State of New Jersey Common Pension Fund D Purchases Shares of 56,631 NCR Atleos Corporation $NATL

State of New Jersey Common Pension Fund D acquired a new stake in NCR Atleos Corporation (NYSE:NATL) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 56,631 shares of the company’s stock, valued at approximately $2,226,000.

Other large investors also recently modified their holdings of the company. Allspring Global Investments Holdings LLC bought a new stake in shares of NCR Atleos during the 3rd quarter worth about $3,942,000. New York State Common Retirement Fund lifted its position in NCR Atleos by 844.6% during the third quarter. New York State Common Retirement Fund now owns 211,109 shares of the company’s stock worth $8,299,000 after acquiring an additional 188,760 shares during the last quarter. XTX Topco Ltd bought a new stake in shares of NCR Atleos during the second quarter worth approximately $1,595,000. Brandywine Global Investment Management LLC bought a new stake in shares of NCR Atleos during the second quarter worth approximately $3,684,000. Finally, Inspire Investing LLC acquired a new position in shares of NCR Atleos in the third quarter valued at approximately $1,061,000. 88.66% of the stock is owned by institutional investors.

NCR Atleos Stock Performance

NYSE:NATL opened at $40.01 on Tuesday. The company has a market cap of $2.96 billion, a price-to-earnings ratio of 22.48 and a beta of 0.97. NCR Atleos Corporation has a fifty-two week low of $22.30 and a fifty-two week high of $43.42. 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 stock has a fifty day moving average price of $39.25 and a 200-day moving average price of $38.43.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on NATL shares. Wedbush reissued an “outperform” rating and set a $45.00 price target on shares of NCR Atleos in a report on Friday, November 7th. Weiss Ratings reissued a “hold (c)” rating on shares of NCR Atleos in a report on Thursday, January 22nd. Finally, 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. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, NCR Atleos presently has a consensus rating of “Hold” and a consensus target price 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.