NCR Atleos Corporation $NATL is Amitell Capital Pte Ltd’s 10th Largest Position

Amitell Capital Pte Ltd lowered its position in NCR Atleos Corporation (NYSE:NATL) by 44.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 133,585 shares of the company’s stock after selling 109,006 shares during the quarter. NCR Atleos accounts for 3.2% of Amitell Capital Pte Ltd’s investment portfolio, making the stock its 10th biggest position. Amitell Capital Pte Ltd owned 0.18% of NCR Atleos worth $5,251,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NATL. State Street Corp raised its stake in shares of NCR Atleos by 1.2% in the 2nd quarter. State Street Corp now owns 2,761,117 shares of the company’s stock valued at $78,775,000 after acquiring an additional 31,684 shares during the period. Engine Capital Management LP increased its holdings in NCR Atleos by 22.3% in the 2nd quarter. Engine Capital Management LP now owns 2,415,779 shares of the company’s stock valued at $68,922,000 after purchasing an additional 440,741 shares in the last quarter. Clifford Capital Partners LLC raised its position in NCR Atleos by 3.0% in the second quarter. Clifford Capital Partners LLC now owns 736,439 shares of the company’s stock valued at $21,011,000 after purchasing an additional 21,766 shares during the period. Simcoe Capital Management LLC acquired a new position in shares of NCR Atleos during the second quarter worth about $20,282,000. Finally, Bank of America Corp DE boosted its position in shares of NCR Atleos by 5.3% in the second quarter. Bank of America Corp DE now owns 581,465 shares of the company’s stock worth $16,589,000 after buying an additional 29,437 shares during the period. 88.66% of the stock is currently owned by institutional investors and hedge funds.

NCR Atleos Stock Down 0.0%

Shares of NCR Atleos stock opened at $40.48 on Thursday. 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 1-year low of $22.30 and a 1-year high of $43.42. The business’s fifty day moving average price is $39.32 and its two-hundred day moving average price is $38.45. The company has a market capitalization of $2.99 billion, a P/E ratio of 22.74 and a beta of 0.97.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on NATL. Weiss Ratings restated a “hold (c)” rating on shares of NCR Atleos in a research note on Thursday, January 22nd. Wedbush restated an “outperform” rating and set a $45.00 target price on shares of NCR Atleos in a research note on Friday, November 7th. Finally, Wall Street Zen lowered NCR Atleos from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target 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.