Alta Fox Capital Management LLC Sells 23,272 Shares of NCR Atleos Corporation $NATL

Alta Fox Capital Management LLC decreased its position in shares of NCR Atleos Corporation (NYSE:NATL) by 1.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,950,881 shares of the company’s stock after selling 23,272 shares during the quarter. NCR Atleos makes up approximately 16.0% of Alta Fox Capital Management LLC’s holdings, making the stock its largest holding. Alta Fox Capital Management LLC owned about 2.64% of NCR Atleos worth $74,348,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. CIBC Private Wealth Group LLC lifted its holdings in NCR Atleos by 66.7% during the 4th quarter. CIBC Private Wealth Group LLC now owns 690 shares of the company’s stock worth $26,000 after buying an additional 276 shares in the last quarter. Eurizon Capital SGR S.p.A. bought a new stake in shares of NCR Atleos during the 4th quarter valued at $31,000. Jones Financial Companies Lllp raised its position in shares of NCR Atleos by 407.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 878 shares of the company’s stock valued at $34,000 after acquiring an additional 705 shares during the last quarter. Global Retirement Partners LLC raised its position in shares of NCR Atleos by 134.5% during the 4th quarter. Global Retirement Partners LLC now owns 1,210 shares of the company’s stock valued at $46,000 after acquiring an additional 694 shares during the last quarter. Finally, Kestra Advisory Services LLC bought a new stake in shares of NCR Atleos during the 4th quarter valued at $51,000. Institutional investors and hedge funds own 88.66% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Weiss Ratings cut shares of NCR Atleos from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 8th. Zacks Research cut shares of NCR Atleos from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 27th. Wedbush cut shares of NCR Atleos from an “outperform” rating to a “hold” rating and upped their target price for the company from $45.00 to $50.40 in a research report on Friday, February 27th. 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. Finally, Wolfe Research cut shares of NCR Atleos from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 27th. Six analysts have rated the stock with a Hold rating, According to data from MarketBeat, NCR Atleos currently has a consensus rating of “Hold” and a consensus price target of $50.27.

NCR Atleos Price Performance

NATL opened at $44.27 on Friday. The company has a quick ratio of 0.78, a current ratio of 0.98 and a debt-to-equity ratio of 6.83. NCR Atleos Corporation has a 12 month low of $23.56 and a 12 month high of $48.50. The company has a fifty day simple moving average of $44.55 and a 200 day simple moving average of $41.78. The stock has a market cap of $3.27 billion, a P/E ratio of 19.08 and a beta of 0.57.

NCR Atleos (NYSE:NATL) last announced its earnings results on Wednesday, May 6th. The company reported $0.65 earnings per share for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.24). The company had revenue of $1.04 billion during the quarter. NCR Atleos had a return on equity of 78.64% and a net margin of 3.98%.The company’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.64 earnings per share. On average, research analysts expect that NCR Atleos Corporation will post 4.52 EPS for the current year.

NCR Atleos Company 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.