Wipfli Financial Advisors LLC Invests $38,000 in NCR Co. (NYSE:NCR)

Wipfli Financial Advisors LLC acquired a new position in shares of NCR Co. (NYSE:NCR – Get Rating) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 1,982 shares of the information technology services provider’s stock, valued at approximately $38,000.

Several other large investors have also modified their holdings of NCR. Capital Research Global Investors boosted its stake in shares of NCR by 103.4% during the 1st quarter. Capital Research Global Investors now owns 2,449,150 shares of the information technology services provider’s stock worth $98,431,000 after acquiring an additional 1,245,050 shares in the last quarter. Franklin Resources Inc. boosted its stake in shares of NCR by 156.3% during the 2nd quarter. Franklin Resources Inc. now owns 1,542,828 shares of the information technology services provider’s stock worth $47,997,000 after acquiring an additional 940,767 shares in the last quarter. Clearline Capital LP boosted its stake in shares of NCR by 99.2% during the 2nd quarter. Clearline Capital LP now owns 1,279,762 shares of the information technology services provider’s stock worth $39,813,000 after acquiring an additional 637,460 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of NCR by 100.5% during the 2nd quarter. AQR Capital Management LLC now owns 1,179,525 shares of the information technology services provider’s stock worth $35,657,000 after acquiring an additional 591,126 shares in the last quarter. Finally, National Bank of Canada FI boosted its stake in shares of NCR by 154,000.0% during the 3rd quarter. National Bank of Canada FI now owns 462,300 shares of the information technology services provider’s stock worth $8,789,000 after acquiring an additional 462,000 shares in the last quarter. 92.99% of the stock is owned by institutional investors.

NCR Price Performance

Shares of NYSE:NCR opened at $25.65 on Wednesday. The company has a current ratio of 1.15, a quick ratio of 0.85 and a debt-to-equity ratio of 3.88. NCR Co. has a 1 year low of $18.06 and a 1 year high of $44.59. The business has a fifty day simple moving average of $23.41 and a 200 day simple moving average of $25.73. The firm has a market cap of $3.52 billion, a price-to-earnings ratio of 29.48 and a beta of 1.66.

NCR (NYSE:NCR – Get Rating) last announced its quarterly earnings data on Tuesday, October 25th. The information technology services provider reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.02. NCR had a return on equity of 27.28% and a net margin of 1.78%. The business had revenue of $1.97 billion during the quarter, compared to analyst estimates of $2 billion. During the same period last year, the company earned $0.69 earnings per share. NCR’s quarterly revenue was up 3.7% compared to the same quarter last year. As a group, sell-side analysts predict that NCR Co. will post 2.59 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

NCR has been the subject of several recent analyst reports. Stephens raised their target price on NCR from $28.00 to $32.00 and gave the stock an “overweight” rating in a research report on Thursday, December 8th. Morgan Stanley decreased their target price on NCR from $27.00 to $24.00 and set an “equal weight” rating for the company in a research report on Monday, October 17th. StockNews.com initiated coverage on NCR in a research report on Wednesday, October 12th. They issued a “hold” rating for the company. Finally, DA Davidson decreased their target price on NCR from $45.00 to $35.00 in a research report on Thursday, October 27th.

Insider Buying and Selling

In related news, Director Joseph E. Reece bought 5,000 shares of the business’s stock in a transaction on Wednesday, November 9th. The shares were bought at an average cost of $20.82 per share, for a total transaction of $104,100.00. Following the completion of the acquisition, the director now directly owns 23,018 shares in the company, valued at $479,234.76. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. In related news, Director Joseph E. Reece bought 5,000 shares of the business’s stock in a transaction on Wednesday, November 9th. The shares were bought at an average cost of $20.82 per share, for a total transaction of $104,100.00. Following the completion of the acquisition, the director now directly owns 23,018 shares in the company, valued at $479,234.76. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Adrian Button sold 13,000 shares of the firm’s stock in a transaction dated Friday, October 28th. The shares were sold at an average price of $20.38, for a total value of $264,940.00. Following the transaction, the executive vice president now owns 44,466 shares in the company, valued at $906,217.08. The disclosure for this sale can be found here. 7.10% of the stock is owned by corporate insiders.

NCR Profile

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NCR Corporation provides various software and services worldwide. It operates through Banking, Retail, Hospitality, and Telecommunications and Technology segments. The company offers managed services and ATM-as-a-Service that allow banks to run their end-to-end ATM channels; software, services, and hardware; and digital banking solutions for financial institution's consumer and business customers.