NCR Atleos Corporation $NATL Stock Position Boosted by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its stake in shares of NCR Atleos Corporation (NYSE:NATL) by 3.7% during the 1st quarter, Holdings Channel reports. The institutional investor owned 1,636,083 shares of the company’s stock after buying an additional 58,745 shares during the period. Dimensional Fund Advisors LP’s holdings in NCR Atleos were worth $71,293,000 at the end of the most recent reporting period.

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

Analyst Ratings Changes

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

NCR Atleos Stock Up 0.3%

NATL stock opened at $47.02 on Friday. NCR Atleos Corporation has a 12 month low of $29.07 and a 12 month high of $48.50. The firm has a market cap of $3.47 billion, a PE ratio of 20.27 and a beta of 0.60. The firm has a 50 day simple moving average of $45.06 and a 200 day simple moving average of $43.55. The company has a debt-to-equity ratio of 6.83, a current ratio of 0.98 and a quick ratio of 0.78.

NCR Atleos (NYSE:NATL) last posted its quarterly earnings results 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). The business had revenue of $1.04 billion during the quarter. NCR Atleos had a return on equity of 78.64% and a net margin of 3.98%.The business’s revenue was up 6.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.64 EPS. Equities research analysts forecast that NCR Atleos Corporation will post 4.52 earnings per share for the current fiscal year.

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.