NCR Co. (NCR) Shares Bought by Point72 Asset Management L.P.

Point72 Asset Management L.P. grew its holdings in shares of NCR Co. (NYSE:NCR) by 43.8% during the first quarter, HoldingsChannel reports. The institutional investor owned 349,732 shares of the information technology services provider’s stock after purchasing an additional 106,532 shares during the quarter. Point72 Asset Management L.P.’s holdings in NCR were worth $11,024,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the business. Princeton Capital Management LLC bought a new position in shares of NCR in the 1st quarter worth $165,000. Fuller & Thaler Asset Management Inc. lifted its holdings in shares of NCR by 392.3% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 6,400 shares of the information technology services provider’s stock worth $218,000 after purchasing an additional 5,100 shares in the last quarter. Fiduciary Trust Co. bought a new position in shares of NCR in the 1st quarter worth $221,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of NCR by 43.1% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,567 shares of the information technology services provider’s stock worth $223,000 after purchasing an additional 1,979 shares in the last quarter. Finally, Financial Counselors Inc. lifted its holdings in shares of NCR by 34.5% in the 4th quarter. Financial Counselors Inc. now owns 7,475 shares of the information technology services provider’s stock worth $254,000 after purchasing an additional 1,918 shares in the last quarter. Hedge funds and other institutional investors own 90.61% of the company’s stock.

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A number of equities analysts recently issued reports on NCR shares. ValuEngine cut NCR from a “hold” rating to a “sell” rating in a report on Wednesday, May 2nd. TheStreet upgraded NCR from a “c” rating to a “b-” rating in a report on Wednesday, May 2nd. Oppenheimer cut their target price on NCR from $51.00 to $37.00 and set an “outperform” rating on the stock in a report on Thursday, May 24th. Finally, DA Davidson set a $33.00 target price on NCR and gave the stock a “hold” rating in a report on Wednesday, May 2nd. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $41.57.

In related news, CEO Michael D. Hayford purchased 17,500 shares of the stock in a transaction that occurred on Tuesday, May 8th. The stock was acquired at an average cost of $29.28 per share, with a total value of $512,400.00. Following the transaction, the chief executive officer now owns 178,014 shares of the company’s stock, valued at approximately $5,212,249.92. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.00% of the company’s stock.

NCR opened at $32.22 on Tuesday, according to Marketbeat.com. The firm has a market capitalization of $3.81 billion, a P/E ratio of 10.07, a P/E/G ratio of 2.44 and a beta of 1.83. NCR Co. has a 12 month low of $26.00 and a 12 month high of $43.24. The company has a quick ratio of 1.07, a current ratio of 1.51 and a debt-to-equity ratio of 5.05.

NCR (NYSE:NCR) last released its quarterly earnings results on Tuesday, May 1st. The information technology services provider reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.11. The business had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.47 billion. NCR had a return on equity of 70.12% and a net margin of 2.97%. NCR’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.56 EPS. equities analysts expect that NCR Co. will post 3.3 EPS for the current year.

NCR Company Profile

NCR Corporation provides omni-channel technology solutions that enable businesses connect, interact, and transact with their customers worldwide. The company's Software segment offers industry-based software platforms and 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 applications, check and document imaging, remote-deposit capture, and customer-facing mobile and digital banking applications for the financial services industry.

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Stitch Fix Inc (SFIX) Receives $25.57 Average Target Price from Brokerages

Shares of Stitch Fix Inc (NASDAQ:SFIX) have been given an average rating of “Hold” by the nine ratings firms that are currently covering the company, MarketBeat.com reports. Six research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $25.71.

Several brokerages recently issued reports on SFIX. Stifel Nicolaus boosted their price target on shares of Stitch Fix from $25.00 to $26.00 and gave the company a “hold” rating in a research report on Friday. Buckingham Research began coverage on shares of Stitch Fix in a research report on Monday, March 19th. They set a “neutral” rating and a $22.00 price target on the stock. Finally, ValuEngine upgraded shares of Stitch Fix from a “sell” rating to a “hold” rating in a research report on Wednesday, April 4th.

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Shares of Stitch Fix traded up $1.83, reaching $21.50, during mid-day trading on Tuesday, MarketBeat reports. The stock had a trading volume of 119,589 shares, compared to its average volume of 798,354. Stitch Fix has a 52-week low of $14.48 and a 52-week high of $30.07.

Stitch Fix (NASDAQ:SFIX) last announced its quarterly earnings results on Thursday, June 7th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.06. The company had revenue of $316.70 million for the quarter, compared to analysts’ expectations of $306.67 million. During the same quarter in the prior year, the firm earned ($0.38) EPS. Stitch Fix’s quarterly revenue was up 29.2% compared to the same quarter last year. equities analysts predict that Stitch Fix will post 0.14 EPS for the current year.

In related news, CEO Katrina Lake sold 200,000 shares of the business’s stock in a transaction dated Wednesday, March 21st. The shares were sold at an average price of $19.96, for a total transaction of $3,992,000.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder Barry Eggers sold 31,886 shares of the business’s stock in a transaction dated Friday, June 1st. The stock was sold at an average price of $19.19, for a total transaction of $611,892.34. The disclosure for this sale can be found here. Insiders have sold 833,181 shares of company stock worth $17,149,049 in the last three months.

A number of large investors have recently bought and sold shares of SFIX. Millennium Management LLC bought a new position in shares of Stitch Fix in the first quarter worth approximately $296,000. Element Capital Management LLC bought a new position in shares of Stitch Fix in the first quarter worth approximately $220,000. Barclays PLC lifted its stake in shares of Stitch Fix by 17,113.6% in the first quarter. Barclays PLC now owns 115,503 shares of the company’s stock worth $2,343,000 after buying an additional 114,832 shares in the last quarter. Blair William & Co. IL bought a new position in shares of Stitch Fix in the first quarter worth approximately $1,458,000. Finally, Pier Capital LLC bought a new position in shares of Stitch Fix in the first quarter worth approximately $4,077,000. 12.05% of the stock is currently owned by institutional investors and hedge funds.

Stitch Fix Company Profile

Stitch Fix, Inc sells a range of apparel, shoes, and accessories through its Website and mobile app in the United States. It offers denim, dresses, blouses, skirts, shoes, jewelry, and handbags for men and women under the Stitch Fix brand. The company was formerly known as rack habit inc. and changed its name to Stitch Fix, Inc in October 2011.