Deutsche Bank AG Purchases 40,372 Shares of NCR Voyix Co. (NYSE:VYX)

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

Several other hedge funds have also made changes to their positions in the business. Smartleaf Asset Management LLC raised its position 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 acquiring an additional 1,423 shares in the last quarter. KBC Group NV grew its holdings in NCR Voyix by 55.1% during the 4th quarter. KBC Group NV now owns 7,148 shares of the company's stock valued at $99,000 after buying an additional 2,540 shares during the last quarter. Xponance Inc. acquired a new stake in shares of NCR Voyix in the fourth quarter worth approximately $146,000. Cibc World Markets Corp acquired a new position in shares of NCR Voyix during the 4th quarter valued at $188,000. Finally, Magnetar Financial LLC acquired a new position in NCR Voyix in the 4th quarter worth $189,000. Institutional investors and hedge funds own 97.00% of the company's stock.

Insider Buying and Selling at NCR Voyix

In other NCR Voyix news, Director Laura Sen purchased 22,550 shares of the stock in a transaction on Tuesday, May 13th. The stock was acquired at an average cost of $11.04 per share, with a total value 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 approximately $576,321.12. This trade represents a 76.05% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.61% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have commented on VYX. Royal Bank of Canada restated an "outperform" rating and issued a $17.00 price target on shares of NCR Voyix in a research note 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 for the company in a report on Friday, May 9th. Finally, The Goldman Sachs Group lifted their price objective on NCR Voyix from $8.50 to $11.00 and gave the company a "neutral" rating in a report on Friday, May 9th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $14.60.

NCR Voyix Price Performance

VYX traded down $0.06 on Wednesday, hitting $11.12. 544,749 shares of the stock were exchanged, compared to its average volume of 1,799,284. The firm has a market capitalization of $1.53 billion, a price-to-earnings ratio of 2.58 and a beta of 1.52. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.20 and a quick ratio of 1.06. NCR Voyix Co. has a 12 month low of $7.55 and a 12 month high of $15.34. The business has a 50-day moving average of $9.36 and a two-hundred day moving average of $11.71.

NCR Voyix (NYSE:VYX - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported $0.09 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.07. The business had revenue of $617.00 million during the quarter, compared to the consensus estimate of $608.67 million. NCR Voyix had a negative return on equity of 47.67% and a net margin of 19.08%. The firm's revenue for the quarter was down 13.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.13 earnings per share. Sell-side analysts forecast that NCR Voyix Co. will post -0.86 EPS 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.