Royce & Associates LP Has $19.10 Million Stock Holdings in NCR Atleos Corporation $NATL

Royce & Associates LP decreased its stake in shares of NCR Atleos Corporation (NYSE:NATL) by 6.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 485,939 shares of the company’s stock after selling 32,173 shares during the period. Royce & Associates LP’s holdings in NCR Atleos were worth $19,102,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Universal Beteiligungs und Servicegesellschaft mbH increased its position in NCR Atleos by 1.1% in the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 34,815 shares of the company’s stock valued at $993,000 after acquiring an additional 370 shares in the last quarter. Seizert Capital Partners LLC raised its position in NCR Atleos by 63.0% in the 2nd quarter. Seizert Capital Partners LLC now owns 123,668 shares of the company’s stock worth $3,528,000 after purchasing an additional 47,781 shares during the last quarter. Swiss National Bank lifted its holdings in NCR Atleos by 5.0% during the 2nd quarter. Swiss National Bank now owns 140,180 shares of the company’s stock worth $3,999,000 after buying an additional 6,700 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in NCR Atleos by 5.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 124,694 shares of the company’s stock worth $3,558,000 after buying an additional 5,946 shares in the last quarter. Finally, Brandywine Global Investment Management LLC bought a new position in NCR Atleos in the 2nd quarter valued at $3,684,000. Institutional investors own 88.66% of the company’s stock.

NCR Atleos Price Performance

NCR Atleos stock opened at $44.20 on Monday. The firm has a market capitalization of $3.27 billion, a P/E ratio of 19.56 and a beta of 0.97. The business has a 50-day moving average of $39.48 and a 200-day moving average of $38.55. The company has a current ratio of 0.96, a quick ratio of 0.78 and a debt-to-equity ratio of 6.65. NCR Atleos Corporation has a 1 year low of $22.30 and a 1 year high of $46.55.

NCR Atleos (NYSE:NATL) last announced its quarterly earnings results on Thursday, February 26th. The company reported $1.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.27. The company had revenue of $1.15 billion during the quarter. NCR Atleos had a net margin of 3.92% and a return on equity of 84.28%. NCR Atleos’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period last year, the firm earned $1.11 EPS.

Analyst Ratings Changes

NATL has been the subject of a number of recent research reports. Wall Street Zen downgraded NCR Atleos from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. Wedbush cut NCR Atleos from an “outperform” rating to a “hold” rating and boosted their price objective for the stock from $45.00 to $50.40 in a report on Friday. Weiss Ratings restated a “hold (c)” rating on shares of NCR Atleos in a research report on Thursday, January 22nd. Finally, DA Davidson reiterated a “neutral” rating and set a $50.00 price target (down from $60.00) on shares of NCR Atleos in a research report on Friday. Five analysts have rated the stock with a Hold rating, Based on data from MarketBeat, NCR Atleos has a consensus rating of “Hold” and a consensus price target of $45.80.

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.