Caxton Associates LLP Acquires New Position in NCR Atleos Corporation $NATL

Caxton Associates LLP purchased a new stake in NCR Atleos Corporation (NYSE:NATL) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 138,281 shares of the company’s stock, valued at approximately $6,026,000.

Several other institutional investors and hedge funds also recently bought and sold shares of NATL. 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 worth $26,000 after acquiring an additional 276 shares during the period. Sound Income Strategies LLC boosted its stake in NCR Atleos by 245.7% in the 1st quarter. Sound Income Strategies LLC now owns 643 shares of the company’s stock worth $28,000 after purchasing an additional 457 shares during the period. Eurizon Capital SGR S.p.A. purchased a new position in NCR Atleos during the 4th quarter valued at about $31,000. Global Retirement Partners LLC grew its holdings in NCR Atleos by 134.5% during the 4th quarter. Global Retirement Partners LLC now owns 1,210 shares of the company’s stock valued at $46,000 after buying an additional 694 shares in the last quarter. Finally, Kestra Advisory Services LLC bought a new stake in shares of NCR Atleos during the fourth quarter valued at about $51,000. 88.66% of the stock is owned by institutional investors.

NCR Atleos Stock Performance

NCR Atleos stock opened at $47.54 on Friday. The firm’s fifty day moving average price is $44.76 and its 200-day moving average price is $43.24. The company has a debt-to-equity ratio of 6.83, a quick ratio of 0.78 and a current ratio of 0.98. The stock has a market cap of $3.51 billion, a P/E ratio of 20.49 and a beta of 0.60. NCR Atleos Corporation has a fifty-two week low of $23.56 and a fifty-two week high of $48.50.

NCR Atleos (NYSE:NATL) last announced 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 company 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 quarterly revenue was up 6.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.64 EPS. On average, equities research analysts expect that NCR Atleos Corporation will post 4.52 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

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.