US Bancorp DE Increases Position in NCR Co. (NYSE:NCR)

US Bancorp DE lifted its holdings in NCR Co. (NYSE:NCR) by 5.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 37,137 shares of the information technology services provider’s stock after buying an additional 1,874 shares during the quarter. US Bancorp DE’s holdings in NCR were worth $1,261,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. HighTower Advisors LLC lifted its position in NCR by 8.9% in the 2nd quarter. HighTower Advisors LLC now owns 6,448 shares of the information technology services provider’s stock valued at $261,000 after purchasing an additional 525 shares during the last quarter. Royal Bank of Canada raised its position in shares of NCR by 124.0% during the 2nd quarter. Royal Bank of Canada now owns 96,739 shares of the information technology services provider’s stock worth $3,951,000 after buying an additional 53,547 shares in the last quarter. Janus Henderson Group PLC raised its position in shares of NCR by 3,424.9% during the 2nd quarter. Janus Henderson Group PLC now owns 214,382 shares of the information technology services provider’s stock worth $8,755,000 after buying an additional 208,300 shares in the last quarter. Aperio Group LLC raised its position in shares of NCR by 10.0% during the 3rd quarter. Aperio Group LLC now owns 42,660 shares of the information technology services provider’s stock worth $1,601,000 after buying an additional 3,864 shares in the last quarter. Finally, Crossmark Global Holdings Inc. bought a new stake in shares of NCR during the 3rd quarter worth about $570,000. Institutional investors own 92.97% of the company’s stock.

Shares of NCR Co. (NYSE:NCR) traded down $0.45 on Wednesday, reaching $34.97. 456,942 shares of the company were exchanged, compared to its average volume of 1,271,701. NCR Co. has a 52-week low of $29.20 and a 52-week high of $45.92. The stock has a market capitalization of $4,130.00, a P/E ratio of 19.43, a PEG ratio of 2.68 and a beta of 1.87. The company has a debt-to-equity ratio of 4.07, a current ratio of 1.50 and a quick ratio of 1.09.

NCR (NYSE:NCR) last posted its earnings results on Thursday, February 8th. The information technology services provider reported $0.92 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.87 by $0.05. The firm had revenue of $1.78 billion during the quarter, compared to analysts’ expectations of $1.75 billion. NCR had a net margin of 3.56% and a return on equity of 80.11%. The company’s revenue was down 1.1% compared to the same quarter last year. During the same period in the previous year, the company earned $1.07 earnings per share. equities analysts predict that NCR Co. will post 3.34 earnings per share for the current year.

In other NCR news, EVP Paul Langenbahn sold 4,522 shares of NCR stock in a transaction that occurred on Monday, March 5th. The shares were sold at an average price of $33.90, for a total value of $153,295.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP J. Robert Ciminera sold 1,937 shares of the business’s stock in a transaction on Tuesday, January 23rd. The stock was sold at an average price of $37.36, for a total transaction of $72,366.32. Following the completion of the sale, the executive vice president now owns 6,802 shares of the company’s stock, valued at $254,122.72. The disclosure for this sale can be found here. 1.00% of the stock is owned by insiders.

Several equities analysts have recently issued reports on the stock. ValuEngine raised shares of NCR from a “hold” rating to a “buy” rating in a research note on Wednesday, March 7th. Morgan Stanley lowered their price objective on shares of NCR from $41.00 to $40.00 and set an “equal weight” rating on the stock in a research note on Friday, February 9th. DA Davidson assumed coverage on shares of NCR in a research note on Wednesday, February 7th. They issued a “neutral” rating and a $39.00 price objective on the stock. TheStreet downgraded shares of NCR from a “b-” rating to a “c” rating in a research report on Friday, February 9th. Finally, Benchmark reissued a “buy” rating and issued a $44.00 target price on shares of NCR in a research report on Wednesday, February 7th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $45.25.

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NCR Profile

NCR Corporation is a provider of Omni-channel technology solutions that enable businesses connect, interact and transact with their customers. The Company operates through three segments: Software, Services and Hardware. It sells a portfolio of hardware, software and services that combine to provide businesses with solutions.

Institutional Ownership by Quarter for NCR (NYSE:NCR)

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