NCR Corporation (NCR) : Kirr Marbach Co In reduced its stake in NCR Corporation by 0.67% during the most recent quarter end. The investment management company now holds a total of 577,863 shares of NCR Corporation which is valued at $18,098,669 after selling 3,925 shares in NCR Corporation , the firm said in a disclosure report filed with the SEC on Apr 19, 2016.NCR Corporation makes up approximately 3.65% of Kirr Marbach Co In’s portfolio.
NCR Corporation opened for trading at $30.68 and hit $31.4 on the upside on Friday, eventually ending the session at $31.32, with a gain of 1.69% or 0.52 points. The heightened volatility saw the trading volume jump to 8,70,981 shares. Company has a market cap of $4,169 M.
Other Hedge Funds, Including , Fisher Asset Management reduced its stake in NCR by selling 1,217,852 shares or 84.26% in the most recent quarter. The Hedge Fund company now holds 227,413 shares of NCR which is valued at $7,122,575. NCR Corporation makes up approx 0.01% of Fisher Asset Management’s portfolio.Gemmer Asset Management boosted its stake in NCR in the latest quarter, The investment management firm added 21 additional shares and now holds a total of 386 shares of NCR Corporation which is valued at $11,696. NCR Corporation makes up approx 0.01% of Gemmer Asset Management’s portfolio.Eqis Capital Management reduced its stake in NCR by selling 3,626 shares or 15.93% in the most recent quarter. The Hedge Fund company now holds 19,129 shares of NCR which is valued at $572,722. NCR Corporation makes up approx 0.04% of Eqis Capital Management’s portfolio.
On the company’s financial health, NCR Corporation reported $0.92 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Feb 9, 2016. Analyst had a consensus of $0.86. The company had revenue of $1680.00 million for the quarter, compared to analysts expectations of $1704.46 million. The company’s revenue was down -5.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.88 EPS.
Many Wall Street Analysts have commented on NCR Corporation. Company shares were Reiterated by RBC Capital Mkts on Mar 8, 2016 to “Outperform”, Firm has raised the Price Target to $ 30 from a previous price target of $25 .Shares were Reiterated by RBC Capital Mkts on Feb 10, 2016 to “Outperform” and Lowered the Price Target to $ 25 from a previous price target of $31 .Shares were Reiterated by Wedbush on Feb 4, 2016 to “Neutral” and Lowered the Price Target to $ 20 from a previous price target of $22 .
NCR Corporation (NCR) is a global technology company that provides products and services that enable businesses to connect interact and transact with their customers. It operates in four business segments which include Financial Services Retail Solutions Hospitality and Emerging Industries. NCR offers financial services such as a line of ATM and payment processing hardware and software; cash management and video banking software and digital banking services and related installation maintenance and managed and professional services. NCR offers technology solutions to customers in the hospitality industry. The Company offers maintenance as well as managed and professional services for third-party computer hardware provided to select manufacturers. The Company offers solutions to customers in the retail industry.