NCR Voyix Corporation $VYX Stake Cut by Teza Capital Management LLC

Key Points

• Teza Capital Management LLC has significantly reduced its stake in NCR Voyix Corporation by 84.1%, now holding only 23,422 shares after selling 124,005 shares in the 1st quarter.
• Analysts have revised their price targets for NCR Voyix, with Stephens and Stifel Nicolaus each raising targets to $15, indicating a broad consensus rating of "Moderate Buy" for the stock.
• NCR Voyix reported a profit of $0.19 per share in its latest earnings release, surpassing expectations, despite a 7.8% decline in year-over-year revenue.

Teza Capital Management LLC decreased its position in NCR Voyix Corporation (NYSE:VYX - Free Report) by 84.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,422 shares of the company's stock after selling 124,005 shares during the quarter. Teza Capital Management LLC's holdings in NCR Voyix were worth $228,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Shapiro Capital Management LLC increased its stake in NCR Voyix by 10.1% in the fourth quarter. Shapiro Capital Management LLC now owns 10,410,704 shares of the company's stock valued at $144,084,000 after purchasing an additional 956,177 shares during the last quarter. Fuller & Thaler Asset Management Inc. increased its stake in NCR Voyix by 25.6% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 7,331,556 shares of the company's stock valued at $71,483,000 after purchasing an additional 1,494,252 shares during the last quarter. First Pacific Advisors LP increased its stake in NCR Voyix by 6.9% in the first quarter. First Pacific Advisors LP now owns 3,702,391 shares of the company's stock valued at $36,098,000 after purchasing an additional 238,067 shares during the last quarter. Private Management Group Inc. increased its stake in 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 purchasing an additional 408,833 shares during the last quarter. Finally, Northern Trust Corp increased its stake in NCR Voyix by 10.0% in the fourth quarter. Northern Trust Corp now owns 1,632,204 shares of the company's stock valued at $22,590,000 after purchasing an additional 148,563 shares during the last quarter. Institutional investors and hedge funds own 97.00% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have commented on VYX. Stifel Nicolaus increased their price target on shares of NCR Voyix from $13.00 to $15.00 and gave the company a "buy" rating in a research note on Friday, August 8th. Stephens increased their price target on shares of NCR Voyix from $12.00 to $15.00 and gave the company an "overweight" rating in a research note on Monday, June 9th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $14.20.

NCR Voyix Price Performance

Shares of NYSE:VYX traded down $0.22 during midday trading on Friday, hitting $12.81. 951,370 shares of the stock were exchanged, compared to its average volume of 1,404,381. The stock has a market cap of $1.77 billion, a P/E ratio of 1.80 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. NCR Voyix Corporation has a twelve month low of $7.55 and a twelve month high of $15.34. The company has a 50 day moving average price of $13.29 and a 200-day moving average price of $11.30.

NCR Voyix (NYSE:VYX - Get Free Report) last announced its earnings results on Thursday, August 7th. The company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.05. NCR Voyix had a net margin of 38.86% and a negative return on equity of 2.84%. The firm had revenue of $666.00 million during the quarter, compared to the consensus estimate of $648.13 million. During the same quarter in the previous year, the company posted ($0.20) EPS. The firm's revenue for the quarter was down 7.8% on a year-over-year basis. NCR Voyix has set its FY 2025 guidance at 0.750-0.800 EPS. On average, research analysts forecast that NCR Voyix Corporation will post -0.86 earnings per share 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.