D. E. Shaw & Co. Inc. cut its position in NCR Voyix Co. (NYSE:VYX - Free Report) by 37.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 235,142 shares of the company's stock after selling 142,626 shares during the quarter. D. E. Shaw & Co. Inc. owned approximately 0.16% of NCR Voyix worth $3,254,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in VYX. Greenhouse Funds LLLP boosted its position 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 boosted its position in shares of NCR Voyix by 966.8% in the 4th quarter. Boston Partners now owns 732,480 shares of the company's stock valued at $10,131,000 after purchasing an additional 663,821 shares during the period. Victory Capital Management Inc. boosted its position in shares of NCR Voyix by 15.3% in the 4th quarter. Victory Capital Management Inc. now owns 4,693,119 shares of the company's stock valued at $64,953,000 after purchasing an additional 621,303 shares during the period. Barclays PLC boosted its position in shares of NCR Voyix by 149.5% in the 3rd quarter. Barclays PLC now owns 668,816 shares of the company's stock valued at $9,075,000 after purchasing an additional 400,734 shares during the period. Finally, North Reef Capital Management LP raised its stake in NCR Voyix by 420.6% during the 4th quarter. North Reef Capital Management LP now owns 401,200 shares of the company's stock valued at $5,553,000 after acquiring an additional 324,132 shares during the last quarter. 97.00% of the stock is owned by institutional investors and hedge funds.
NCR Voyix Price Performance
Shares of VYX traded down $0.12 during mid-day trading on Friday, hitting $10.82. The company's stock had a trading volume of 1,517,183 shares, compared to its average volume of 1,804,533. The company has a current ratio of 1.20, a quick ratio of 1.06 and a debt-to-equity ratio of 1.09. The firm has a 50-day simple moving average of $9.33 and a 200 day simple moving average of $11.75. The firm has a market capitalization of $1.49 billion, a P/E ratio of 2.50 and a beta of 1.52. NCR Voyix Co. has a 1-year low of $7.55 and a 1-year high of $15.34.
NCR Voyix (NYSE:VYX - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.02 by $0.07. The business had revenue of $617.00 million during the quarter, compared to analysts' expectations of $608.67 million. NCR Voyix had a negative return on equity of 47.67% and a net margin of 19.08%. The company's quarterly revenue was down 13.1% compared to the same quarter last year. During the same period last year, the firm earned $0.13 EPS. Analysts predict that NCR Voyix Co. will post -0.86 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several analysts have commented on VYX shares. The Goldman Sachs Group upped their price objective on NCR Voyix from $8.50 to $11.00 and gave the company a "neutral" rating in a research note on Friday, May 9th. Needham & Company LLC reduced their price objective on NCR Voyix from $15.00 to $13.00 and set a "buy" rating for the company in a research note on Friday, May 9th. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and set a $17.00 price objective on shares of NCR Voyix in a research note on Tuesday, March 25th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, NCR Voyix presently has an average rating of "Moderate Buy" and an average target price of $14.60.
Read Our Latest Stock Analysis on VYX
Insider Transactions at NCR Voyix
In other news, Director Laura Sen purchased 22,550 shares of the firm's stock in a transaction on Tuesday, May 13th. The shares were bought at an average cost of $11.04 per share, with a total value of $248,952.00. Following the purchase, the director now directly owns 52,203 shares of the company's stock, valued at approximately $576,321.12. This trade represents a 76.05% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.61% of the company's stock.
NCR Voyix Company Profile
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Free Report)
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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