Massachusetts Financial Services Co. MA Sells 123,253 Shares of NCR Atleos Corporation $NATL

Massachusetts Financial Services Co. MA lowered its position in NCR Atleos Corporation (NYSE:NATL) by 8.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,392,008 shares of the company’s stock after selling 123,253 shares during the quarter. Massachusetts Financial Services Co. MA owned 1.89% of NCR Atleos worth $54,720,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in NATL. Universal Beteiligungs und Servicegesellschaft mbH boosted 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 worth $993,000 after purchasing an additional 370 shares in the last quarter. Blue Trust Inc. raised its stake in shares of NCR Atleos by 27.8% during 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 increased its stake in shares of NCR Atleos by 60.1% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,023 shares of the company’s stock worth $29,000 after purchasing an additional 384 shares during the last quarter. Federated Hermes Inc. increased its holdings in NCR Atleos by 0.3% in the 2nd quarter. Federated Hermes Inc. now owns 115,565 shares of the company’s stock worth $3,297,000 after acquiring an additional 397 shares during the last quarter. Finally, Salomon & Ludwin LLC boosted its holdings in NCR Atleos by 1,327.5% in the 3rd quarter. Salomon & Ludwin LLC now owns 728 shares of the company’s stock worth $29,000 after buying an additional 677 shares during the period. 88.66% of the stock is currently owned by institutional investors.

NCR Atleos Stock Performance

Shares of NATL stock opened at $37.68 on Thursday. The business has a fifty day simple moving average of $37.85. The company has a debt-to-equity ratio of 8.43, a current ratio of 1.02 and a quick ratio of 0.80. NCR Atleos Corporation has a 52-week low of $22.30 and a 52-week high of $42.23. The stock has a market cap of $2.78 billion, a price-to-earnings ratio of 21.17 and a beta of 0.96.

NCR Atleos (NYSE:NATL) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.19. The firm had revenue of $1.12 billion during the quarter. NCR Atleos had a return on equity of 84.80% and a net margin of 3.11%.The company’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.89 EPS. NCR Atleos has set its FY 2025 guidance at 3.896-4.089 EPS.

Wall Street Analysts Forecast Growth

NATL has been the topic of a number of analyst reports. Wall Street Zen lowered shares of NCR Atleos from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 8th. Zacks Research cut NCR Atleos from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Wedbush restated an “outperform” rating and issued a $45.00 price objective on shares of NCR Atleos in a research report on Friday, November 7th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of NCR Atleos in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, NCR Atleos has an average 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.