NCR Corporation (NCR) Stake Maintained by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio continued to hold its position in shares of NCR Corporation (NYSE:NCR) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,841 shares of the information technology services provider’s stock at the end of the first quarter. Public Employees Retirement System of Ohio’s holdings in NCR Corporation were worth $1,866,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. FNY Partners Fund LP purchased a new position in shares of NCR Corporation during the first quarter worth about $107,000. Bronfman E.L. Rothschild L.P. boosted its position in shares of NCR Corporation by 5.5% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 2,364 shares of the information technology services provider’s stock worth $108,000 after buying an additional 124 shares in the last quarter. Oppenheimer Asset Management Inc. purchased a new position in shares of NCR Corporation during the first quarter worth about $114,000. James Investment Research Inc. purchased a new position in shares of NCR Corporation during the first quarter worth about $152,000. Finally, Highbridge Capital Management LLC purchased a new position in shares of NCR Corporation during the first quarter worth about $216,000. Hedge funds and other institutional investors own 89.06% of the company’s stock.

Shares of NCR Corporation (NYSE NCR) traded down 1.13% during trading on Friday, reaching $34.99. 1,559,723 shares of the company were exchanged. The firm’s 50 day moving average price is $38.68 and its 200 day moving average price is $42.01. NCR Corporation has a one year low of $29.83 and a one year high of $49.90. The company has a market capitalization of $4.25 billion, a PE ratio of 21.56 and a beta of 1.88.

NCR Corporation (NYSE:NCR) last announced its quarterly earnings data on Thursday, July 20th. The information technology services provider reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.04. NCR Corporation had a return on equity of 87.62% and a net margin of 4.90%. The company had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.61 billion. During the same quarter last year, the firm posted $0.72 EPS. The firm’s revenue for the quarter was down 1.7% on a year-over-year basis. Equities research analysts forecast that NCR Corporation will post $3.37 earnings per share for the current fiscal year.

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A number of brokerages recently issued reports on NCR. BidaskClub cut shares of NCR Corporation from a “sell” rating to a “strong sell” rating in a report on Saturday, August 5th. TheStreet raised shares of NCR Corporation from a “c+” rating to a “b” rating in a research note on Thursday, July 20th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of NCR Corporation in a research note on Sunday, July 16th. Zacks Investment Research lowered shares of NCR Corporation from a “buy” rating to a “hold” rating in a research note on Monday, June 5th. Finally, Compass Point assumed coverage on shares of NCR Corporation in a research note on Tuesday, July 18th. They issued a “buy” rating and a $48.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $47.29.

NCR Corporation Company 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.

Institutional Ownership by Quarter for NCR Corporation (NYSE:NCR)

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