24,877 NCR Atleos Corporation $NATL Shares Bought by King Luther Capital Management Corp

King Luther Capital Management Corp lifted its holdings in shares of NCR Atleos Corporation (NYSE:NATL) by 7.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 356,379 shares of the company’s stock after purchasing an additional 24,877 shares during the period. King Luther Capital Management Corp owned 0.48% of NCR Atleos worth $16,101,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Maryland State Retirement & Pension System increased its holdings in NCR Atleos by 53.9% in the third quarter. Maryland State Retirement & Pension System now owns 16,616 shares of the company’s stock worth $751,000 after purchasing an additional 5,818 shares in the last quarter. New York Life Investment Management LLC lifted its stake in NCR Atleos by 28.4% in the third quarter. New York Life Investment Management LLC now owns 110,529 shares of the company’s stock valued at $4,994,000 after buying an additional 24,437 shares during the period. CenterBook Partners LP acquired a new position in NCR Atleos in the third quarter valued at approximately $466,000. Choreo LLC boosted its holdings in shares of NCR Atleos by 11.7% during the 3rd quarter. Choreo LLC now owns 20,447 shares of the company’s stock worth $924,000 after buying an additional 2,148 shares in the last quarter. Finally, Tectonic Advisors LLC boosted its holdings in shares of NCR Atleos by 24.4% during the 3rd quarter. Tectonic Advisors LLC now owns 37,000 shares of the company’s stock worth $1,672,000 after buying an additional 7,266 shares in the last quarter. Institutional investors and hedge funds own 88.66% of the company’s stock.

NCR Atleos Price Performance

NATL stock opened at $48.23 on Friday. The stock has a market capitalization of $3.57 billion, a PE ratio of 13.74 and a beta of 0.57. The company’s 50-day moving average is $46.25 and its 200-day moving average is $44.81. The company has a debt-to-equity ratio of 4.36, a current ratio of 0.90 and a quick ratio of 0.71. NCR Atleos Corporation has a 1 year low of $33.31 and a 1 year high of $48.60.

NCR Atleos (NYSE:NATL) last issued its earnings results on Wednesday, November 4th. The company reported $1.35 EPS for the quarter. NCR Atleos had a return on equity of 76.97% and a net margin of 6.07%. The business had revenue of $1.10 billion during the quarter.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Weiss Ratings raised shares of NCR Atleos from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Wall Street Zen upgraded shares of NCR Atleos to a “buy” rating in a research report on Saturday, October 31st. One analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $50.27.

NCR Atleos Profile

NCR Atleos Corporation provides automated teller machine (ATM) solutions and services to financial institutions, retailers and other businesses. Its offerings include ATM hardware and software, ATM deployment and management, transaction processing, and services that support cash replenishment and equipment maintenance. The company also provides managed ATM services, including solutions that allow customers to outsource parts or all of their ATM operations. Its services are designed to help clients maintain and operate ATM networks and provide consumers with access to cash and other self-service banking functions.