STA Wealth Management LLC purchased a new stake in NCR Co. (NYSE:NCR) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 29,485 shares of the information technology services provider’s stock, valued at approximately $1,002,000.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Aperio Group LLC boosted its holdings in shares of NCR by 10.0% in the 3rd quarter. Aperio Group LLC now owns 42,660 shares of the information technology services provider’s stock valued at $1,601,000 after buying an additional 3,864 shares during the period. Victory Capital Management Inc. acquired a new position in shares of NCR in the 4th quarter valued at about $4,332,000. Empirical Finance LLC acquired a new position in shares of NCR in the 4th quarter valued at about $1,180,000. Aurora Investment Counsel acquired a new position in shares of NCR in the 4th quarter valued at about $2,063,000. Finally, Swiss National Bank boosted its holdings in shares of NCR by 2.1% in the 4th quarter. Swiss National Bank now owns 206,959 shares of the information technology services provider’s stock valued at $7,035,000 after buying an additional 4,200 shares during the period. 92.97% of the stock is owned by institutional investors and hedge funds.
In other NCR news, EVP Paul Langenbahn sold 4,522 shares of the business’s stock in a transaction dated Monday, March 5th. The shares were sold at an average price of $33.90, for a total transaction of $153,295.80. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP J. Robert Ciminera sold 1,937 shares of the business’s stock in a transaction dated Tuesday, January 23rd. The stock was sold at an average price of $37.36, for a total transaction of $72,366.32. Following the sale, the executive vice president now owns 6,802 shares in the company, valued at $254,122.72. The disclosure for this sale can be found here. 1.00% of the stock is currently owned by insiders.
NCR Co. (NYSE:NCR) opened at $35.42 on Wednesday. The company has a debt-to-equity ratio of 4.07, a quick ratio of 1.09 and a current ratio of 1.50. The stock has a market cap of $4,226.88, a PE ratio of 11.12, a price-to-earnings-growth ratio of 2.68 and a beta of 1.87. NCR Co. has a one year low of $29.20 and a one year high of $45.92.
NCR (NYSE:NCR) last released its quarterly earnings results on Thursday, February 8th. The information technology services provider reported $0.92 EPS for the quarter, topping analysts’ consensus estimates of $0.87 by $0.05. NCR had a net margin of 3.56% and a return on equity of 80.11%. The company had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.75 billion. During the same period in the previous year, the firm earned $1.07 EPS. NCR’s revenue was down 1.1% on a year-over-year basis. equities research analysts predict that NCR Co. will post 3.34 earnings per share for the current fiscal year.
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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