Aristotle Capital Boston LLC Grows Position in NCR Co. (NCR)

Aristotle Capital Boston LLC boosted its holdings in NCR Co. (NYSE:NCR) by 12.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 79,845 shares of the information technology services provider’s stock after purchasing an additional 8,749 shares during the quarter. Aristotle Capital Boston LLC owned about 0.07% of NCR worth $2,268,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Darrell & King LLC raised its position in NCR by 1.1% in the 3rd quarter. Darrell & King LLC now owns 1,071,229 shares of the information technology services provider’s stock valued at $30,434,000 after purchasing an additional 11,722 shares during the last quarter. Tower Research Capital LLC TRC raised its position in NCR by 24.5% in the 3rd quarter. Tower Research Capital LLC TRC now owns 17,143 shares of the information technology services provider’s stock valued at $487,000 after purchasing an additional 3,372 shares during the last quarter. Royce & Associates LP purchased a new stake in NCR in the 3rd quarter valued at $11,004,000. United Services Automobile Association raised its position in NCR by 106.8% in the 3rd quarter. United Services Automobile Association now owns 38,468 shares of the information technology services provider’s stock valued at $1,093,000 after purchasing an additional 19,870 shares during the last quarter. Finally, Silchester International Investors LLP raised its position in NCR by 181.5% in the 3rd quarter. Silchester International Investors LLP now owns 216,205 shares of the information technology services provider’s stock valued at $6,142,000 after purchasing an additional 139,414 shares during the last quarter. Hedge funds and other institutional investors own 95.07% of the company’s stock.

Shares of NCR opened at $25.80 on Monday. The company has a debt-to-equity ratio of 6.43, a quick ratio of 0.97 and a current ratio of 1.42. The firm has a market capitalization of $3.05 billion, a price-to-earnings ratio of 8.06, a PEG ratio of 2.46 and a beta of 1.77. NCR Co. has a 1 year low of $23.41 and a 1 year high of $38.68.

NCR (NYSE:NCR) last announced its quarterly earnings data on Tuesday, October 30th. The information technology services provider reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.04. The company had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.58 billion. NCR had a negative net margin of 1.33% and a positive return on equity of 75.44%. NCR’s revenue was down 6.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.93 EPS. As a group, equities research analysts expect that NCR Co. will post 2.62 EPS for the current year.

NCR has been the topic of several recent research reports. ValuEngine raised shares of NCR from a “strong sell” rating to a “sell” rating in a research note on Tuesday, August 28th. Zacks Investment Research raised shares of NCR from a “sell” rating to a “hold” rating in a research note on Wednesday, September 26th. Morgan Stanley dropped their price objective on shares of NCR from $32.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 31st. Finally, Oppenheimer reissued a “hold” rating on shares of NCR in a research note on Tuesday, October 30th. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $35.80.

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NCR Profile

NCR Corporation provides omni-channel technology solutions for businesses to connect, interact, and transact with their customers worldwide. The company's Software segment offers industry-based software platforms and applications and application suites for the financial services, retail, hospitality, and small business industries; and cash management software, video banking software, fraud and loss prevention, check and document imaging, remote-deposit capture, and customer-facing mobile and digital banking applications for the financial services industry.

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Institutional Ownership by Quarter for NCR (NYSE:NCR)

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