Aristeia Capital L.L.C. Takes $317,000 Position in NCR Voyix Corporation $VYX

Key Points

• Aristeia Capital L.L.C. acquired 32,524 shares of NCR Voyix Corporation, valued at approximately $317,000, during the first quarter.
• Other hedge funds also increased their positions in NCR Voyix, with notable increases from Caitong International Asset Management and GAMMA Investing LLC, indicating growing institutional interest in the stock.
• NCR Voyix reported earnings per share of $0.19 for the last quarter, exceeding analyst expectations, despite year-over-year revenue declining by 7.8%.

Aristeia Capital L.L.C. bought a new position in shares of NCR Voyix Corporation (NYSE:VYX - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 32,524 shares of the company's stock, valued at approximately $317,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Spire Wealth Management grew its position in shares of NCR Voyix by 20.7% during the 1st quarter. Spire Wealth Management now owns 7,930 shares of the company's stock worth $77,000 after purchasing an additional 1,360 shares in the last quarter. Invesco Ltd. grew its position in shares of NCR Voyix by 14.0% during the 1st quarter. Invesco Ltd. now owns 1,313,909 shares of the company's stock worth $12,811,000 after purchasing an additional 161,771 shares in the last quarter. Hsbc Holdings PLC grew its position in shares of NCR Voyix by 17.8% during the 1st quarter. Hsbc Holdings PLC now owns 32,349 shares of the company's stock worth $314,000 after purchasing an additional 4,898 shares in the last quarter. Bank of America Corp DE grew its position in shares of NCR Voyix by 79.5% during the 4th quarter. Bank of America Corp DE now owns 665,831 shares of the company's stock worth $9,215,000 after purchasing an additional 294,994 shares in the last quarter. Finally, Principal Financial Group Inc. grew its position in shares of NCR Voyix by 2.3% during the 1st quarter. Principal Financial Group Inc. now owns 728,597 shares of the company's stock worth $7,104,000 after purchasing an additional 16,569 shares in the last quarter. Institutional investors and hedge funds own 97.00% of the company's stock.

Analyst Ratings Changes

VYX has been the topic of a number of analyst reports. Stephens increased their target price on shares of NCR Voyix from $12.00 to $15.00 and gave the stock an "overweight" rating in a research report on Monday, June 9th. Stifel Nicolaus increased their price target on shares of NCR Voyix from $13.00 to $15.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $14.20.

NCR Voyix Price Performance

Shares of NYSE VYX traded down $0.22 during trading hours on Friday, hitting $12.81. 951,370 shares of the stock were exchanged, compared to its average volume of 1,353,529. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.96 and a current ratio of 1.16. The company has a market cap of $1.77 billion, a PE ratio of 1.80 and a beta of 1.66. The company's fifty day simple moving average is $13.29 and its two-hundred day simple moving average is $11.30. NCR Voyix Corporation has a 1-year low of $7.55 and a 1-year high of $15.34.

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

About NCR Voyix

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.