Russell Investments Group Ltd. lessened its stake in shares of NCR Co. (NYSE:NCR – Get Ranking) by 72.7% within the 1st quarter, in response to the corporate in its most up-to-date Type 13F submitting with the Securities and Alternate Fee (SEC). The agency owned 264,917 shares of the data know-how companies supplier’s inventory after promoting 705,958 shares throughout the quarter. Russell Investments Group Ltd. owned 0.19% of NCR price $10,645,00Zero as of its most up-to-date SEC submitting.

A number of different hedge funds additionally lately purchased and bought shares of NCR. Commonwealth Fairness Companies LLC boosted its stake in NCR by 13.6% throughout the fourth quarter. Commonwealth Fairness Companies LLC now owns 22,758 shares of the data know-how companies supplier’s inventory price $914,00Zero after shopping for an extra 2,733 shares throughout the interval. Yousif Capital Administration LLC bought a brand new place in shares of NCR within the fourth quarter valued at roughly $2,893,000. Raymond James Belief N.A. bought a brand new place in shares of NCR within the fourth quarter valued at roughly $218,000. Qube Analysis & Applied sciences Ltd bought a brand new place in shares of NCR within the fourth quarter valued at roughly $614,000. Lastly, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of NCR by 25.6% within the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 16,439 shares of the data know-how companies supplier’s inventory valued at $661,00Zero after buying an extra 3,355 shares throughout the interval. Hedge funds and different institutional buyers personal 90.33% of the corporate’s inventory.

NCR Inventory Up 0.6 %

Shares of NCR inventory opened at $34.30 on Friday. NCR Co. has a 52-week low of $27.05 and a 52-week excessive of $45.92. The corporate has a 50 day shifting common of $31.81 and a 200 day shifting common of $35.92. The corporate has a fast ratio of 0.78, a present ratio of 1.08 and a debt-to-equity ratio of 4.00. The corporate has a market capitalization of $4.70 billion, a P/E ratio of 72.98 and a beta of 1.52.

NCR (NYSE:NCR – Get Ranking) final launched its quarterly earnings knowledge on Wednesday, July 27th. The knowledge know-how companies supplier reported $0.71 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.10. NCR had a web margin of 1.06% and a return on fairness of 26.93%. The corporate had income of $2 billion for the quarter, in comparison with analysts’ expectations of $1.98 billion. Throughout the identical quarter final yr, the corporate earned $0.62 earnings per share. The agency’s income for the quarter was up 19.1% on a year-over-year foundation. As a bunch, analysis analysts forecast that NCR Co. will submit 2.eight EPS for the present fiscal yr.

Analysts Set New Worth Targets

A number of analysis corporations have lately commented on NCR. Stephens lowered their value goal on shares of NCR to $38.00 in a analysis observe on Friday, July 22nd. TheStreet lowered shares of NCR from a “b-” ranking to a “c” ranking in a analysis observe on Tuesday, April 26th. Royal Financial institution of Canada lowered their value goal on shares of NCR from $54.00 to $44.00 in a analysis observe on Wednesday, April 27th. Lastly, Morgan Stanley decreased their value goal on shares of NCR from $61.00 to $40.00 in a analysis observe on Wednesday, April 27th. One equities analysis analyst has rated the inventory with a maintain ranking and three have given a purchase ranking to the corporate’s inventory. Primarily based on knowledge from MarketBeat.com, the corporate presently has a consensus ranking of “Average Purchase” and a consensus goal value of $40.67.

NCR Profile

(Get Ranking)

NCR Company offers numerous software program and companies worldwide. It operates by means of Banking, Retail, Hospitality, and Telecommunications and Expertise segments. The corporate presents managed companies and ATM-as-a-Service that permit banks to run their end-to-end ATM channels; software program, companies, and {hardware}; and digital banking options for monetary establishment’s shopper and enterprise prospects.

Featured Tales

Obtain Information & Rankings for NCR Every day – Enter your e mail tackle beneath to obtain a concise every day abstract of the newest information and analysts’ rankings for NCR and associated firms with MarketBeat.com’s FREE every day e mail publication.