Yousif Capital Management LLC lowered its holdings in shares of NCR Co. (NYSE:NCR – Get Rating) by 8.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 72,924 shares of the information technology services provider's stock after selling 6,633 shares during the quarter. Yousif Capital Management LLC owned approximately 0.05% of NCR worth $1,386,000 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 NCR. Ronald Blue Trust Inc. bought a new stake in shares of NCR during the second quarter valued at approximately $40,000. SeaCrest Wealth Management LLC purchased a new position in NCR during the second quarter valued at $37,000. CWM LLC increased its holdings in NCR by 32.0% in the 2nd quarter. CWM LLC now owns 1,403 shares of the information technology services provider's stock valued at $44,000 after acquiring an additional 340 shares during the last quarter. Neo Ivy Capital Management lifted its stake in NCR by 350.6% in the 2nd quarter. Neo Ivy Capital Management now owns 1,442 shares of the information technology services provider's stock worth $44,000 after purchasing an additional 1,122 shares in the last quarter. Finally, Wipfli Financial Advisors LLC bought a new position in shares of NCR during the 3rd quarter valued at about $38,000. Institutional investors own 92.99% of the company's stock.
Get NCR alerts:Insider Buying and Selling at NCR
In other news, Director Joseph E. Reece purchased 5,000 shares of the company's stock in a transaction that occurred on Wednesday, November 9th. The stock was purchased at an average cost of $20.82 per share, with a total value of $104,100.00. Following the purchase, the director now owns 23,018 shares in the company, valued at $479,234.76. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 7.10% of the company's stock.
NCR Stock Performance
NYSE:NCR opened at $28.39 on Friday. The firm has a market capitalization of $3.90 billion, a PE ratio of 32.63 and a beta of 1.68. The stock's fifty day moving average is $24.57 and its 200 day moving average is $25.54. NCR Co. has a fifty-two week low of $18.06 and a fifty-two week high of $44.59. The company has a debt-to-equity ratio of 3.88, a quick ratio of 0.85 and a current ratio of 1.15.Analyst Upgrades and Downgrades
A number of equities research analysts recently commented on the company. DA Davidson decreased their target price on NCR from $45.00 to $35.00 in a research report on Thursday, October 27th. StockNews.com began coverage on NCR in a research report on Wednesday, October 12th. They set a "hold" rating for the company. Morgan Stanley cut their target price on shares of NCR from $27.00 to $24.00 and set an "equal weight" rating for the company in a report on Monday, October 17th. Finally, Stephens upped their price target on shares of NCR from $28.00 to $32.00 and gave the company an "overweight" rating in a research note on Thursday, December 8th.
NCR Profile
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NCR Corp. engages in the development, manufacture, and sale of consumer transaction solutions. It operates through the following segments: Banking, Retail, Hospitality, and Telecommunications and Technology. The Banking segment offers software, services, and hardware solutions for the financial services industry.
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