Healthcare of Ontario Pension Plan Trust Fund Buys Shares of 70,000 NCR Atleos Corporation $NATL

Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of NCR Atleos Corporation (NYSE:NATL) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 70,000 shares of the company’s stock, valued at approximately $3,051,000.

Several other institutional investors and hedge funds also recently modified their holdings of NATL. State Street Corp raised its stake in shares of NCR Atleos by 0.9% during the fourth quarter. State Street Corp now owns 2,792,251 shares of the company’s stock valued at $106,413,000 after purchasing an additional 25,510 shares in the last quarter. Engine Capital Management LP increased its stake in NCR Atleos by 7.2% during the 4th quarter. Engine Capital Management LP now owns 2,581,525 shares of the company’s stock valued at $98,382,000 after buying an additional 172,846 shares during the period. Dimensional Fund Advisors LP increased its stake in NCR Atleos by 3.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,636,083 shares of the company’s stock valued at $71,293,000 after buying an additional 58,745 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of NCR Atleos by 12.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,398,747 shares of the company’s stock worth $53,306,000 after buying an additional 157,429 shares in the last quarter. Finally, Fourth Sail Capital LP bought a new stake in shares of NCR Atleos during the 4th quarter worth about $33,597,000. Institutional investors own 88.66% of the company’s stock.

NCR Atleos Trading Down 1.2%

NYSE:NATL opened at $46.92 on Friday. 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 1-year low of $29.07 and a 1-year high of $48.50. The firm has a market capitalization of $3.46 billion, a price-to-earnings ratio of 20.22 and a beta of 0.60. The stock has a fifty day simple moving average of $45.01 and a 200 day simple moving average of $43.52.

NCR Atleos (NYSE:NATL) last posted 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 quarter in the previous year, the firm posted $0.64 EPS. The company’s revenue for the quarter was up 6.5% on a year-over-year basis. Sell-side analysts forecast that NCR Atleos Corporation will post 4.52 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. DA Davidson reiterated a “neutral” rating and set a $50.00 price objective on shares of NCR Atleos in a research note on Monday, May 11th. Zacks Research lowered NCR Atleos from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 27th. 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 research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, NCR Atleos currently has an average rating of “Hold” and an average price target of $50.27.

NCR Atleos Company 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.