NCR Atleos Corporation $NATL Shares Sold by Hodges Capital Management Inc.

Hodges Capital Management Inc. decreased its holdings in shares of NCR Atleos Corporation (NYSE:NATL) by 13.9% during the first quarter, HoldingsChannel reports. The institutional investor owned 73,800 shares of the company’s stock after selling 11,900 shares during the period. Hodges Capital Management Inc.’s holdings in NCR Atleos were worth $3,216,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. CIBC Private Wealth Group LLC increased its holdings in NCR Atleos by 66.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 690 shares of the company’s stock worth $26,000 after acquiring an additional 276 shares in the last quarter. Sound Income Strategies LLC lifted its holdings in NCR Atleos by 245.7% during the first quarter. Sound Income Strategies LLC now owns 643 shares of the company’s stock valued at $28,000 after purchasing an additional 457 shares in the last quarter. Eurizon Capital SGR S.p.A. acquired a new stake in shares of NCR Atleos in the fourth quarter valued at about $31,000. Global Retirement Partners LLC grew its position 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 purchasing an additional 694 shares during the period. Finally, Kestra Advisory Services LLC purchased a new stake in shares of NCR Atleos during the fourth quarter worth about $51,000. Institutional investors and hedge funds own 88.66% of the company’s stock.

NCR Atleos Price Performance

NATL stock opened at $44.96 on Tuesday. NCR Atleos Corporation has a 1 year low of $23.56 and a 1 year high of $48.50. The company has a debt-to-equity ratio of 6.83, a current ratio of 0.98 and a quick ratio of 0.78. The firm has a market capitalization of $3.32 billion, a PE ratio of 19.38 and a beta of 0.60. The business has a 50 day simple moving average of $44.28 and a 200-day simple moving average of $42.53.

NCR Atleos (NYSE:NATL) last released its quarterly earnings data 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). NCR Atleos had a return on equity of 78.64% and a net margin of 3.98%.The company had revenue of $1.04 billion for the quarter. During the same quarter in the prior year, the business earned $0.64 earnings per share. The business’s revenue was up 6.5% compared to the same quarter last year. Equities research analysts anticipate that NCR Atleos Corporation will post 4.52 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

NATL has been the subject of several research analyst reports. DA Davidson restated a “neutral” rating and set a $50.00 price target on shares of NCR Atleos in a research report on Monday, May 11th. Zacks Research downgraded NCR Atleos from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 27th. Finally, Weiss Ratings cut NCR Atleos from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 8th. Six equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $50.27.

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.