13,100 Shares in NCR Atleos Corporation $NATL Bought by Versor Investments LP

Versor Investments LP acquired a new position in shares of NCR Atleos Corporation (NYSE:NATL) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 13,100 shares of the company’s stock, valued at approximately $499,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. First Horizon Corp bought a new position in shares of NCR Atleos in the third quarter worth $28,000. Jones Financial Companies Lllp grew its stake in shares of NCR Atleos by 407.5% in the third quarter. Jones Financial Companies Lllp now owns 878 shares of the company’s stock worth $34,000 after purchasing an additional 705 shares in the last quarter. Public Employees Retirement System of Ohio grew its stake in shares of NCR Atleos by 36.1% in the third quarter. Public Employees Retirement System of Ohio now owns 2,083 shares of the company’s stock worth $82,000 after purchasing an additional 552 shares in the last quarter. iSAM Funds UK Ltd bought a new position in shares of NCR Atleos in the third quarter worth $120,000. Finally, Advisory Services Network LLC bought a new position in shares of NCR Atleos in the third quarter worth $123,000. 88.66% of the stock is currently owned by institutional investors.

NCR Atleos Trading Up 0.8%

Shares of NCR Atleos stock opened at $45.06 on Friday. The company has a quick ratio of 0.78, a current ratio of 0.98 and a debt-to-equity ratio of 6.83. The firm has a market cap of $3.32 billion, a price-to-earnings ratio of 19.42 and a beta of 0.61. The business has a fifty day simple moving average of $44.32 and a 200-day simple moving average of $40.56. NCR Atleos Corporation has a fifty-two week low of $23.56 and a fifty-two week high of $48.50.

NCR Atleos (NYSE:NATL) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.89 by ($0.24). The firm had revenue of $1.04 billion during the quarter. NCR Atleos had a net margin of 3.98% and a return on equity of 78.64%. The firm’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same period last year, the business posted $0.64 EPS. On average, equities analysts forecast that NCR Atleos Corporation will post 4.52 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on NATL shares. Wedbush cut NCR Atleos from an “outperform” rating to a “hold” rating and increased their price target for the stock from $45.00 to $50.40 in a research note on Friday, February 27th. Zacks Research raised NCR Atleos from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 28th. Weiss Ratings cut NCR Atleos from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 8th. Wolfe Research cut NCR Atleos from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 27th. Finally, DA Davidson reissued a “neutral” rating and issued a $50.00 price target on shares of NCR Atleos in a research note on Monday. One analyst has rated the stock with a Strong Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $50.27.

NCR Atleos Profile

NCR Atleos Corporation operates as a financial technology company in the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through three segments: Self-Service Banking, Network, and Telecommunications & Technology (T&T). The Self-Service Banking segment offers solutions, including a line of automated teller machine (ATM) and interactive teller machine (ITM) hardware and software, as well as related installation, maintenance, and managed and professional services; and solutions to manage and run the ATM channel end-to-end for financial institutions comprising back office, cash management, software management and ATM deployment, and others.