Moisand Fitzgerald Tamayo Exits Position in NCR Corporation (NCR)

NCR Corporation (NCR) : Moisand Fitzgerald Tamayo has sold out all of its stake in NCR Corporation during the most recent quarter, according to the disclosure filed by the company on Aug 3, 2016 with the SEC. The investment management company has sold out 21 shares of NCR Corporation which is valued at $681.

Other Hedge Funds, Including , Signaturefd boosted its stake in NCR in the latest quarter, The investment management firm added 36 additional shares and now holds a total of 186 shares of NCR Corporation which is valued at $6,132.Louisiana State Employees Retirement System reduced its stake in NCR by selling 1,400 shares or 4.08% in the most recent quarter. The Hedge Fund company now holds 32,900 shares of NCR which is valued at $1,053,787. NCR Corporation makes up approx 0.05% of Louisiana State Employees Retirement System’s portfolio. Fox Run Management L.l.c. added NCR to its portfolio by purchasing 12,200 company shares during the most recent quarter which is valued at $382,958. NCR Corporation makes up approx 0.18% of Fox Run Management L.l.c.’s portfolio.

NCR Corporation opened for trading at $32.74 and hit $33.5 on the upside on Monday, eventually ending the session at $33.45, with a gain of 2.36% or 0.77 points. The heightened volatility saw the trading volume jump to 7,70,364 shares. Company has a market cap of $4,141 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.

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