24,437 NCR Atleos Corporation $NATL Shares Acquired by New York Life Investment Management LLC

New York Life Investment Management LLC raised its position in shares of NCR Atleos Corporation (NYSE:NATL) by 28.4% in the third quarter, Holdings Channel.com reports. The institutional investor owned 110,529 shares of the company’s stock after buying an additional 24,437 shares during the period. New York Life Investment Management LLC’s holdings in NCR Atleos were worth $4,994,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CenterBook Partners LP acquired a new stake in shares of NCR Atleos during the third quarter valued at approximately $466,000. Choreo LLC boosted its stake in NCR Atleos by 11.7% in the 3rd quarter. Choreo LLC now owns 20,447 shares of the company’s stock worth $924,000 after purchasing an additional 2,148 shares during the period. Tectonic Advisors LLC boosted its stake in NCR Atleos by 24.4% in the 3rd quarter. Tectonic Advisors LLC now owns 37,000 shares of the company’s stock worth $1,672,000 after purchasing an additional 7,266 shares during the period. Sterling Capital Management LLC boosted its stake in NCR Atleos by 839.6% in the 3rd quarter. Sterling Capital Management LLC now owns 2,443 shares of the company’s stock worth $110,000 after purchasing an additional 2,183 shares during the period. Finally, Nisa Investment Advisors LLC grew its position in NCR Atleos by 9.9% during the 3rd quarter. Nisa Investment Advisors LLC now owns 3,316 shares of the company’s stock worth $150,000 after purchasing an additional 300 shares in the last quarter. 88.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have issued reports on NATL shares. Wall Street Zen raised shares of NCR Atleos to a “buy” rating in a research note on Saturday, October 31st. Weiss Ratings raised NCR Atleos from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. One research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $50.27.

NCR Atleos Stock Performance

Shares of NYSE NATL opened at $48.23 on Friday. The company has a debt-to-equity ratio of 4.36, a current ratio of 0.90 and a quick ratio of 0.71. NCR Atleos Corporation has a one year low of $33.31 and a one year high of $48.60. The business’s 50-day moving average price is $46.25 and its two-hundred day moving average price is $44.81. The company has a market capitalization of $3.57 billion, a P/E ratio of 13.74 and a beta of 0.57.

NCR Atleos (NYSE:NATL) last posted its quarterly earnings results on Wednesday, November 4th. The company reported $1.35 earnings per share for the quarter. NCR Atleos had a return on equity of 76.97% and a net margin of 6.07%. The company had revenue of $1.10 billion during the quarter.

About NCR Atleos

NCR Atleos Corporation provides automated teller machine (ATM) solutions and services to financial institutions, retailers and other businesses. Its offerings include ATM hardware and software, ATM deployment and management, transaction processing, and services that support cash replenishment and equipment maintenance. The company also provides managed ATM services, including solutions that allow customers to outsource parts or all of their ATM operations. Its services are designed to help clients maintain and operate ATM networks and provide consumers with access to cash and other self-service banking functions.