NCR Atleos Corporation $NATL Holdings Boosted by King Luther Capital Management Corp

King Luther Capital Management Corp boosted its holdings in NCR Atleos Corporation (NYSE:NATL) by 7.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 356,379 shares of the company’s stock after purchasing an additional 24,877 shares during the quarter. King Luther Capital Management Corp’s holdings in NCR Atleos were worth $16,101,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Public Employees Retirement System of Ohio acquired a new position in NCR Atleos during the second quarter worth $83,000. Sterling Capital Management LLC lifted its stake in shares of NCR Atleos by 839.6% in the third quarter. Sterling Capital Management LLC now owns 2,443 shares of the company’s stock valued at $110,000 after buying an additional 2,183 shares in the last quarter. Nisa Investment Advisors LLC grew its holdings in shares of NCR Atleos by 9.9% during the third quarter. Nisa Investment Advisors LLC now owns 3,316 shares of the company’s stock valued at $150,000 after buying an additional 300 shares during the last quarter. Nykredit A S acquired a new position in shares of NCR Atleos during the second quarter valued at about $161,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of NCR Atleos during the second quarter valued at about $213,000. Institutional investors own 88.66% of the company’s stock.

NCR Atleos Stock Up 0.1%

NATL stock opened at $48.23 on Friday. The firm has a market capitalization of $3.57 billion, a PE ratio of 13.74 and a beta of 0.57. The company has a quick ratio of 0.71, a current ratio of 0.90 and a debt-to-equity ratio of 4.36. NCR Atleos Corporation has a twelve month low of $33.31 and a twelve month high of $48.60. The stock’s 50 day moving average is $46.25 and its 200-day moving average is $44.81.

NCR Atleos (NYSE:NATL) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $1.35 earnings per share (EPS) for the quarter. The business had revenue of $1.10 billion during the quarter. NCR Atleos had a return on equity of 76.97% and a net margin of 6.07%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Weiss Ratings raised shares of NCR Atleos from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Wall Street Zen raised shares of NCR Atleos to a “buy” rating in a research report on Saturday, October 31st. One investment analyst has rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $50.27.

About NCR Atleos

NCR Atleos Corporation provides automated teller machine (ATM) solutions and services to financial institutions, retailers and other businesses. Its offerings include ATM hardware and software, ATM deployment and management, transaction processing, and services that support cash replenishment and equipment maintenance. The company also provides managed ATM services, including solutions that allow customers to outsource parts or all of their ATM operations. Its services are designed to help clients maintain and operate ATM networks and provide consumers with access to cash and other self-service banking functions.