Natixis Advisors LLC Decreases Stock Holdings in NCR Voyix Corporation (NYSE:VYX)

Natixis Advisors LLC decreased its stake in NCR Voyix Corporation (NYSE:VYX - Free Report) by 79.4% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 81,705 shares of the company's stock after selling 314,324 shares during the quarter. Natixis Advisors LLC owned about 0.06% of NCR Voyix worth $797,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Shapiro Capital Management LLC boosted its holdings in NCR Voyix by 10.1% during the 4th quarter. Shapiro Capital Management LLC now owns 10,410,704 shares of the company's stock valued at $144,084,000 after acquiring an additional 956,177 shares during the period. Greenhouse Funds LLLP boosted its holdings in NCR Voyix by 10.4% during the 4th quarter. Greenhouse Funds LLLP now owns 8,332,854 shares of the company's stock valued at $115,327,000 after acquiring an additional 787,032 shares during the period. General American Investors Co. Inc. purchased a new position in NCR Voyix during the 1st quarter valued at $5,282,000. Private Management Group Inc. boosted its holdings in NCR Voyix by 17.6% during the 1st quarter. Private Management Group Inc. now owns 2,734,960 shares of the company's stock valued at $26,666,000 after acquiring an additional 408,833 shares during the period. Finally, North Reef Capital Management LP boosted its holdings 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 period. Hedge funds and other institutional investors own 97.00% of the company's stock.

NCR Voyix Stock Down 0.0%

Shares of VYX traded down $0.01 during midday trading on Friday, reaching $12.64. 368,629 shares of the stock were exchanged, compared to its average volume of 1,872,968. 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. The company's 50 day moving average is $12.85 and its two-hundred day moving average is $11.19. The company has a market capitalization of $1.75 billion, a P/E ratio of 1.77 and a beta of 1.67.

NCR Voyix (NYSE:VYX - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.14 by $0.05. The business had revenue of $666.00 million for the quarter, compared to the consensus estimate of $648.13 million. NCR Voyix had a negative return on equity of 2.84% and a net margin of 38.86%. The business's revenue was down 7.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.20) EPS. On average, sell-side analysts anticipate that NCR Voyix Corporation will post -0.86 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. The Goldman Sachs Group upped their target price on NCR Voyix from $8.50 to $11.00 and gave the stock a "neutral" rating in a report on Friday, May 9th. Stifel Nicolaus increased their price target on NCR Voyix from $13.00 to $15.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Needham & Company LLC dropped 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, Stephens increased their price target on NCR Voyix from $12.00 to $15.00 and gave the stock an "overweight" rating in a research report on Monday, June 9th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $14.20.

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.