Geode Capital Management LLC raised its holdings in NCR Voyix Co. (NYSE:VYX - Free Report) by 2.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,266,734 shares of the company's stock after buying an additional 86,709 shares during the period. Geode Capital Management LLC owned about 2.24% of NCR Voyix worth $44,338,000 as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of the business. Savant Capital LLC purchased a new stake in NCR Voyix during the second quarter worth approximately $536,000. Penserra Capital Management LLC raised its holdings in NCR Voyix by 44.1% during the third quarter. Penserra Capital Management LLC now owns 178,875 shares of the company's stock worth $2,427,000 after purchasing an additional 54,714 shares in the last quarter. Luxor Capital Group LP lifted its position in shares of NCR Voyix by 88.9% during the 3rd quarter. Luxor Capital Group LP now owns 151,888 shares of the company's stock worth $2,061,000 after buying an additional 71,490 shares during the last quarter. Shapiro Capital Management LLC acquired a new position in shares of NCR Voyix in the 2nd quarter valued at $75,914,000. Finally, Mackenzie Financial Corp grew its position in shares of NCR Voyix by 165.2% in the 2nd quarter. Mackenzie Financial Corp now owns 206,550 shares of the company's stock valued at $2,551,000 after buying an additional 128,660 shares during the last quarter. 97.00% of the stock is owned by hedge funds and other institutional investors.
A number of equities research analysts recently weighed in on VYX shares. Needham & Company LLC reissued a "buy" rating and issued a $20.00 price target on shares of NCR Voyix in a research report on Monday, October 14th. The Goldman Sachs Group started coverage on NCR Voyix in a research report on Monday, October 14th. They issued a "neutral" rating and a $14.00 target price for the company. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $16.43.
View Our Latest Stock Analysis on VYX
Shares of VYX opened at $13.92 on Tuesday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.20. NCR Voyix Co. has a fifty-two week low of $10.87 and a fifty-two week high of $17.39. The firm has a 50-day simple moving average of $13.95 and a 200-day simple moving average of $13.48. The company has a market capitalization of $2.03 billion, a price-to-earnings ratio of 3.22 and a beta of 1.64.
NCR Voyix (NYSE:VYX - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported ($0.24) earnings per share for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.23). NCR Voyix had a negative return on equity of 47.67% and a net margin of 19.08%. The company had revenue of $711.00 million for the quarter, compared to analyst estimates of $692.58 million. During the same period in the previous year, the business posted $0.77 earnings per share. The firm's revenue was down 12.1% compared to the same quarter last year. On average, equities research analysts anticipate that NCR Voyix Co. will post -0.66 earnings per share for the current year.
NCR Voyix Corporation provides various software and services in the United States, the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Retail; Restaurants; and Digital Banking. It offers software, services, and hardware; and digital banking solutions for financial institution's consumer and business customers.
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