Easterly Investment Partners LLC Decreases Stake in NCR Atleos Corporation $NATL

Easterly Investment Partners LLC lowered its stake in NCR Atleos Corporation (NYSE:NATL) by 15.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 82,121 shares of the company’s stock after selling 14,535 shares during the period. Easterly Investment Partners LLC owned 0.11% of NCR Atleos worth $3,130,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Eurizon Capital SGR S.p.A. purchased a new position in shares of NCR Atleos during the fourth quarter worth $31,000. Jones Financial Companies Lllp raised its holdings in shares of NCR Atleos by 407.5% during the third quarter. Jones Financial Companies Lllp now owns 878 shares of the company’s stock worth $34,000 after purchasing an additional 705 shares during the last quarter. Global Retirement Partners LLC raised its holdings in shares of NCR Atleos by 134.5% during the fourth quarter. Global Retirement Partners LLC now owns 1,210 shares of the company’s stock worth $46,000 after purchasing an additional 694 shares during the last quarter. Public Employees Retirement System of Ohio raised its holdings in shares of NCR Atleos by 36.1% during the third quarter. Public Employees Retirement System of Ohio now owns 2,083 shares of the company’s stock worth $82,000 after purchasing an additional 552 shares during the last quarter. Finally, iSAM Funds UK Ltd purchased a new position in shares of NCR Atleos during the third quarter worth $120,000. Hedge funds and other institutional investors own 88.66% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on NATL. Weiss Ratings cut shares of NCR Atleos from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 8th. DA Davidson reissued a “neutral” rating and set a $50.00 target price on shares of NCR Atleos in a report on Monday, May 11th. Stifel Nicolaus set a $50.40 target price on shares of NCR Atleos in a report on Wednesday, March 4th. Wolfe Research cut shares of NCR Atleos from a “strong-buy” rating to a “hold” rating in a report on Friday, February 27th. Finally, Zacks Research cut shares of NCR Atleos from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 27th. Six analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $50.27.

NCR Atleos Stock Up 0.1%

NATL stock opened at $44.63 on Monday. The firm has a market cap of $3.29 billion, a PE ratio of 19.24 and a beta of 0.58. The company has a debt-to-equity ratio of 6.83, a quick ratio of 0.78 and a current ratio of 0.98. The firm’s fifty day moving average is $44.34 and its 200 day moving average is $41.19. NCR Atleos Corporation has a one year low of $23.56 and a one year high of $48.50.

NCR Atleos (NYSE:NATL) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.89 by ($0.24). The firm had revenue of $1.04 billion for the quarter. NCR Atleos had a net margin of 3.98% and a return on equity of 78.64%. The business’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.64 EPS. On average, research analysts forecast 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.