NCR Voyix Corporation $VYX Shares Sold by Northern Trust Corp

Key Points

• Northern Trust Corp reduced its holdings in NCR Voyix Corporation by 3.9%, owning 1,567,818 shares worth $15.3 million after selling 64,386 shares.
• Several brokerage firms, including Goldman Sachs and Stephens, have adjusted their target prices for NCR Voyix, with Stephens raising their target from $12.00 to $15.00.
• NCR Voyix reported a quarterly earnings per share (EPS) of $0.19, exceeding analysts' estimates, but its quarterly revenue decreased by 7.8% year-over-year.

Northern Trust Corp trimmed its holdings in NCR Voyix Corporation (NYSE:VYX - Free Report) by 3.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,567,818 shares of the company's stock after selling 64,386 shares during the period. Northern Trust Corp owned 1.13% of NCR Voyix worth $15,286,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mariner LLC grew its position in shares of 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 purchasing an additional 872 shares during the last quarter. Spire Wealth Management grew its holdings in NCR Voyix by 20.7% during the 1st quarter. Spire Wealth Management now owns 7,930 shares of the company's stock valued at $77,000 after buying an additional 1,360 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in NCR Voyix by 2.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 98,471 shares of the company's stock worth $1,363,000 after buying an additional 2,272 shares in the last quarter. Bfsg LLC raised its holdings in shares of NCR Voyix by 12.0% in the first quarter. Bfsg LLC now owns 21,570 shares of the company's stock worth $210,000 after acquiring an additional 2,305 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of NCR Voyix by 3.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 82,775 shares of the company's stock valued at $1,146,000 after acquiring an additional 2,866 shares in the last quarter. Institutional investors and hedge funds own 97.00% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on VYX. Needham & Company LLC cut their target price on shares of NCR Voyix from $15.00 to $13.00 and set a "buy" rating for the company in a research note on Friday, May 9th. The Goldman Sachs Group boosted their price objective on shares of NCR Voyix from $8.50 to $11.00 and gave the company a "neutral" rating in a research report on Friday, May 9th. Stephens raised their target price on shares of NCR Voyix from $12.00 to $15.00 and gave the stock an "overweight" rating in a research report on Monday, June 9th. Finally, Stifel Nicolaus lifted their target price on shares of NCR Voyix from $13.00 to $15.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, NCR Voyix currently has an average rating of "Moderate Buy" and an average price target of $14.20.

NCR Voyix Price Performance

Shares of NCR Voyix stock opened at $12.74 on Thursday. The stock has a market capitalization of $1.76 billion, a P/E ratio of 1.79 and a beta of 1.66. 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 business's fifty day moving average price is $13.22 and its 200 day moving average price is $11.26. NCR Voyix Corporation has a twelve month low of $7.55 and a twelve month high of $15.34.

NCR Voyix (NYSE:VYX - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.19 EPS for the quarter, topping 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 for the quarter, compared to the consensus estimate of $648.13 million. During the same period last year, the business posted ($0.20) EPS. The company's quarterly revenue was down 7.8% compared to the same quarter last year. NCR Voyix has set its FY 2025 guidance at 0.750-0.800 EPS. As a group, research analysts anticipate that NCR Voyix Corporation will post -0.86 earnings per share for the current 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.

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