VIRGINIA RETIREMENT SYSTEMS ET Al Purchases 15,200 Shares of NCR Atleos Corporation $NATL

VIRGINIA RETIREMENT SYSTEMS ET Al raised its position in NCR Atleos Corporation (NYSE:NATL) by 227.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,892 shares of the company’s stock after acquiring an additional 15,200 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in NCR Atleos were worth $834,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Versor Investments LP bought a new position in NCR Atleos in the fourth quarter worth approximately $499,000. Seizert Capital Partners LLC raised its position in NCR Atleos by 3.4% in the fourth quarter. Seizert Capital Partners LLC now owns 125,738 shares of the company’s stock worth $4,792,000 after acquiring an additional 4,134 shares during the period. Keybank National Association OH raised its position in NCR Atleos by 8.6% in the fourth quarter. Keybank National Association OH now owns 16,775 shares of the company’s stock worth $639,000 after acquiring an additional 1,322 shares during the period. Comerica Bank raised its position in NCR Atleos by 10.6% in the fourth quarter. Comerica Bank now owns 39,258 shares of the company’s stock worth $1,496,000 after acquiring an additional 3,765 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH raised its position in NCR Atleos by 53.9% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 80,083 shares of the company’s stock worth $3,078,000 after acquiring an additional 28,046 shares during the period. 88.66% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on NATL shares. Wedbush downgraded shares of NCR Atleos from an “outperform” rating to a “hold” rating and increased their price target for the stock from $45.00 to $50.40 in a research report on Friday, February 27th. Zacks Research raised NCR Atleos from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 28th. Stifel Nicolaus set a $50.40 price objective on 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. Finally, Weiss Ratings downgraded NCR Atleos from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $50.27.

NCR Atleos Stock Down 0.0%

Shares of NATL stock opened at $44.54 on Monday. The company has a market capitalization of $3.29 billion, a price-to-earnings ratio of 19.20 and a beta of 0.61. NCR Atleos Corporation has a one year low of $23.56 and a one year high of $48.50. The company’s fifty day moving average price is $44.27 and its 200-day moving average price is $40.60. 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 issued its 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 for the quarter. NCR Atleos had a net margin of 3.98% and a return on equity of 78.64%. The company’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.64 earnings per share. Sell-side analysts expect that NCR Atleos Corporation will post 4.52 EPS for the current fiscal year.

About NCR Atleos

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.