Villanova Investment Management Co LLC Has $833,000 Stock Position in NCR Voyix Corporation $VYX

Key Points

• Villanova Investment Management Co LLC significantly reduced its stake in NCR Voyix Corporation by 63.3%, selling 147,652 shares, and now holds approximately 0.06% of the company.
• NCR Voyix's shares opened at $12.50 and saw a decline of 3.7%, with a market cap of $1.73 billion and a price-to-earnings ratio of 1.75.
• The company reported $0.19 earnings per share (EPS) for the last quarter, exceeding estimates of $0.14, even though revenue decreased 7.8% year-over-year.

Villanova Investment Management Co LLC reduced its stake in NCR Voyix Corporation (NYSE:VYX - Free Report) by 63.3% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 85,468 shares of the company's stock after selling 147,652 shares during the period. NCR Voyix accounts for approximately 2.3% of Villanova Investment Management Co LLC's holdings, making the stock its 10th largest holding. Villanova Investment Management Co LLC owned about 0.06% of NCR Voyix worth $833,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Spire Wealth Management lifted its holdings 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 acquiring an additional 1,360 shares in the last quarter. Invesco Ltd. raised its stake in shares of NCR Voyix by 14.0% in the 1st quarter. Invesco Ltd. now owns 1,313,909 shares of the company's stock valued at $12,811,000 after purchasing an additional 161,771 shares during the period. Hsbc Holdings PLC raised its stake in shares of NCR Voyix by 17.8% in the 1st quarter. Hsbc Holdings PLC now owns 32,349 shares of the company's stock valued at $314,000 after purchasing an additional 4,898 shares during the period. Bank of America Corp DE raised its stake in shares of NCR Voyix by 79.5% in the 4th quarter. Bank of America Corp DE now owns 665,831 shares of the company's stock valued at $9,215,000 after purchasing an additional 294,994 shares during the period. Finally, Principal Financial Group Inc. raised its stake in shares of NCR Voyix by 2.3% in the 1st quarter. Principal Financial Group Inc. now owns 728,597 shares of the company's stock valued at $7,104,000 after purchasing an additional 16,569 shares during the period. 97.00% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

VYX has been the topic of a number of recent research reports. Stephens lifted their target price on NCR Voyix from $12.00 to $15.00 and gave the company an "overweight" rating in a research 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 research report on Friday, August 8th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, NCR Voyix presently has an average rating of "Moderate Buy" and an average target price of $14.20.

NCR Voyix Stock Performance

Shares of VYX traded down $0.22 during mid-day trading on Friday, reaching $12.81. The company's stock had a trading volume of 951,370 shares, compared to its average volume of 1,404,381. NCR Voyix Corporation has a 1-year low of $7.55 and a 1-year high of $15.34. The stock has a market cap of $1.77 billion, a P/E ratio of 1.80 and a beta of 1.66. The business has a 50-day simple moving average of $13.29 and a two-hundred day simple moving average of $11.30. 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 released its quarterly earnings data on Thursday, August 7th. The company reported $0.19 earnings per share (EPS) 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 analysts' expectations of $648.13 million. During the same period last year, the firm posted ($0.20) earnings per share. The business's revenue 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 earnings per share for the current fiscal 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.