Crescent Grove Advisors LLC Purchases 13,048 Shares of NCR Atleos Corporation $NATL

Crescent Grove Advisors LLC increased its holdings in NCR Atleos Corporation (NYSE:NATL) by 3.4% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 401,456 shares of the company’s stock after buying an additional 13,048 shares during the period. NCR Atleos accounts for approximately 1.7% of Crescent Grove Advisors LLC’s portfolio, making the stock its 16th largest holding. Crescent Grove Advisors LLC owned approximately 0.54% of NCR Atleos worth $17,495,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in NATL. CIBC Private Wealth Group LLC increased its stake 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 during the last quarter. Sound Income Strategies LLC raised its holdings in shares of NCR Atleos by 245.7% in the 1st quarter. Sound Income Strategies LLC now owns 643 shares of the company’s stock valued at $28,000 after acquiring an additional 457 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 about $31,000. Global Retirement Partners LLC boosted 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 purchased a new position in shares of NCR Atleos during the fourth quarter worth about $51,000. Institutional investors own 88.66% of the company’s stock.

Analyst Ratings Changes

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

NCR Atleos Trading Up 0.7%

NYSE NATL opened at $47.43 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. The stock’s 50-day simple moving average is $44.53 and its two-hundred day simple moving average is $42.94. NCR Atleos Corporation has a twelve month low of $23.56 and a twelve month high of $48.50. The company has a market capitalization of $3.50 billion, a price-to-earnings ratio of 20.44 and a beta of 0.60.

NCR Atleos (NYSE:NATL) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.24). The firm 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 quarterly revenue was up 6.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.64 EPS. Research analysts forecast that NCR Atleos Corporation will post 4.52 EPS for the current fiscal year.

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.