Community Bank of Raymore Has $115,000 Holdings in NCR Voyix Corporation (NYSE:VYX)

Key Points

• Community Bank of Raymore significantly reduced its stock holdings in NCR Voyix Corporation by 75.6%, now owning 11,750 shares valued at approximately $115,000.
• Institutional investors hold 97.00% of NCR Voyix's stock, with some increasing their positions, such as Caitong International Asset Management, which raised its stake by 375.7%.
• NCR Voyix reported earnings of $0.19 per share for the last quarter, surpassing analyst expectations, although revenue declined by 7.8% year-over-year.

Community Bank of Raymore decreased its position in shares of NCR Voyix Corporation (NYSE:VYX - Free Report) by 75.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 11,750 shares of the company's stock after selling 36,355 shares during the quarter. Community Bank of Raymore's holdings in NCR Voyix were worth $115,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd raised its position in shares of NCR Voyix by 375.7% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 6,650 shares of the company's stock worth $65,000 after purchasing an additional 5,252 shares during the last quarter. Spire Wealth Management raised 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 during the last quarter. Cetera Investment Advisers acquired a new position in NCR Voyix in the 1st quarter valued at $152,000. Mariner LLC raised its holdings in NCR Voyix by 6.6% in the 4th quarter. Mariner LLC now owns 14,022 shares of the company's stock valued at $194,000 after acquiring an additional 872 shares during the last quarter. Finally, Teacher Retirement System of Texas acquired a new position in NCR Voyix in the 1st quarter valued at $198,000. Hedge funds and other institutional investors own 97.00% of the company's stock.

NCR Voyix Price Performance

Shares of NCR Voyix stock traded down $0.13 on Friday, hitting $12.51. The company had a trading volume of 1,968,195 shares, compared to its average volume of 1,942,530. The business has a 50-day simple moving average of $12.87 and a 200-day simple moving average of $11.19. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.16 and a quick ratio of 0.96. The company has a market cap of $1.73 billion, a PE ratio of 1.75 and a beta of 1.67. NCR Voyix Corporation has a 52 week low of $7.55 and a 52 week high of $15.34.

NCR Voyix (NYSE:VYX - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.19 earnings per share (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 analysts' expectations of $648.13 million. NCR Voyix had a net margin of 38.86% and a negative return on equity of 2.84%. The business's revenue was down 7.8% on a year-over-year basis. During the same period last year, the firm posted ($0.20) earnings per share. Research analysts expect that NCR Voyix Corporation will post -0.86 EPS for the current fiscal year.

Analysts Set New Price Targets

VYX has been the subject of several analyst reports. Needham & Company LLC cut their price target on NCR Voyix from $15.00 to $13.00 and set a "buy" rating for the company in a report on Friday, May 9th. The Goldman Sachs Group boosted their price objective on shares of NCR Voyix from $8.50 to $11.00 and gave the company a "neutral" rating in a research note on Friday, May 9th. Stephens upped their price target 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. Finally, Stifel Nicolaus upped 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. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, NCR Voyix has a consensus rating of "Moderate Buy" and a consensus target price of $14.20.

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.