Brown Advisory Inc. Has $78.09 Million Stock Holdings in NCR Atleos Corporation $NATL

Brown Advisory Inc. trimmed its holdings in NCR Atleos Corporation (NYSE:NATL) by 7.6% during the fourth quarter, Holdings Channel reports. The firm owned 2,048,956 shares of the company’s stock after selling 167,562 shares during the quarter. Brown Advisory Inc.’s holdings in NCR Atleos were worth $78,086,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. CIBC Private Wealth Group LLC increased 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 purchasing an additional 276 shares in the last quarter. Eurizon Capital SGR S.p.A. bought a new position in shares of NCR Atleos in the fourth quarter valued at approximately $31,000. Jones Financial Companies Lllp grew its holdings in shares of NCR Atleos by 407.5% in the third quarter. Jones Financial Companies Lllp now owns 878 shares of the company’s stock valued at $34,000 after acquiring an additional 705 shares in the last quarter. Global Retirement Partners LLC grew its holdings in shares of NCR Atleos by 134.5% in the fourth 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 in the last quarter. Finally, Kestra Advisory Services LLC bought a new position in shares of NCR Atleos in the fourth quarter valued at approximately $51,000. 88.66% of the stock is owned by institutional investors.

NCR Atleos Stock Performance

NCR Atleos stock opened at $44.27 on Monday. The company has a current ratio of 0.98, a quick ratio of 0.78 and a debt-to-equity ratio of 6.83. The firm has a 50-day moving average of $44.55 and a 200-day moving average of $41.82. The firm has a market cap of $3.27 billion, a P/E ratio of 19.08 and a beta of 0.58. NCR Atleos Corporation has a 1-year low of $23.56 and a 1-year high of $48.50.

NCR Atleos (NYSE:NATL) last posted 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 firm had revenue of $1.04 billion for 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% compared to the same quarter last year. During the same period in the prior year, the company posted $0.64 EPS. Sell-side analysts expect that NCR Atleos Corporation will post 4.52 EPS for the current year.

Analysts Set New Price Targets

Several research firms recently commented on NATL. Wolfe Research downgraded NCR Atleos from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 27th. Weiss Ratings downgraded NCR Atleos from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 8th. Stifel Nicolaus set a $50.40 price objective on NCR Atleos in a research report on Wednesday, March 4th. Wedbush downgraded NCR Atleos from an “outperform” rating to a “hold” rating and increased their price objective for the stock from $45.00 to $50.40 in a research report on Friday, February 27th. Finally, Zacks Research downgraded NCR Atleos from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 27th. Six equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $50.27.

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.