Fox Run Management L.L.C. Makes New $336,000 Investment in NCR Voyix Corporation $VYX

Key Points

• Fox Run Management L.L.C. acquired a new stake in NCR Voyix Corporation, purchasing 34,474 shares valued at approximately $336,000 in the 1st quarter.
• A significant majority, or 97%, of NCR Voyix's stock is currently owned by institutional investors and hedge funds, with multiple firms increasing their positions recently.
• Analysts have a consensus "Moderate Buy" rating for NCR Voyix, with a revised price target ranging from $11.00 to $15.00 based on various rating updates throughout the year.

Fox Run Management L.L.C. acquired a new stake in shares of NCR Voyix Corporation (NYSE:VYX - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 34,474 shares of the company's stock, valued at approximately $336,000.

Other large investors have also 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 first quarter. Caitong International Asset Management Co. Ltd now owns 6,650 shares of the company's stock valued at $65,000 after buying 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 first quarter. Spire Wealth Management now owns 7,930 shares of the company's stock valued at $77,000 after buying an additional 1,360 shares during the last quarter. Cetera Investment Advisers acquired a new position in shares of NCR Voyix during the first quarter valued at about $152,000. Mariner LLC raised its position in shares of NCR Voyix by 6.6% during the fourth quarter. Mariner LLC now owns 14,022 shares of the company's stock valued at $194,000 after buying an additional 872 shares during the last quarter. Finally, Teacher Retirement System of Texas acquired a new position in shares of NCR Voyix during the first quarter valued at about $198,000. Institutional investors and hedge funds own 97.00% of the company's stock.

NCR Voyix Price Performance

NYSE VYX traded up $0.9050 on Friday, reaching $13.7150. The company's stock had a trading volume of 1,944,519 shares, compared to its average volume of 1,873,669. The firm has a market cap of $1.90 billion, a PE ratio of 1.92 and a beta of 1.67. The business has a 50-day moving average price of $12.98 and a 200 day moving average price of $11.22. NCR Voyix Corporation has a 52 week low of $7.55 and a 52 week high of $15.34. The company has a current ratio of 1.16, a quick ratio of 0.96 and a debt-to-equity ratio of 1.27.

NCR Voyix (NYSE:VYX - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $0.19 earnings per share for the quarter, beating analysts' consensus estimates of $0.14 by $0.05. The business had revenue of $666.00 million for 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 firm's revenue for the quarter was down 7.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.20) earnings per share. NCR Voyix has set its FY 2025 guidance at 0.750-0.800 EPS. Sell-side analysts expect that NCR Voyix Corporation will post -0.86 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on VYX shares. Needham & Company LLC cut their price objective 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. The Goldman Sachs Group upped their target price 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 target price on shares of NCR Voyix from $12.00 to $15.00 and gave the company an "overweight" rating in a research note on Monday, June 9th. Finally, Stifel Nicolaus upped their target price on shares of NCR Voyix from $13.00 to $15.00 and gave the company a "buy" rating in a research note on Friday, August 8th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, NCR Voyix has an average 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.