Bank of America Corp DE grew its holdings in shares of NCR Voyix Co. (NYSE:VYX - Free Report) by 79.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 665,831 shares of the company's stock after buying an additional 294,994 shares during the quarter. Bank of America Corp DE owned approximately 0.46% of NCR Voyix worth $9,215,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VYX. CIBC Asset Management Inc grew its stake in shares of NCR Voyix by 6.5% in the fourth quarter. CIBC Asset Management Inc now owns 14,239 shares of the company's stock valued at $197,000 after buying an additional 871 shares in the last quarter. Mariner LLC lifted its stake in NCR Voyix by 6.6% in the fourth quarter. Mariner LLC now owns 14,022 shares of the company's stock valued at $194,000 after acquiring an additional 872 shares during the last quarter. Summit Investment Advisors Inc. lifted its stake in NCR Voyix by 6.8% in the fourth quarter. Summit Investment Advisors Inc. now owns 15,221 shares of the company's stock valued at $211,000 after acquiring an additional 966 shares during the last quarter. Trajan Wealth LLC grew its position in shares of NCR Voyix by 9.0% in the 4th quarter. Trajan Wealth LLC now owns 15,315 shares of the company's stock valued at $212,000 after acquiring an additional 1,269 shares during the period. Finally, Smartleaf Asset Management LLC increased its stake 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 purchasing an additional 1,423 shares during the last quarter. 97.00% of the stock is owned by institutional investors.
NCR Voyix Stock Performance
Shares of VYX stock traded up $0.14 during midday trading on Thursday, hitting $11.21. 2,382,456 shares of the company were exchanged, compared to its average volume of 1,803,804. NCR Voyix Co. has a 52 week low of $7.55 and a 52 week high of $15.34. The firm has a market capitalization of $1.54 billion, a P/E ratio of 2.60 and a beta of 1.52. The firm's 50 day moving average price is $9.40 and its two-hundred day moving average price is $11.68. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.20.
NCR Voyix (NYSE:VYX - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.02 by $0.07. NCR Voyix had a negative return on equity of 47.67% and a net margin of 19.08%. The company had revenue of $617.00 million during the quarter, compared to analysts' expectations of $608.67 million. During the same quarter in the previous year, the company posted $0.13 earnings per share. The business's revenue was down 13.1% on a year-over-year basis. As a group, equities research analysts anticipate that NCR Voyix Co. will post -0.86 earnings per share for the current year.
Analyst Ratings Changes
Several brokerages recently issued reports on VYX. The Goldman Sachs Group raised 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. Needham & Company LLC cut their price objective on NCR Voyix from $15.00 to $13.00 and set a "buy" rating for the company in a research report on Friday, May 9th. Finally, Royal Bank of Canada reiterated an "outperform" rating and set a $17.00 target price on shares of NCR Voyix in a research note on Tuesday, March 25th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $14.60.
Read Our Latest Research Report on VYX
Insider Buying and Selling
In other NCR Voyix news, Director Laura Sen purchased 22,550 shares of the firm's stock in a transaction that occurred on Tuesday, May 13th. The shares were acquired at an average cost of $11.04 per share, for a total transaction of $248,952.00. Following the completion of the purchase, the director now owns 52,203 shares of the company's stock, valued at approximately $576,321.12. The trade was a 76.05% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.61% of the stock is currently owned by insiders.
About NCR Voyix
(
Free Report)
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.
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