Public Sector Pension Investment Board Raises Holdings in NCR Voyix Corporation $VYX

Public Sector Pension Investment Board grew its stake in shares of NCR Voyix Corporation (NYSE:VYX - Free Report) by 27.2% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 462,952 shares of the company's stock after purchasing an additional 98,884 shares during the period. Public Sector Pension Investment Board owned approximately 0.33% of NCR Voyix worth $4,514,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Nuveen LLC purchased a new stake in shares of NCR Voyix during the 1st quarter worth $5,314,000. Invesco Ltd. increased its position in shares of NCR Voyix by 14.0% in the first quarter. Invesco Ltd. now owns 1,313,909 shares of the company's stock valued at $12,811,000 after buying an additional 161,771 shares in the last quarter. Blair William & Co. IL increased its position in shares of NCR Voyix by 29.5% in the first quarter. Blair William & Co. IL now owns 81,215 shares of the company's stock valued at $792,000 after buying an additional 18,500 shares in the last quarter. XTX Topco Ltd increased its position in shares of NCR Voyix by 96.2% in the first quarter. XTX Topco Ltd now owns 74,554 shares of the company's stock valued at $727,000 after buying an additional 36,547 shares in the last quarter. Finally, Private Management Group Inc. increased its position in shares of NCR Voyix by 17.6% in the first quarter. Private Management Group Inc. now owns 2,734,960 shares of the company's stock valued at $26,666,000 after buying an additional 408,833 shares in the last quarter. 97.00% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on VYX shares. The Goldman Sachs Group raised their price target on NCR Voyix from $8.50 to $11.00 and gave the company a "neutral" rating in a research report on Friday, May 9th. Stifel Nicolaus raised their price target on NCR Voyix from $13.00 to $15.00 and gave the company 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 for the company in a research report on Friday, May 9th. Finally, Stephens raised their price target on NCR Voyix from $12.00 to $15.00 and gave the company an "overweight" rating in a research report on Monday, June 9th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, NCR Voyix presently has a consensus rating of "Moderate Buy" and a consensus target price of $14.20.

NCR Voyix Trading Up 1.1%

Shares of NYSE:VYX traded up $0.1350 during midday trading on Wednesday, reaching $12.5850. The company's stock had a trading volume of 1,866,659 shares, compared to its average volume of 1,875,679. The firm has a market cap of $1.74 billion, a price-to-earnings ratio of 1.77 and a beta of 1.67. The company has a quick ratio of 0.96, a current ratio of 1.16 and a debt-to-equity ratio of 1.27. NCR Voyix Corporation has a 1 year low of $7.55 and a 1 year high of $15.34. The business has a 50 day moving average price of $12.90 and a 200 day moving average price of $11.19.

NCR Voyix (NYSE:VYX - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.19 EPS for the quarter, beating analysts' consensus estimates of $0.14 by $0.05. The business had revenue of $666.00 million during 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 for the quarter was down 7.8% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.20) earnings per share. NCR Voyix has set its FY 2025 guidance at 0.750-0.800 EPS. Research analysts forecast that NCR Voyix Corporation 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.