LSV Asset Management Sells 168,658 Shares of NCR Atleos Corporation $NATL

LSV Asset Management decreased its position in NCR Atleos Corporation (NYSE:NATL) by 12.4% during the third quarter, Holdings Channel reports. The fund owned 1,189,199 shares of the company’s stock after selling 168,658 shares during the period. LSV Asset Management’s holdings in NCR Atleos were worth $46,747,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of NATL. Universal Beteiligungs und Servicegesellschaft mbH increased its position in shares of NCR Atleos by 1.1% during the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 34,815 shares of the company’s stock valued at $993,000 after purchasing an additional 370 shares during the last quarter. Seizert Capital Partners LLC grew its position in NCR Atleos by 63.0% during the second quarter. Seizert Capital Partners LLC now owns 123,668 shares of the company’s stock valued at $3,528,000 after buying an additional 47,781 shares during the period. Swiss National Bank increased its holdings in NCR Atleos by 5.0% during the second quarter. Swiss National Bank now owns 140,180 shares of the company’s stock valued at $3,999,000 after buying an additional 6,700 shares during the last quarter. JPMorgan Chase & Co. raised its position in NCR Atleos by 5.0% in the second quarter. JPMorgan Chase & Co. now owns 124,694 shares of the company’s stock worth $3,558,000 after acquiring an additional 5,946 shares during the period. Finally, Brandywine Global Investment Management LLC purchased a new position in shares of NCR Atleos during the 2nd quarter worth $3,684,000. 88.66% of the stock is owned by hedge funds and other institutional investors.

NCR Atleos Stock Performance

NATL opened at $42.19 on Friday. The stock has a market cap of $3.12 billion, a PE ratio of 23.70 and a beta of 0.97. The company has a debt-to-equity ratio of 8.43, a quick ratio of 0.80 and a current ratio of 1.02. The company’s fifty day moving average price is $38.79. NCR Atleos Corporation has a fifty-two week low of $22.30 and a fifty-two week high of $43.27.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on NATL shares. Weiss Ratings restated a “hold (c)” rating on shares of NCR Atleos in a research note on Thursday, January 22nd. Wall Street Zen lowered NCR Atleos from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 8th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $45.00 price objective on shares of NCR Atleos in a research note on Friday, November 7th. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $41.00.

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.