Teacher Retirement System of Texas Acquires New Holdings in NCR Voyix Corporation (NYSE:VYX)

Teacher Retirement System of Texas acquired a new stake in shares of NCR Voyix Corporation (NYSE:VYX - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 20,267 shares of the company's stock, valued at approximately $198,000.

Other institutional investors have also recently made changes to their positions in the company. Spire Wealth Management lifted its holdings in shares of NCR Voyix by 20.7% in the 1st quarter. Spire Wealth Management now owns 7,930 shares of the company's stock valued at $77,000 after acquiring an additional 1,360 shares during the last quarter. Xponance Inc. bought a new position in shares of NCR Voyix in the 4th quarter valued at about $146,000. Cibc World Markets Corp bought a new position in shares of NCR Voyix in the 4th quarter valued at about $188,000. Magnetar Financial LLC bought a new position in shares of NCR Voyix in the 4th quarter valued at about $189,000. Finally, Mariner LLC lifted its holdings in shares of NCR Voyix by 6.6% in the 4th 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. Hedge funds and other institutional investors own 97.00% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on VYX. The Goldman Sachs Group increased their price target on shares of NCR Voyix from $8.50 to $11.00 and gave the company a "neutral" rating in a report on Friday, May 9th. Stephens raised their price objective on shares of NCR Voyix from $12.00 to $15.00 and gave the stock an "overweight" rating in a research note on Monday, June 9th. Finally, Needham & Company LLC decreased their price objective 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. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, NCR Voyix presently has a consensus rating of "Moderate Buy" and a consensus target price of $14.40.

NCR Voyix Trading Down 1.8%

NYSE VYX traded down $0.27 during trading on Thursday, hitting $14.37. The stock had a trading volume of 171,312 shares, compared to its average volume of 1,860,333. The stock has a 50 day simple moving average of $12.09 and a 200 day simple moving average of $11.19. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.96 and a current ratio of 1.12. NCR Voyix Corporation has a one year low of $7.55 and a one year high of $15.34. The stock has a market capitalization of $1.98 billion, a price-to-earnings ratio of 2.17 and a beta of 1.65.

NCR Voyix (NYSE:VYX - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.07. NCR Voyix had a net margin of 33.61% and a negative return on equity of 17.40%. The firm had revenue of $617.00 million during the quarter, compared to the consensus estimate of $608.67 million. During the same quarter in the previous year, the firm posted $0.13 earnings per share. The company's revenue was down 13.1% on a year-over-year basis. Sell-side analysts predict that NCR Voyix Corporation will post -0.86 earnings per share for the current year.

Insider Buying and Selling at NCR Voyix

In related news, Director Laura Sen purchased 22,550 shares of the firm's stock in a transaction dated Tuesday, May 13th. The stock was purchased at an average price of $11.04 per share, with a total value of $248,952.00. Following the completion of the purchase, the director owned 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 acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.29% of the company's stock.

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.