Icon Advisers Inc. Co. grew its holdings in NCR Co. (NYSE:NCR) by 66.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 33,300 shares of the information technology services provider’s stock after acquiring an additional 13,300 shares during the period. Icon Advisers Inc. Co.’s holdings in NCR were worth $1,132,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of NCR by 43.1% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,567 shares of the information technology services provider’s stock worth $223,000 after buying an additional 1,979 shares in the last quarter. Oakbrook Investments LLC purchased a new position in shares of NCR in the 4th quarter worth $226,000. HighTower Advisors LLC grew its stake in shares of NCR by 8.9% in the 2nd quarter. HighTower Advisors LLC now owns 6,448 shares of the information technology services provider’s stock worth $261,000 after buying an additional 525 shares in the last quarter. Stoneridge Investment Partners LLC purchased a new position in shares of NCR in the 4th quarter worth $289,000. Finally, State of Alaska Department of Revenue purchased a new position in shares of NCR in the 4th quarter worth $299,000. 90.18% of the stock is owned by institutional investors and hedge funds.

In related news, EVP J. Robert Ciminera sold 1,937 shares of NCR stock in a transaction dated 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 Securities & Exchange Commission, which is available at this link. Company insiders own 1.00% of the company’s stock.

A number of brokerages have commented on NCR. Morgan Stanley dropped their price objective on shares of NCR from $41.00 to $40.00 and set an “equal weight” rating for the company in a research note on Friday. Benchmark restated a “buy” rating and issued a $44.00 target price on shares of NCR in a report on Wednesday, February 7th. DA Davidson assumed coverage on shares of NCR in a report on Wednesday, February 7th. They issued a “neutral” rating and a $39.00 target price for the company. ValuEngine lowered shares of NCR from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Finally, JPMorgan Chase & Co. set a $45.00 target price on shares of NCR and gave the stock a “buy” rating in a report on Saturday, October 21st. One analyst has rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company’s stock. NCR has an average rating of “Hold” and an average target price of $45.25.

Shares of NCR Co. (NYSE:NCR) opened at $30.56 on Monday. The stock has a market cap of $3,728.32, a PE ratio of 9.52, a PEG ratio of 2.30 and a beta of 1.83. The company has a quick ratio of 1.09, a current ratio of 1.50 and a debt-to-equity ratio of 4.07. NCR Co. has a twelve month low of $29.20 and a twelve month high of $49.90.

NCR (NYSE:NCR) last released its earnings results on Thursday, February 8th. The information technology services provider reported $0.92 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.87 by $0.05. The firm had revenue of $1.78 billion during the quarter, compared to analyst estimates of $1.75 billion. NCR had a net margin of 3.56% and a return on equity of 80.11%. The business’s revenue was down 1.1% on a year-over-year basis. During the same quarter last year, the business earned $1.07 EPS. research analysts expect that NCR Co. will post 3.32 earnings per share for the current fiscal year.

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NCR Profile

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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Institutional Ownership by Quarter for NCR (NYSE:NCR)

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