UBS Group AG Sells 131,452 Shares of NCR Atleos Corporation $NATL

UBS Group AG lowered its position in NCR Atleos Corporation (NYSE:NATL) by 63.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 77,225 shares of the company’s stock after selling 131,452 shares during the period. UBS Group AG owned 0.10% of NCR Atleos worth $2,943,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Universal Beteiligungs und Servicegesellschaft mbH lifted its position in shares of NCR Atleos by 53.9% during the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 80,083 shares of the company’s stock worth $3,078,000 after purchasing an additional 28,046 shares in the last quarter. Jones Kertz & Associates Inc. acquired a new position in shares of NCR Atleos during the fourth quarter worth approximately $1,449,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of NCR Atleos by 16.4% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 23,296 shares of the company’s stock worth $888,000 after purchasing an additional 3,288 shares in the last quarter. State of Alaska Department of Revenue lifted its position in shares of NCR Atleos by 19.7% during the fourth quarter. State of Alaska Department of Revenue now owns 48,111 shares of the company’s stock worth $1,832,000 after purchasing an additional 7,909 shares in the last quarter. Finally, Tectonic Advisors LLC lifted its position in shares of NCR Atleos by 2.1% during the fourth quarter. Tectonic Advisors LLC now owns 32,355 shares of the company’s stock worth $1,233,000 after purchasing an additional 656 shares in the last quarter. Institutional investors own 88.66% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Zacks Research upgraded shares of NCR Atleos from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 28th. Stifel Nicolaus set a $50.40 target price on shares of NCR Atleos in a research report on Wednesday, March 4th. Weiss Ratings lowered shares of NCR Atleos from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 8th. Wolfe Research lowered shares of NCR Atleos from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 27th. Finally, DA Davidson reiterated a “neutral” rating and set a $50.00 target price on shares of NCR Atleos in a research report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $50.27.

NCR Atleos Trading Down 0.1%

Shares of NYSE NATL opened at $44.66 on Tuesday. The company’s 50 day simple moving average is $44.24 and its 200 day simple moving average is $40.94. NCR Atleos Corporation has a fifty-two week low of $23.56 and a fifty-two week high of $48.50. The firm has a market capitalization of $3.30 billion, a P/E ratio of 19.25 and a beta of 0.61. The company has a debt-to-equity ratio of 6.83, a current ratio of 0.98 and a quick ratio of 0.78.

NCR Atleos (NYSE:NATL) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.89 by ($0.24). NCR Atleos had a net margin of 3.98% and a return on equity of 78.64%. The business had revenue of $1.04 billion during the quarter. During the same quarter in the prior year, the company earned $0.64 EPS. NCR Atleos’s revenue for the quarter was up 6.5% compared to the same quarter last year. On average, analysts predict that NCR Atleos Corporation will post 4.52 EPS for the current year.

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.