Whetstone Capital Advisors LLC Buys Shares of 506,952 NCR Voyix Corporation $VYX

Key Points

• Whetstone Capital Advisors LLC acquired 506,952 shares of NCR Voyix Corporation, valued at approximately $4.943 million, making it 2.2% of their portfolio and the company’s 18th largest position.
• Institutional ownership of NCR Voyix is high, with 97.00% of the stock being held by various hedge funds and institutional investors, indicating strong market confidence.
• NCR Voyix reported a quarterly EPS of $0.19, beating estimates, although its revenue was down 7.8% year-over-year, prompting analysts to set varying price targets for the stock.

Whetstone Capital Advisors LLC purchased a new position in NCR Voyix Corporation (NYSE:VYX - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 506,952 shares of the company's stock, valued at approximately $4,943,000. NCR Voyix comprises approximately 2.2% of Whetstone Capital Advisors LLC's holdings, making the stock its 18th biggest position. Whetstone Capital Advisors LLC owned about 0.36% of NCR Voyix as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Shapiro Capital Management LLC lifted its position in NCR Voyix by 10.1% in the fourth quarter. Shapiro Capital Management LLC now owns 10,410,704 shares of the company's stock worth $144,084,000 after buying an additional 956,177 shares during the last quarter. Fuller & Thaler Asset Management Inc. lifted its position in shares of NCR Voyix by 25.6% during the first quarter. Fuller & Thaler Asset Management Inc. now owns 7,331,556 shares of the company's stock worth $71,483,000 after purchasing an additional 1,494,252 shares during the last quarter. First Pacific Advisors LP lifted its position in shares of NCR Voyix by 6.9% during the first quarter. First Pacific Advisors LP now owns 3,702,391 shares of the company's stock worth $36,098,000 after purchasing an additional 238,067 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of NCR Voyix by 2.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,890,765 shares of the company's stock worth $40,008,000 after purchasing an additional 57,983 shares during the last quarter. Finally, Private Management Group Inc. lifted its position in shares of NCR Voyix by 17.6% during the first quarter. Private Management Group Inc. now owns 2,734,960 shares of the company's stock worth $26,666,000 after purchasing an additional 408,833 shares during the last quarter. 97.00% of the stock is currently owned by institutional investors.

NCR Voyix Stock Up 7.1%

Shares of NCR Voyix stock traded up $0.9050 during trading on Friday, hitting $13.7150. 1,944,519 shares of the stock traded hands, compared to its average volume of 1,873,669. The firm has a market cap of $1.90 billion, a P/E ratio of 1.92 and a beta of 1.67. The company has a current ratio of 1.16, a quick ratio of 0.96 and a debt-to-equity ratio of 1.27. NCR Voyix Corporation has a 52-week low of $7.55 and a 52-week high of $15.34. The stock's fifty day simple moving average is $12.98 and its 200 day simple moving average is $11.21.

NCR Voyix (NYSE:VYX - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.14 by $0.05. The firm had revenue of $666.00 million for the quarter, compared to analyst estimates of $648.13 million. NCR Voyix had a negative return on equity of 2.84% and a net margin of 38.86%.The business's revenue for the quarter was down 7.8% on a year-over-year basis. During the same quarter last year, the firm posted ($0.20) earnings per share. NCR Voyix has set its FY 2025 guidance at 0.750-0.800 EPS. On average, equities analysts predict that NCR Voyix Corporation will post -0.86 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on VYX shares. The Goldman Sachs Group lifted their target price on NCR Voyix from $8.50 to $11.00 and gave the stock a "neutral" rating in a research report on Friday, May 9th. Stifel Nicolaus lifted their target price on NCR Voyix from $13.00 to $15.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Needham & Company LLC decreased their target price on NCR Voyix from $15.00 to $13.00 and set a "buy" rating for the company in a research report on Friday, May 9th. Finally, Stephens lifted their target price on NCR Voyix from $12.00 to $15.00 and gave the stock an "overweight" rating in a research report on Monday, June 9th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $14.20.

NCR Voyix Profile

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.