NCR Atleos Corporation $NATL Shares Bought by New York State Common Retirement Fund

New York State Common Retirement Fund increased its position in shares of NCR Atleos Corporation (NYSE:NATL) by 844.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 211,109 shares of the company’s stock after buying an additional 188,760 shares during the quarter. New York State Common Retirement Fund owned about 0.29% of NCR Atleos worth $8,299,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in NATL. First Horizon Corp purchased a new position in shares of NCR Atleos during the 3rd quarter worth $28,000. Salomon & Ludwin LLC lifted its holdings in shares of NCR Atleos by 1,327.5% in the 3rd quarter. Salomon & Ludwin LLC now owns 728 shares of the company’s stock worth $29,000 after acquiring an additional 677 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its position in shares of NCR Atleos by 60.1% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,023 shares of the company’s stock worth $29,000 after purchasing an additional 384 shares during the period. Blue Trust Inc. increased its holdings in NCR Atleos by 27.8% in the 3rd quarter. Blue Trust Inc. now owns 1,720 shares of the company’s stock valued at $68,000 after purchasing an additional 374 shares during the last quarter. Finally, CWM LLC raised its position in NCR Atleos by 43.7% in the third quarter. CWM LLC now owns 4,419 shares of the company’s stock valued at $174,000 after purchasing an additional 1,343 shares during the period. 88.66% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on NATL shares. Wedbush reaffirmed an “outperform” rating and issued a $45.00 price objective on shares of NCR Atleos in a research note on Friday, November 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of NCR Atleos in a research note on Thursday, January 22nd. Finally, Wall Street Zen lowered shares of NCR Atleos from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 8th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $41.00.

NCR Atleos Price Performance

Shares of NYSE NATL opened at $38.45 on Thursday. NCR Atleos Corporation has a 1 year low of $22.30 and a 1 year high of $42.23. The stock has a market cap of $2.84 billion, a P/E ratio of 21.60 and a beta of 0.97. The company has a debt-to-equity ratio of 8.43, a current ratio of 1.02 and a quick ratio of 0.80. The business’s 50-day simple moving average is $38.27.

NCR Atleos (NYSE:NATL) last posted its earnings results on Wednesday, November 5th. The company reported $1.09 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.19. The firm had revenue of $1.12 billion during the quarter. NCR Atleos had a return on equity of 84.80% and a net margin of 3.11%.NCR Atleos’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.89 EPS.

About NCR Atleos

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.