XY Capital Ltd Invests $2.70 Million in NCR Atleos Corporation $NATL

XY Capital Ltd acquired a new position in NCR Atleos Corporation (NYSE:NATL) during the first quarter, HoldingsChannel.com reports. The institutional investor acquired 62,000 shares of the company’s stock, valued at approximately $2,702,000. NCR Atleos comprises 2.7% of XY Capital Ltd’s investment portfolio, making the stock its 15th biggest holding.

Several other hedge funds have also recently bought and sold shares of the company. Sound Income Strategies LLC grew its position in NCR Atleos by 245.7% in the 1st quarter. Sound Income Strategies LLC now owns 643 shares of the company’s stock worth $28,000 after purchasing an additional 457 shares during the last quarter. CIBC Private Wealth Group LLC boosted its position in shares of NCR Atleos by 66.7% during the fourth quarter. CIBC Private Wealth Group LLC now owns 690 shares of the company’s stock worth $26,000 after buying an additional 276 shares during the period. Eurizon Capital SGR S.p.A. bought a new position in NCR Atleos in the 4th quarter worth approximately $31,000. Global Retirement Partners LLC grew its holdings in NCR Atleos by 134.5% in the 4th quarter. Global Retirement Partners LLC now owns 1,210 shares of the company’s stock worth $46,000 after buying an additional 694 shares in the last quarter. Finally, Kestra Advisory Services LLC acquired a new stake in NCR Atleos in the 4th quarter valued at approximately $51,000. 88.66% of the stock is currently owned by institutional investors.

NCR Atleos Trading Up 1.5%

Shares of NYSE:NATL opened at $47.92 on Wednesday. The company has a 50 day moving average of $44.65 and a 200-day moving average of $43.10. The company has a current ratio of 0.98, a quick ratio of 0.78 and a debt-to-equity ratio of 6.83. The firm has a market cap of $3.54 billion, a P/E ratio of 20.66 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.

NCR Atleos (NYSE:NATL) last announced its 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 firm had revenue of $1.04 billion for the quarter. NCR Atleos had a return on equity of 78.64% and a net margin of 3.98%.NCR Atleos’s quarterly 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. As a group, analysts anticipate that NCR Atleos Corporation will post 4.52 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Weiss Ratings downgraded NCR Atleos from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 8th. DA Davidson reissued a “neutral” rating and set a $50.00 price target on shares of NCR Atleos in a report on Monday, May 11th. Finally, Zacks Research lowered NCR Atleos from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 27th. Six investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, NCR Atleos currently has a consensus 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.