Crescent Grove Advisors LLC Acquires 280,672 Shares of NCR Voyix Corporation (NYSE:VYX)

Crescent Grove Advisors LLC grew its position in NCR Voyix Corporation (NYSE:VYX - Free Report) by 47.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 866,347 shares of the company's stock after acquiring an additional 280,672 shares during the quarter. NCR Voyix accounts for about 0.9% of Crescent Grove Advisors LLC's holdings, making the stock its 29th largest position. Crescent Grove Advisors LLC owned 0.62% of NCR Voyix worth $8,447,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. 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 purchasing an additional 956,177 shares during the period. Greenhouse Funds LLLP grew its stake in shares of NCR Voyix by 10.4% in the 4th quarter. Greenhouse Funds LLLP now owns 8,332,854 shares of the company's stock valued at $115,327,000 after purchasing an additional 787,032 shares during the period. Boston Partners raised its holdings in shares of NCR Voyix by 966.8% in the 4th quarter. Boston Partners now owns 732,480 shares of the company's stock worth $10,131,000 after buying an additional 663,821 shares in the last quarter. Victory Capital Management Inc. lifted its position in shares of NCR Voyix by 15.3% during the 4th quarter. Victory Capital Management Inc. now owns 4,693,119 shares of the company's stock worth $64,953,000 after buying an additional 621,303 shares during the period. Finally, North Reef Capital Management LP boosted its stake in NCR Voyix by 420.6% in the 4th quarter. North Reef Capital Management LP now owns 401,200 shares of the company's stock valued at $5,553,000 after buying an additional 324,132 shares in the last quarter. Institutional investors and hedge funds own 97.00% of the company's stock.

NCR Voyix Price Performance

Shares of NYSE:VYX traded up $0.48 during midday trading on Tuesday, reaching $12.21. The company's stock had a trading volume of 1,463,690 shares, compared to its average volume of 1,872,777. The business's fifty day simple moving average is $10.62 and its 200-day simple moving average is $11.21. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.12 and a quick ratio of 0.96. NCR Voyix Corporation has a fifty-two week low of $7.55 and a fifty-two week high of $15.34. The company has a market capitalization of $1.68 billion, a P/E ratio of 1.84 and a beta of 1.65.

NCR Voyix (NYSE:VYX - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.07. NCR Voyix had a net margin of 33.61% and a negative return on equity of 17.40%. The firm had revenue of $617.00 million during the quarter, compared to analysts' expectations of $608.67 million. During the same quarter last year, the company posted $0.13 EPS. The company's quarterly revenue was down 13.1% compared to the same quarter last year. As a group, equities research analysts expect that NCR Voyix Corporation will post -0.86 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. The Goldman Sachs Group increased their price objective on NCR Voyix from $8.50 to $11.00 and gave the stock a "neutral" rating in a research note on Friday, May 9th. Needham & Company LLC dropped their target price on shares of NCR Voyix from $15.00 to $13.00 and set a "buy" rating for the company in a research report on Friday, May 9th. Royal Bank Of Canada reissued an "outperform" rating and set a $17.00 price target on shares of NCR Voyix in a report on Tuesday, March 25th. Finally, Stephens upped their price objective on shares of NCR Voyix from $12.00 to $15.00 and gave the stock an "overweight" rating in a research note on Monday, June 9th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $14.40.

Insiders Place Their Bets

In other news, Director Laura Sen bought 22,550 shares of the stock in a transaction dated Tuesday, May 13th. The stock was bought at an average cost of $11.04 per share, with a total value of $248,952.00. Following the purchase, the director owned 52,203 shares of the company's stock, valued at approximately $576,321.12. This represents a 76.05% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. 0.29% of the stock is owned by company insiders.

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.