NCR Co. (NYSE:NCR) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totalling 8,765,200 shares, a growth of 9.8% from the May 30th total of 7,983,200 shares. Based on an average daily volume of 931,100 shares, the short-interest ratio is currently 9.4 days. Approximately 7.5% of the company’s shares are short sold.

NCR traded down $0.53 during trading on Monday, hitting $30.33. 679,900 shares of the stock were exchanged, compared to its average volume of 917,599. The stock has a 50 day moving average price of $31.17. The firm has a market capitalization of $3.71 billion, a price-to-earnings ratio of 11.58, a price-to-earnings-growth ratio of 2.77 and a beta of 1.63. NCR has a 1 year low of $20.93 and a 1 year high of $33.18. The company has a debt-to-equity ratio of 7.31, a quick ratio of 0.90 and a current ratio of 1.27.

NCR (NYSE:NCR) last released its quarterly earnings data on Tuesday, May 7th. The information technology services provider reported $0.48 EPS for the quarter, hitting the consensus estimate of $0.48. The company had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.52 billion. NCR had a positive return on equity of 91.22% and a negative net margin of 1.09%. NCR’s quarterly revenue was up 1.3% on a year-over-year basis. During the same period last year, the business posted $0.56 EPS. As a group, equities analysts forecast that NCR will post 2.78 EPS for the current year.

In other news, VP Daniel William Campbell sold 31,029 shares of the stock in a transaction that occurred on Monday, May 13th. The stock was sold at an average price of $29.98, for a total value of $930,249.42. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Adrian Button sold 4,639 shares of the stock in a transaction that occurred on Thursday, May 2nd. The stock was sold at an average price of $28.61, for a total value of $132,721.79. Following the completion of the sale, the senior vice president now owns 24,357 shares in the company, valued at $696,853.77. The disclosure for this sale can be found here. Insiders sold a total of 41,098 shares of company stock valued at $1,218,161 over the last ninety days. Corporate insiders own 1.00% of the company’s stock.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Carroll Financial Associates Inc. increased its holdings in NCR by 998.9% during the 2nd quarter. Carroll Financial Associates Inc. now owns 956 shares of the information technology services provider’s stock worth $29,000 after purchasing an additional 869 shares during the period. Tortoise Index Solutions LLC bought a new stake in NCR during the 1st quarter valued at $47,000. Advisor Group Inc. boosted its position in NCR by 30.4% during the 4th quarter. Advisor Group Inc. now owns 2,875 shares of the information technology services provider’s stock valued at $66,000 after acquiring an additional 670 shares in the last quarter. Quantamental Technologies LLC boosted its position in NCR by 71.1% during the 1st quarter. Quantamental Technologies LLC now owns 2,406 shares of the information technology services provider’s stock valued at $66,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Valeo Financial Advisors LLC boosted its position in NCR by 48.7% during the 1st quarter. Valeo Financial Advisors LLC now owns 2,679 shares of the information technology services provider’s stock valued at $73,000 after acquiring an additional 877 shares in the last quarter. Institutional investors own 94.37% of the company’s stock.

Several equities research analysts have recently weighed in on NCR shares. JPMorgan Chase & Co. set a €21.00 ($24.42) price target on Signify and gave the stock a “sell” rating in a report on Monday, March 25th. Zacks Investment Research upgraded Eutelsat Communications from a “hold” rating to a “strong-buy” rating and set a $21.00 price target on the stock in a report on Wednesday, June 12th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $35.29.

NCR Company Profile

NCR Corporation provides software and services for the financial, retail, hospitality, telecommunications, and technology industries worldwide. The company's Software segment offers industry-based software platforms, applications, and application suites for the financial services, retail, hospitality, and small business industries; and cash management software, video banking software, fraud and loss prevention, check and document imaging, remote-deposit capture, and customer-facing mobile and digital banking applications for the financial services industry.

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