BNP Paribas Financial Markets Sells 78,192 Shares of NCR Voyix Co. (NYSE:VYX)

BNP Paribas Financial Markets lowered its stake in NCR Voyix Co. (NYSE:VYX - Free Report) by 78.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 21,420 shares of the company's stock after selling 78,192 shares during the period. BNP Paribas Financial Markets' holdings in NCR Voyix were worth $296,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of VYX. Schonfeld Strategic Advisors LLC raised its stake in NCR Voyix by 328.7% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 212,057 shares of the company's stock valued at $2,935,000 after purchasing an additional 162,594 shares during the period. Northern Trust Corp raised its stake in NCR Voyix by 10.0% during the 4th quarter. Northern Trust Corp now owns 1,632,204 shares of the company's stock valued at $22,590,000 after purchasing an additional 148,563 shares during the period. Tudor Investment Corp ET AL acquired a new stake in NCR Voyix during the 4th quarter valued at $436,000. Aquatic Capital Management LLC grew its holdings in shares of NCR Voyix by 50.9% during the 4th quarter. Aquatic Capital Management LLC now owns 67,162 shares of the company's stock valued at $930,000 after acquiring an additional 22,662 shares in the last quarter. Finally, Susquehanna Fundamental Investments LLC purchased a new position in shares of NCR Voyix during the 4th quarter valued at $3,677,000. Institutional investors own 97.00% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently commented on VYX. Needham & Company LLC lowered their price target on shares of NCR Voyix from $15.00 to $13.00 and set a "buy" rating on the stock in a report on Friday, May 9th. Royal Bank of Canada reiterated an "outperform" rating and issued a $17.00 price objective on shares of NCR Voyix in a report on Tuesday, March 25th. 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 assigned a buy rating to the company. Based on data from MarketBeat.com, NCR Voyix presently has a consensus rating of "Moderate Buy" and a consensus price target of $14.60.

Insiders Place Their Bets

In other NCR Voyix news, Director Laura Sen acquired 22,550 shares of NCR Voyix stock in a transaction on Tuesday, May 13th. The shares were purchased 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 owns 52,203 shares in the company, valued at $576,321.12. The trade was a 76.05% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.61% of the company's stock.

NCR Voyix Stock Performance

NCR Voyix stock traded up $0.14 on Thursday, reaching $11.21. 2,382,456 shares of the stock were exchanged, compared to its average volume of 1,803,790. The stock 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. NCR Voyix Co. has a twelve month low of $7.55 and a twelve month high of $15.34. The firm has a fifty day moving average price of $9.40 and a two-hundred day moving average price of $11.68.

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

NCR Voyix 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.