LSV Asset Management Sells 168,658 Shares of NCR Atleos Corporation $NATL

LSV Asset Management lessened its holdings in NCR Atleos Corporation (NYSE:NATL) by 12.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,189,199 shares of the company’s stock after selling 168,658 shares during the quarter. LSV Asset Management owned about 1.62% of NCR Atleos worth $46,747,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in NATL. State Street Corp grew its stake in shares of NCR Atleos by 1.2% in the 2nd quarter. State Street Corp now owns 2,761,117 shares of the company’s stock worth $78,775,000 after buying an additional 31,684 shares during the last quarter. Engine Capital Management LP grew its stake in shares of NCR Atleos by 22.3% in the second quarter. Engine Capital Management LP now owns 2,415,779 shares of the company’s stock worth $68,922,000 after acquiring an additional 440,741 shares during the last quarter. Clifford Capital Partners LLC increased its holdings in shares of NCR Atleos by 3.0% during the second quarter. Clifford Capital Partners LLC now owns 736,439 shares of the company’s stock valued at $21,011,000 after acquiring an additional 21,766 shares in the last quarter. Simcoe Capital Management LLC bought a new position in shares of NCR Atleos during the second quarter valued at $20,282,000. Finally, Bank of America Corp DE raised its position in shares of NCR Atleos by 5.3% in the 2nd quarter. Bank of America Corp DE now owns 581,465 shares of the company’s stock worth $16,589,000 after purchasing an additional 29,437 shares during the last quarter. 88.66% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Weiss Ratings restated a “hold (c)” rating on shares of NCR Atleos in a research note on Thursday, January 22nd. Wall Street Zen cut shares of NCR Atleos from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 8th. Finally, Wedbush restated an “outperform” rating and issued a $45.00 price objective on shares of NCR Atleos in a report on Friday, November 7th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, NCR Atleos has a consensus rating of “Hold” and a consensus target price of $41.00.

NCR Atleos Stock Up 2.2%

NATL opened at $42.19 on Friday. The stock has a market capitalization of $3.12 billion, a PE ratio of 23.70 and a beta of 0.97. The firm’s 50 day moving average is $38.79. NCR Atleos Corporation has a twelve month low of $22.30 and a twelve month high of $43.27. The company has a debt-to-equity ratio of 8.43, a current ratio of 1.02 and a quick ratio of 0.80.

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.