Bank of New York Mellon Corp acquired a new position in shares of NCR Atleos Corporation (NYSE:NATL - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 466,251 shares of the company's stock, valued at approximately $20,240,000. Bank of New York Mellon Corp owned 0.63% of NCR Atleos as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also made changes to their positions in the company. Sound Income Strategies LLC increased its position in shares of NCR Atleos by 245.7% during the first quarter. Sound Income Strategies LLC now owns 643 shares of the company's stock valued at $28,000 after purchasing an additional 457 shares during the period. CIBC Private Wealth Group LLC lifted its position in 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 purchasing an additional 276 shares during the period. Eurizon Capital SGR S.p.A. acquired a new stake in NCR Atleos during the fourth quarter worth $31,000. Global Retirement Partners LLC boosted its stake in NCR Atleos by 134.5% during the fourth quarter. Global Retirement Partners LLC now owns 1,210 shares of the company's stock worth $46,000 after buying an additional 694 shares in the last quarter. Finally, Kestra Advisory Services LLC bought a new stake in NCR Atleos in the 4th quarter valued at $51,000. Institutional investors and hedge funds own 88.66% of the company's stock.
NCR Atleos Stock Performance
NYSE:NATL opened at $46.29 on Monday. NCR Atleos Corporation has a 1 year low of $33.31 and a 1 year high of $48.50. The firm has a 50 day moving average of $45.95 and a 200-day moving average of $44.70. The company has a current ratio of 1.03, a quick ratio of 0.83 and a debt-to-equity ratio of 5.84. The stock has a market capitalization of $3.42 billion, a P/E ratio of 17.94 and a beta of 0.57.
NCR Atleos (NYSE:NATL - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $1.49 EPS for the quarter, topping analysts' consensus estimates of $1.05 by $0.44. NCR Atleos had a return on equity of 83.41% and a net margin of 4.44%.The business had revenue of $1.10 billion for the quarter. As a group, sell-side analysts anticipate that NCR Atleos Corporation will post 4.5 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on NATL. Weiss Ratings raised shares of NCR Atleos from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, August 19th. DA Davidson reissued a "neutral" rating and issued a $50.00 target price on shares of NCR Atleos in a research note on Monday, May 11th. Finally, Zacks Research lowered shares of NCR Atleos from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 27th. One equities research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, NCR Atleos currently has a consensus rating of "Hold" and an average price target of $50.27.
Get Our Latest Stock Report on NATL
NCR Atleos Profile
(
Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider NCR Atleos, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NCR Atleos wasn't on the list.
While NCR Atleos currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
A strong long-term portfolio starts with companies that can survive recessions, inflation, changing consumer habits, and shifting market leadership.
This report names seven blue-chip stocks across technology, retail, consumer staples, healthcare, networking, sporting goods, and utilities that offer investors a mix of stability, income, growth, and staying power.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
