Invesco Ltd. Purchases 161,771 Shares of NCR Voyix Corporation $VYX

Key Points

• Invesco Ltd. increased its stake in NCR Voyix Corporation by 14% during the first quarter, acquiring an additional 161,771 shares and holding approximately 1.31 million shares worth $12.81 million.
• SG Americas Securities LLC made the most significant increase, raising its position by 927.4% during the same period, indicating a strong institutional interest in NCR Voyix.
• NCR Voyix reported quarterly earnings with an EPS of $0.19, which exceeded analysts' estimates of $0.14, though it noted a 7.8% decline in revenue year-over-year.

Invesco Ltd. boosted its position in NCR Voyix Corporation (NYSE:VYX - Free Report) by 14.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,313,909 shares of the company's stock after purchasing an additional 161,771 shares during the period. Invesco Ltd. owned about 0.94% of NCR Voyix worth $12,811,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Spire Wealth Management boosted its position in NCR Voyix by 20.7% during the first quarter. Spire Wealth Management now owns 7,930 shares of the company's stock worth $77,000 after purchasing an additional 1,360 shares during the period. Cetera Investment Advisers bought a new position in NCR Voyix in the 1st quarter worth approximately $152,000. Mariner LLC boosted its holdings in NCR Voyix by 6.6% in the 4th quarter. Mariner LLC now owns 14,022 shares of the company's stock worth $194,000 after buying an additional 872 shares during the period. Teacher Retirement System of Texas purchased a new position in NCR Voyix in the 1st quarter valued at approximately $198,000. Finally, Focus Partners Wealth bought a new stake in NCR Voyix during the 4th quarter valued at $202,000. 97.00% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

VYX has been the subject of a number of analyst reports. Stephens raised their price target on NCR Voyix from $12.00 to $15.00 and gave the stock an "overweight" rating in a report on Monday, June 9th. Stifel Nicolaus lifted their target price on NCR Voyix from $13.00 to $15.00 and gave the company a "buy" rating in a report on Friday, August 8th. Needham & Company LLC decreased their price target on NCR Voyix from $15.00 to $13.00 and set a "buy" rating on the stock in a research report on Friday, May 9th. Finally, The Goldman Sachs Group increased their price target 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. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $14.20.

NCR Voyix Price Performance

VYX traded down $0.06 during trading on Thursday, reaching $13.49. The stock had a trading volume of 426,160 shares, compared to its average volume of 1,856,489. NCR Voyix Corporation has a one year low of $7.55 and a one year high of $15.34. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.96 and a current ratio of 1.16. The business has a 50-day moving average of $13.08 and a 200-day moving average of $11.23. The stock has a market cap of $1.86 billion, a PE ratio of 1.89 and a beta of 1.67.

NCR Voyix (NYSE:VYX - Get Free Report) last released 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. NCR Voyix had a negative return on equity of 2.84% and a net margin of 38.86%.The company had revenue of $666.00 million during the quarter, compared to analyst estimates of $648.13 million. During the same quarter in the previous year, the company posted ($0.20) EPS. NCR Voyix's revenue for the quarter was down 7.8% on a year-over-year basis. NCR Voyix has set its FY 2025 guidance at 0.750-0.800 EPS. As a group, equities research analysts anticipate that NCR Voyix Corporation will post -0.86 EPS for the current fiscal year.

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.