Deutsche Bank AG Increases Position in NCR Voyix Co. (NYSE:VYX)

Deutsche Bank AG increased its position in shares of NCR Voyix Co. (NYSE:VYX - Free Report) by 44.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 132,009 shares of the company's stock after purchasing an additional 40,372 shares during the period. Deutsche Bank AG owned 0.09% of NCR Voyix worth $1,827,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VYX. CIBC Asset Management Inc increased its holdings in shares of NCR Voyix by 6.5% during the 4th quarter. CIBC Asset Management Inc now owns 14,239 shares of the company's stock worth $197,000 after buying an additional 871 shares during the last quarter. Mariner LLC increased its stake in NCR Voyix by 6.6% during the fourth quarter. Mariner LLC now owns 14,022 shares of the company's stock worth $194,000 after acquiring an additional 872 shares during the last quarter. Summit Investment Advisors Inc. raised its position in NCR Voyix by 6.8% in the fourth quarter. Summit Investment Advisors Inc. now owns 15,221 shares of the company's stock valued at $211,000 after purchasing an additional 966 shares during the period. Trajan Wealth LLC lifted its stake in shares of NCR Voyix by 9.0% in the 4th quarter. Trajan Wealth LLC now owns 15,315 shares of the company's stock valued at $212,000 after purchasing an additional 1,269 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its holdings in shares of NCR Voyix by 175.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,232 shares of the company's stock worth $31,000 after purchasing an additional 1,423 shares during the period. 97.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on VYX. Royal Bank of Canada restated an "outperform" rating and issued a $17.00 price objective on shares of NCR Voyix in a report on Tuesday, March 25th. Needham & Company LLC reduced their price target on shares of NCR Voyix from $15.00 to $13.00 and set a "buy" rating on the stock in a research note on Friday, May 9th. Finally, The Goldman Sachs Group upped their price objective on shares of NCR Voyix from $8.50 to $11.00 and gave the stock a "neutral" rating in a report on Friday, May 9th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $14.60.

Insider Transactions at NCR Voyix

In other news, Director Laura Sen purchased 22,550 shares of the firm's stock in a transaction that occurred on Tuesday, May 13th. The stock was bought at an average price of $11.04 per share, for a total transaction of $248,952.00. Following the completion of the purchase, the director now directly owns 52,203 shares of the company's stock, valued at $576,321.12. The trade was a 76.05% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.61% of the company's stock.

NCR Voyix Trading Up 1.3%

NCR Voyix stock traded up $0.14 during midday trading on Thursday, reaching $11.21. 2,382,456 shares of the stock traded hands, compared to its average volume of 1,803,804. The firm has a market cap of $1.54 billion, a PE ratio of 2.60 and a beta of 1.52. 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 company has a 50-day simple moving average of $9.40 and a two-hundred day simple moving average of $11.68. NCR Voyix Co. has a 12-month low of $7.55 and a 12-month high of $15.34.

NCR Voyix (NYSE:VYX - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.09 earnings per share for the quarter, beating analysts' consensus estimates of $0.02 by $0.07. The firm had revenue of $617.00 million during the quarter, compared to analysts' expectations of $608.67 million. NCR Voyix had a net margin of 19.08% and a negative return on equity of 47.67%. The business's quarterly revenue was down 13.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.13 earnings per share. Research analysts expect that NCR Voyix Co. will post -0.86 earnings per share for the current fiscal year.

NCR Voyix Company 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.