Lingohr & Partner Asset Management GmbH lessened its stake in shares of NCR Co. (NYSE:NCR) by 4.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,735 shares of the information technology services provider’s stock after selling 1,800 shares during the quarter. NCR comprises 1.1% of Lingohr & Partner Asset Management GmbH’s investment portfolio, making the stock its 21st biggest holding. Lingohr & Partner Asset Management GmbH’s holdings in NCR were worth $1,025,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Ironwood Investment Management LLC increased its stake in shares of NCR by 4.0% during the 1st quarter. Ironwood Investment Management LLC now owns 53,150 shares of the information technology services provider’s stock worth $1,450,000 after purchasing an additional 2,035 shares during the last quarter. Great West Life Assurance Co. Can increased its stake in shares of NCR by 3.9% during the 1st quarter. Great West Life Assurance Co. Can now owns 1,327,521 shares of the information technology services provider’s stock worth $36,122,000 after purchasing an additional 49,913 shares during the last quarter. ETF Managers Group LLC grew its stake in NCR by 9.7% in the 1st quarter. ETF Managers Group LLC now owns 288,150 shares of the information technology services provider’s stock valued at $7,864,000 after buying an additional 25,513 shares in the last quarter. Mason Street Advisors LLC grew its stake in NCR by 2.2% in the 1st quarter. Mason Street Advisors LLC now owns 63,251 shares of the information technology services provider’s stock valued at $1,726,000 after buying an additional 1,338 shares in the last quarter. Finally, Raymond James & Associates grew its stake in NCR by 17.0% in the 1st quarter. Raymond James & Associates now owns 598,399 shares of the information technology services provider’s stock valued at $16,330,000 after buying an additional 86,898 shares in the last quarter. 95.02% of the stock is currently owned by institutional investors.

NCR stock traded down $0.39 during mid-day trading on Thursday, reaching $31.44. The company’s stock had a trading volume of 5,738 shares, compared to its average volume of 1,099,692. NCR Co. has a 12-month low of $20.93 and a 12-month high of $33.00. The firm has a market capitalization of $3.84 billion, a price-to-earnings ratio of 12.15, a P/E/G ratio of 2.87 and a beta of 1.94. The company has a current ratio of 1.27, a quick ratio of 0.90 and a debt-to-equity ratio of 7.31.

NCR (NYSE:NCR) last released its quarterly earnings data on Tuesday, May 7th. The information technology services provider reported $0.48 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.48. NCR had a negative net margin of 1.09% and a positive return on equity of 91.22%. The business had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.52 billion. During the same period in the previous year, the business earned $0.56 EPS. NCR’s revenue was up 1.3% compared to the same quarter last year. On average, equities research analysts forecast that NCR Co. will post 2.78 EPS for the current year.

In other NCR news, SVP Adrian Button sold 4,690 shares of the firm’s stock in a transaction on Monday, February 25th. The shares were sold at an average price of $29.10, for a total value of $136,479.00. Following the completion of the transaction, the senior vice president now directly owns 29,412 shares of the company’s stock, valued at approximately $855,889.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Daniel William Campbell sold 31,029 shares of the firm’s stock in a transaction on Monday, May 13th. The shares were sold at an average price of $29.98, for a total transaction of $930,249.42. The disclosure for this sale can be found here. Insiders sold a total of 82,449 shares of company stock valued at $2,413,442 over the last quarter. 1.00% of the stock is owned by company insiders.

NCR has been the subject of a number of recent research reports. Zacks Investment Research upgraded shares of NCR from a “sell” rating to a “hold” rating in a research note on Wednesday. JPMorgan Chase & Co. lowered shares of NCR from an “overweight” rating to a “neutral” rating and set a $32.00 price objective for the company. in a research note on Monday, March 25th. Six investment analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $35.00.

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NCR Company Profile

NCR Corporation provides software and services for the financial, retail, hospitality, telecommunications, and technology industries worldwide. The company's Software segment offers industry-based software platforms, applications, and application suites for the financial services, retail, hospitality, and small business industries; and cash management software, video banking software, fraud and loss prevention, check and document imaging, remote-deposit capture, and customer-facing mobile and digital banking applications for the financial services industry.

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Institutional Ownership by Quarter for NCR (NYSE:NCR)

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