Choreo LLC Buys New Position in NCR Atleos Corporation $NATL

Choreo LLC purchased a new position in NCR Atleos Corporation (NYSE:NATL) in the second quarter, HoldingsChannel reports. The institutional investor purchased 15,433 shares of the company’s stock, valued at approximately $440,000.

Other institutional investors have also recently made changes to their positions in the company. Brandywine Global Investment Management LLC bought a new stake in shares of NCR Atleos during the 2nd quarter worth $3,684,000. XTX Topco Ltd purchased a new stake in NCR Atleos during the second quarter valued at about $1,595,000. Seizert Capital Partners LLC lifted its stake in NCR Atleos by 63.0% during the second 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. Clifford Capital Partners LLC lifted its stake in NCR Atleos by 3.0% during the second quarter. Clifford Capital Partners LLC now owns 736,439 shares of the company’s stock worth $21,011,000 after purchasing an additional 21,766 shares during the last quarter. Finally, American Century Companies Inc. boosted its holdings in shares of NCR Atleos by 9.2% in the 2nd quarter. American Century Companies Inc. now owns 166,192 shares of the company’s stock worth $4,741,000 after purchasing an additional 14,024 shares in the last quarter. Institutional investors own 88.66% of the company’s stock.

NCR Atleos Stock Performance

Shares of NCR Atleos stock opened at $37.38 on Thursday. The company has a debt-to-equity ratio of 8.43, a current ratio of 1.02 and a quick ratio of 0.80. NCR Atleos Corporation has a 52-week low of $22.30 and a 52-week high of $42.23. The business has a 50 day moving average price of $37.30. The company has a market capitalization of $2.76 billion, a PE ratio of 21.00 and a beta of 0.97.

NCR Atleos (NYSE:NATL) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $1.09 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.19. The business had revenue of $1.12 billion during the quarter. NCR Atleos had a net margin of 3.11% and a return on equity of 84.80%. The company’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.89 EPS. NCR Atleos has set its FY 2025 guidance at 3.896-4.089 EPS.

Analyst Ratings Changes

NATL has been the topic of a number of research reports. Wall Street Zen cut NCR Atleos from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 8th. Weiss Ratings reissued a “hold (c)” rating on shares of NCR Atleos in a research note on Wednesday, October 8th. Zacks Research cut shares of NCR Atleos from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Stifel Nicolaus increased their target price on shares of NCR Atleos from $32.00 to $37.00 and gave the company a “hold” rating in a report on Friday, August 8th. Finally, Wedbush reiterated an “outperform” rating and issued a $45.00 target price on shares of NCR Atleos in a research report on Friday, November 7th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $41.00.

About NCR Atleos

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.