UBS Group AG Has $2.94 Million Position in NCR Atleos Corporation $NATL

UBS Group AG reduced its holdings in NCR Atleos Corporation (NYSE:NATL) by 63.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 77,225 shares of the company’s stock after selling 131,452 shares during the quarter. UBS Group AG’s holdings in NCR Atleos were worth $2,943,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. State Street Corp increased its stake in NCR Atleos by 1.2% in the second quarter. State Street Corp now owns 2,761,117 shares of the company’s stock valued at $78,775,000 after purchasing an additional 31,684 shares in the last quarter. Simcoe Capital Management LLC bought a new stake in NCR Atleos in the second quarter valued at approximately $20,282,000. Bank of America Corp DE increased its stake in NCR Atleos by 5.3% in the second quarter. Bank of America Corp DE now owns 581,465 shares of the company’s stock valued at $16,589,000 after purchasing an additional 29,437 shares in the last quarter. Capital International Investors bought a new stake in NCR Atleos in the third quarter valued at approximately $16,466,000. Finally, Barclays PLC increased its stake in NCR Atleos by 182.9% in the third quarter. Barclays PLC now owns 404,694 shares of the company’s stock valued at $15,909,000 after purchasing an additional 261,624 shares in the last quarter. Institutional investors own 88.66% of the company’s stock.

NCR Atleos Stock Down 0.1%

Shares of NATL stock opened at $44.66 on Tuesday. The firm has a fifty day moving average of $44.24 and a 200-day moving average of $40.94. The company has a quick ratio of 0.78, a current ratio of 0.98 and a debt-to-equity ratio of 6.83. NCR Atleos Corporation has a 12-month low of $23.56 and a 12-month high of $48.50. The company has a market capitalization of $3.30 billion, a price-to-earnings ratio of 19.25 and a beta of 0.61.

NCR Atleos (NYSE:NATL) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by ($0.24). NCR Atleos had a return on equity of 78.64% and a net margin of 3.98%.The company had revenue of $1.04 billion for the quarter. During the same period last year, the company earned $0.64 earnings per share. The firm’s quarterly revenue was up 6.5% compared to the same quarter last year. As a group, equities research analysts predict that NCR Atleos Corporation will post 4.52 earnings per share for the current fiscal year.

Analysts Set New Price Targets

NATL has been the subject of several recent analyst reports. Wedbush downgraded shares of NCR Atleos from an “outperform” rating to a “hold” rating and upped their target price for the company from $45.00 to $50.40 in a research note on Friday, February 27th. Weiss Ratings downgraded shares of NCR Atleos from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 8th. Wolfe Research downgraded shares of NCR Atleos from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 27th. Zacks Research raised shares of NCR Atleos from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 28th. Finally, DA Davidson reaffirmed a “neutral” rating and issued a $50.00 target price on shares of NCR Atleos in a research note on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price 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.