Public Sector Pension Investment Board Acquires 36,590 Shares of NCR Atleos Corporation $NATL

Public Sector Pension Investment Board boosted its holdings in NCR Atleos Corporation (NYSE:NATL) by 14.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 287,030 shares of the company’s stock after purchasing an additional 36,590 shares during the period. Public Sector Pension Investment Board’s holdings in NCR Atleos were worth $11,283,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Arizona State Retirement System increased its holdings in shares of NCR Atleos by 1.5% in the third quarter. Arizona State Retirement System now owns 21,736 shares of the company’s stock worth $854,000 after buying an additional 318 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH grew its position in NCR Atleos by 1.1% during the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 34,815 shares of the company’s stock worth $993,000 after acquiring an additional 370 shares during the last quarter. Blue Trust Inc. increased its stake in NCR Atleos by 27.8% in the 3rd quarter. Blue Trust Inc. now owns 1,720 shares of the company’s stock worth $68,000 after purchasing an additional 374 shares during the period. Steward Partners Investment Advisory LLC lifted its position in NCR Atleos by 60.1% in the second quarter. Steward Partners Investment Advisory LLC now owns 1,023 shares of the company’s stock valued at $29,000 after purchasing an additional 384 shares during the last quarter. Finally, Federated Hermes Inc. boosted its stake in shares of NCR Atleos by 0.3% during the second quarter. Federated Hermes Inc. now owns 115,565 shares of the company’s stock valued at $3,297,000 after purchasing an additional 397 shares during the period. 88.66% of the stock is currently owned by hedge funds and other institutional investors.

NCR Atleos Trading Up 2.2%

Shares of NCR Atleos stock opened at $42.19 on Monday. The company has a current ratio of 1.02, a quick ratio of 0.80 and a debt-to-equity ratio of 8.43. NCR Atleos Corporation has a 12-month low of $22.30 and a 12-month high of $43.27. The stock has a market cap of $3.12 billion, a P/E ratio of 23.70 and a beta of 0.97. The firm’s fifty day moving average is $38.79.

Analyst Ratings Changes

Several research analysts recently commented on NATL shares. Wall Street Zen downgraded shares of NCR Atleos from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 8th. Weiss Ratings restated a “hold (c)” rating on shares of NCR Atleos in a research report on Thursday, January 22nd. Finally, Wedbush reiterated an “outperform” rating and set a $45.00 target price on shares of NCR Atleos in a report on Friday, November 7th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $41.00.

NCR Atleos 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.