NCR Atleos Corporation $NATL is Clifford Capital Partners LLC’s 3rd Largest Position

Clifford Capital Partners LLC lowered its stake in shares of NCR Atleos Corporation (NYSE:NATL) by 14.7% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 628,054 shares of the company’s stock after selling 108,385 shares during the period. NCR Atleos makes up approximately 4.3% of Clifford Capital Partners LLC’s holdings, making the stock its 3rd biggest position. Clifford Capital Partners LLC owned approximately 0.85% of NCR Atleos worth $24,689,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Universal Beteiligungs und Servicegesellschaft mbH grew its stake in shares of NCR Atleos by 1.1% in the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 34,815 shares of the company’s stock worth $993,000 after acquiring an additional 370 shares during the period. Seizert Capital Partners LLC lifted its position in NCR Atleos by 63.0% during the second quarter. Seizert Capital Partners LLC now owns 123,668 shares of the company’s stock valued at $3,528,000 after purchasing an additional 47,781 shares during the period. Swiss National Bank lifted its position in NCR Atleos by 5.0% during the second quarter. Swiss National Bank now owns 140,180 shares of the company’s stock valued at $3,999,000 after purchasing an additional 6,700 shares during the period. JPMorgan Chase & Co. boosted its holdings in NCR Atleos by 5.0% in the second quarter. JPMorgan Chase & Co. now owns 124,694 shares of the company’s stock worth $3,558,000 after purchasing an additional 5,946 shares during the last quarter. Finally, Brandywine Global Investment Management LLC purchased a new stake in NCR Atleos in the second quarter worth approximately $3,684,000. Hedge funds and other institutional investors own 88.66% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on NATL shares. Stifel Nicolaus set a $50.40 target price on shares of NCR Atleos in a research note on Wednesday, March 4th. Wolfe Research downgraded NCR Atleos from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 27th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of NCR Atleos in a report on Thursday, January 22nd. DA Davidson reiterated a “neutral” rating and set a $50.00 price objective (down from $60.00) on shares of NCR Atleos in a research report on Friday, February 27th. Finally, Wedbush downgraded NCR Atleos from an “outperform” rating to a “hold” rating and increased their target price for the company from $45.00 to $50.40 in a report on Friday, February 27th. 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 a consensus price target of $50.27.

NCR Atleos Trading Down 0.4%

NCR Atleos stock opened at $44.14 on Friday. NCR Atleos Corporation has a 1 year low of $22.30 and a 1 year high of $48.50. The firm’s 50 day moving average price is $40.94 and its 200-day moving average price is $39.04. The company has a debt-to-equity ratio of 6.65, a current ratio of 0.96 and a quick ratio of 0.78. The stock has a market cap of $3.25 billion, a P/E ratio of 19.53 and a beta of 0.79.

NCR Atleos (NYSE:NATL) last issued its earnings results on Thursday, February 26th. The company reported $1.49 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.27. The firm had revenue of $1.15 billion during the quarter. NCR Atleos had a net margin of 3.92% and a return on equity of 84.28%. NCR Atleos’s revenue was up 4.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.11 EPS.

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.