Minneapolis Portfolio Management Group LLC lifted its holdings in shares of NCR Co. (NYSE:NCR) by 4.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 449,311 shares of the information technology services provider’s stock after acquiring an additional 18,018 shares during the period. NCR makes up about 2.1% of Minneapolis Portfolio Management Group LLC’s investment portfolio, making the stock its 22nd biggest position. Minneapolis Portfolio Management Group LLC owned 0.37% of NCR worth $15,272,000 at the end of the most recent quarter.
Other large investors have also added to or reduced their stakes in the company. Thrivent Financial For Lutherans lifted its holdings in NCR by 4.0% during the 2nd quarter. Thrivent Financial For Lutherans now owns 24,440 shares of the information technology services provider’s stock valued at $998,000 after purchasing an additional 930 shares during the last quarter. New York State Common Retirement Fund lifted its holdings in NCR by 0.5% during the 2nd quarter. New York State Common Retirement Fund now owns 298,282 shares of the information technology services provider’s stock valued at $12,182,000 after purchasing an additional 1,499 shares during the last quarter. Voya Investment Management LLC lifted its holdings in NCR by 161.7% during the 2nd quarter. Voya Investment Management LLC now owns 129,915 shares of the information technology services provider’s stock valued at $5,306,000 after purchasing an additional 80,264 shares during the last quarter. Numeric Investors LLC lifted its holdings in NCR by 0.4% during the 2nd quarter. Numeric Investors LLC now owns 160,800 shares of the information technology services provider’s stock valued at $6,567,000 after purchasing an additional 600 shares during the last quarter. Finally, Stifel Financial Corp lifted its holdings in NCR by 0.5% during the 2nd quarter. Stifel Financial Corp now owns 69,650 shares of the information technology services provider’s stock valued at $2,832,000 after purchasing an additional 315 shares during the last quarter. 90.18% of the stock is owned by institutional investors.
In other news, EVP J. Robert Ciminera sold 1,937 shares of NCR stock in a transaction that occurred on Tuesday, January 23rd. The shares were sold at an average price of $37.36, for a total transaction of $72,366.32. Following the completion of the sale, the executive vice president now owns 6,802 shares in the company, valued at approximately $254,122.72. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 1.00% of the stock is owned by insiders.
NCR Co. (NYSE:NCR) traded down $0.67 on Tuesday, reaching $31.05. 231,416 shares of the company’s stock traded hands, compared to its average volume of 1,444,874. The company has a quick ratio of 1.09, a current ratio of 1.50 and a debt-to-equity ratio of 4.07. The firm has a market cap of $3,728.32, a PE ratio of 37.75, a PEG ratio of 2.30 and a beta of 1.83. NCR Co. has a 52-week low of $29.20 and a 52-week high of $49.90.
NCR (NYSE:NCR) last issued its quarterly earnings results on Thursday, February 8th. The information technology services provider reported $0.92 EPS for the quarter, topping the consensus estimate of $0.87 by $0.05. NCR had a net margin of 3.56% and a return on equity of 80.11%. The company had revenue of $1.78 billion during the quarter, compared to analysts’ expectations of $1.75 billion. During the same quarter in the previous year, the company earned $1.07 EPS. NCR’s revenue was down 1.1% on a year-over-year basis. sell-side analysts expect that NCR Co. will post 3.32 EPS for the current fiscal year.
Several equities analysts recently issued reports on NCR shares. ValuEngine raised shares of NCR from a “hold” rating to a “buy” rating in a report on Friday, December 1st. DA Davidson initiated coverage on shares of NCR in a report on Wednesday, February 7th. They set a “neutral” rating and a $39.00 price target for the company. Zacks Investment Research cut shares of NCR from a “hold” rating to a “strong sell” rating in a research report on Monday, October 23rd. Morgan Stanley lowered their price objective on shares of NCR from $43.00 to $39.00 and set an “equal weight” rating for the company in a research report on Friday, October 20th. Finally, Benchmark restated a “buy” rating and issued a $44.00 price objective on shares of NCR in a research report on Wednesday, February 7th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the stock. NCR has a consensus rating of “Hold” and a consensus price target of $45.25.
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NCR Company Profile
NCR Corporation is a provider of Omni-channel technology solutions that enable businesses connect, interact and transact with their customers. The Company operates through three segments: Software, Services and Hardware. It sells a portfolio of hardware, software and services that combine to provide businesses with solutions.
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