NCR Corporation (NCR) : P Schoenfeld Asset Management Lp reduced its stake in NCR Corporation by 5.58% during the most recent quarter end. The investment management company now holds a total of 1,958,853 shares of NCR Corporation which is valued at $64,935,977 after selling 115,788 shares in NCR Corporation , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.NCR Corporation makes up approximately 9.01% of P Schoenfeld Asset Management Lp’s portfolio.
Other Hedge Funds, Including , M&r Capital Management Inc added NCR to its portfolio by purchasing 2,850 company shares during the most recent quarter which is valued at $94,478. NCR Corporation makes up approx 0.02% of M&r Capital Management Inc’s portfolio. Oppenheimer Co Inc sold out all of its stake in NCR during the most recent quarter. The investment firm sold 10,324 shares of NCR which is valued $345,338.Assetmark Inc reduced its stake in NCR by selling 10 shares or 0.77% in the most recent quarter. The Hedge Fund company now holds 1,282 shares of NCR which is valued at $42,883.Gamco Investors Et Al reduced its stake in NCR by selling 95,550 shares or 8.56% in the most recent quarter. The Hedge Fund company now holds 1,020,355 shares of NCR which is valued at $33,345,201. NCR Corporation makes up approx 0.21% of Gamco Investors Et Al’s portfolio.Cibc Asset Management Inc reduced its stake in NCR by selling 340 shares or 3.27% in the most recent quarter. The Hedge Fund company now holds 10,064 shares of NCR which is valued at $326,275.
NCR Corporation opened for trading at $33.52 and hit $33.825 on the upside on Friday, eventually ending the session at $33.73, with a gain of 0.12% or 0.04 points. The heightened volatility saw the trading volume jump to 4,53,451 shares. Company has a market cap of $4,176 M.
On the company’s financial health, NCR Corporation reported $0.38 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Apr 26, 2016. Analyst had a consensus of $0.33. The company had revenue of $1444.00 million for the quarter, compared to analysts expectations of $1462.50 million. The company’s revenue was down -2.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.43 EPS.
Many Wall Street Analysts have commented on NCR Corporation. Company shares were Reiterated by Wedbush on Jul 27, 2016 to “Neutral”, Firm has raised the Price Target to $ 25 from a previous price target of $20 .
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.