 and a quick ratio of 1.09. The stock has a market capitalization of $4,130.00, a PE ratio of 19.43, a PEG ratio of 2.68 and a beta of 1.87.

NCR (NYSE:NCR) last released its quarterly earnings results on Thursday, February 8th. The information technology services provider reported $0.92 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.87 by $0.05. NCR had a return on equity of 80.11% and a net margin of 3.56%. The business had revenue of $1.78 billion during the quarter, compared to analysts’ expectations of $1.75 billion. During the same quarter in the prior year, the business earned $1.07 earnings per share. The company’s quarterly revenue was down 1.1% compared to the same quarter last year. sell-side analysts expect that NCR Co. will post 3.34 EPS for the current fiscal year.

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

Several institutional investors have recently added to or reduced their stakes in the company. Fuller & Thaler Asset Management Inc. raised its position in NCR by 392.3% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 6,400 shares of the information technology services provider’s stock worth $218,000 after acquiring an additional 5,100 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in NCR by 43.1% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,567 shares of the information technology services provider’s stock worth $223,000 after acquiring an additional 1,979 shares in the last quarter. Oakbrook Investments LLC purchased a new position in NCR in the fourth quarter worth $226,000. Financial Counselors Inc. raised its position in NCR by 34.5% in the fourth quarter. Financial Counselors Inc. now owns 7,475 shares of the information technology services provider’s stock worth $254,000 after acquiring an additional 1,918 shares in the last quarter. Finally, Ramsey Quantitative Systems purchased a new position in NCR in the fourth quarter worth $257,000. Institutional investors and hedge funds own 92.97% of the company’s stock.

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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.

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