Clearline Capital LP acquired a new stake in shares of NCR Co. (NYSE:NCR) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 297,740 shares of the information technology services provider’s stock, valued at approximately $10,120,000. NCR comprises approximately 5.2% of Clearline Capital LP’s holdings, making the stock its 8th biggest position. Clearline Capital LP owned 0.24% of NCR at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also modified their holdings of the company. Fuller & Thaler Asset Management Inc. grew its holdings in shares of NCR by 392.3% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 6,400 shares of the information technology services provider’s stock valued at $218,000 after buying an additional 5,100 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of NCR by 43.1% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,567 shares of the information technology services provider’s stock valued at $223,000 after buying an additional 1,979 shares during the last quarter. Oakbrook Investments LLC acquired a new position in shares of NCR during the fourth quarter valued at about $226,000. Financial Counselors Inc. grew its holdings in shares of NCR by 34.5% during the fourth quarter. Financial Counselors Inc. now owns 7,475 shares of the information technology services provider’s stock valued at $254,000 after buying an additional 1,918 shares during the last quarter. Finally, Ramsey Quantitative Systems acquired a new position in shares of NCR during the fourth quarter valued at about $257,000. Hedge funds and other institutional investors own 92.97% of the company’s stock.
In related news, EVP J. Robert Ciminera sold 1,937 shares of the business’s stock in a transaction dated Tuesday, January 23rd. The shares were sold at an average price of $37.36, for a total transaction of $72,366.32. Following the transaction, the executive vice president now directly owns 6,802 shares in the company, valued at $254,122.72. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Paul Langenbahn sold 4,522 shares of the business’s stock in a transaction dated Monday, March 5th. The stock was sold at an average price of $33.90, for a total transaction of $153,295.80. The disclosure for this sale can be found here. 1.00% of the stock is currently owned by insiders.
NCR Co. (NCR) opened at $35.70 on Tuesday. NCR Co. has a twelve month low of $29.20 and a twelve month high of $47.89. The firm has a market cap of $4,230.00, a PE ratio of 19.83, a P/E/G ratio of 2.66 and a beta of 1.87. The company has a current ratio of 1.50, a quick ratio of 1.09 and a debt-to-equity ratio of 4.07.
NCR (NYSE:NCR) last released its quarterly earnings results on Thursday, February 8th. The information technology services provider reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.05. NCR had a net margin of 3.56% and a return on equity of 80.11%. The business had revenue of $1.78 billion for the quarter, compared to analysts’ expectations of $1.75 billion. During the same period in the previous year, the company earned $1.07 earnings per share. The firm’s revenue for the quarter was down 1.1% compared to the same quarter last year. analysts predict that NCR Co. will post 3.34 EPS for the current year.
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NCR Company 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.
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