Sumitomo Mitsui Asset Management Company LTD Buys Shares of 138,390 NCR Co. (NCR)
Sumitomo Mitsui Asset Management Company LTD bought a new stake in NCR Co. (NYSE:NCR) during the fourth quarter, HoldingsChannel.com reports. The fund bought 138,390 shares of the information technology services provider’s stock, valued at approximately $4,703,000.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Aperio Group LLC grew its position in shares of NCR by 10.0% in the 3rd quarter. Aperio Group LLC now owns 42,660 shares of the information technology services provider’s stock valued at $1,601,000 after buying an additional 3,864 shares during the last quarter. Royal Bank of Canada grew its position in shares of NCR by 124.0% in the 2nd quarter. Royal Bank of Canada now owns 96,739 shares of the information technology services provider’s stock valued at $3,951,000 after buying an additional 53,547 shares during the last quarter. Dana Investment Advisors Inc. purchased a new position in shares of NCR in the 2nd quarter valued at $2,361,000. Intrinsic Edge Capital Management LLC purchased a new position in shares of NCR in the 2nd quarter valued at $724,000. Finally, ETF Managers Group LLC purchased a new position in shares of NCR in the 2nd quarter valued at $3,775,000. 90.38% of the stock is currently owned by hedge funds and other institutional investors.
In related news, EVP J. Robert Ciminera sold 1,937 shares of the stock in a transaction on Tuesday, January 23rd. The shares were sold at an average price of $37.36, for a total transaction of $72,366.32. Following the completion of the sale, the executive vice president now owns 6,802 shares in the company, valued at approximately $254,122.72. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.00% of the stock is owned by corporate insiders.
Shares of NCR Co. (NYSE:NCR) opened at $37.89 on Friday. The firm has a market cap of $4,541.92, a price-to-earnings ratio of 22.96 and a beta of 1.82. The company has a debt-to-equity ratio of 3.86, a quick ratio of 1.01 and a current ratio of 1.42. NCR Co. has a 52 week low of $29.20 and a 52 week high of $49.90.
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NCR Corporation is a provider of Omni-channel technology solutions that enable businesses connect, interact and transact with their customers. The Company operates through three segments: Software, Services and Hardware. It sells a portfolio of hardware, software and services that combine to provide businesses with solutions.
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