Y Intercept Hong Kong Ltd Invests $1.08 Million in NCR Atleos Corporation $NATL

Y Intercept Hong Kong Ltd acquired a new stake in shares of NCR Atleos Corporation (NYSE:NATL) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 24,824 shares of the company’s stock, valued at approximately $1,082,000.

A number of other institutional investors have also recently made changes to their positions in the business. JCP Investment Management LLC purchased a new stake in shares of NCR Atleos during the third quarter worth about $10,225,000. Lombard Odier Asset Management USA Corp acquired a new stake in NCR Atleos in the 3rd quarter worth approximately $1,171,000. Wealth Enhancement Advisory Services LLC boosted its stake in NCR Atleos by 8.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 384,593 shares of the company’s stock worth $14,745,000 after purchasing an additional 29,360 shares in the last quarter. Penn Capital Management Company LLC purchased a new stake in NCR Atleos during the 3rd quarter worth approximately $11,553,000. Finally, Jones Kertz & Associates Inc. purchased a new stake in NCR Atleos during the 4th quarter worth approximately $1,449,000. Institutional investors and hedge funds own 88.66% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Zacks Research cut shares of NCR Atleos from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 27th. DA Davidson restated a “neutral” rating and issued a $50.00 target price on shares of NCR Atleos in a research note on Monday, May 11th. Finally, Weiss Ratings cut NCR Atleos from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 8th. Six equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $50.27.

NCR Atleos Stock Performance

Shares of NYSE:NATL traded up $0.18 during midday trading on Friday, reaching $44.95. The company’s stock had a trading volume of 477,226 shares, compared to its average volume of 716,816. The firm has a market capitalization of $3.32 billion, a PE ratio of 19.38 and a beta of 0.60. NCR Atleos Corporation has a twelve month low of $23.56 and a twelve month high of $48.50. The stock has a fifty day moving average of $44.32 and a 200 day moving average of $42.67. 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 (NYSE:NATL) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.89 by ($0.24). The business 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 business’s revenue was up 6.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.64 earnings per share. On average, equities analysts expect that NCR Atleos Corporation will post 4.52 EPS for the current fiscal year.

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.