Public Sector Pension Investment Board Acquires 36,590 Shares of NCR Atleos Corporation $NATL

Public Sector Pension Investment Board boosted its holdings in NCR Atleos Corporation (NYSE:NATL) by 14.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 287,030 shares of the company’s stock after buying an additional 36,590 shares during the period. Public Sector Pension Investment Board owned approximately 0.39% of NCR Atleos worth $11,283,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. First Horizon Corp purchased a new position in shares of NCR Atleos in the third quarter valued at $28,000. Salomon & Ludwin LLC grew its holdings in NCR Atleos by 1,327.5% during the 3rd quarter. Salomon & Ludwin LLC now owns 728 shares of the company’s stock valued at $29,000 after buying an additional 677 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in NCR Atleos by 407.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 878 shares of the company’s stock valued at $34,000 after buying an additional 705 shares in the last quarter. Steward Partners Investment Advisory LLC increased its position in shares of NCR Atleos by 60.1% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,023 shares of the company’s stock valued at $29,000 after buying an additional 384 shares during the period. Finally, Blue Trust Inc. lifted its holdings in shares of NCR Atleos by 27.8% in the third quarter. Blue Trust Inc. now owns 1,720 shares of the company’s stock worth $68,000 after buying an additional 374 shares in the last quarter. Hedge funds and other institutional investors own 88.66% of the company’s stock.

Wall Street Analysts Forecast Growth

NATL has been the subject of several recent analyst reports. Wedbush reaffirmed an “outperform” rating and set a $45.00 price objective on shares of NCR Atleos in a research note on Friday, November 7th. Weiss Ratings restated a “hold (c)” rating on shares of NCR Atleos in a research report on Thursday, January 22nd. Finally, Wall Street Zen downgraded NCR Atleos from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, NCR Atleos has an average rating of “Hold” and a consensus price target of $41.00.

NCR Atleos Stock Performance

NYSE NATL opened at $42.19 on Monday. NCR Atleos Corporation has a 52-week low of $22.30 and a 52-week high of $43.27. The stock’s fifty day moving average is $38.79. The company has a market cap of $3.12 billion, a P/E ratio of 23.70 and a beta of 0.97. 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.