UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of NCR Voyix Co. (NYSE:VYX - Free Report) by 17.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 359,131 shares of the company's stock after buying an additional 54,387 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.25% of NCR Voyix worth $4,970,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of the stock. Shapiro Capital Management LLC lifted its stake in NCR Voyix by 10.1% during the 4th quarter. Shapiro Capital Management LLC now owns 10,410,704 shares of the company's stock worth $144,084,000 after acquiring an additional 956,177 shares in the last quarter. Greenhouse Funds LLLP grew its stake in shares of NCR Voyix by 10.4% in the fourth quarter. Greenhouse Funds LLLP now owns 8,332,854 shares of the company's stock worth $115,327,000 after acquiring an additional 787,032 shares in the last quarter. Victory Capital Management Inc. grew its stake in NCR Voyix by 15.3% during the 4th quarter. Victory Capital Management Inc. now owns 4,693,119 shares of the company's stock worth $64,953,000 after purchasing an additional 621,303 shares in the last quarter. Dimensional Fund Advisors LP raised its position in NCR Voyix by 2.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,890,765 shares of the company's stock valued at $40,008,000 after purchasing an additional 57,983 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in NCR Voyix by 6.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,746,088 shares of the company's stock valued at $38,006,000 after acquiring an additional 163,206 shares in the last quarter. Institutional investors and hedge funds own 97.00% of the company's stock.
NCR Voyix Stock Up 2.7%
Shares of NYSE:VYX traded up $0.30 during midday trading on Friday, hitting $11.36. 1,296,399 shares of the company's stock traded hands, compared to its average volume of 1,807,259. NCR Voyix Co. has a twelve month low of $7.55 and a twelve month high of $15.34. The company has a market cap of $1.56 billion, a PE ratio of 2.63 and a beta of 1.65. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.20. The firm's fifty day moving average price is $9.52 and its two-hundred day moving average price is $11.55.
NCR Voyix (NYSE:VYX - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported $0.09 earnings per share for the quarter, beating analysts' consensus estimates of $0.02 by $0.07. NCR Voyix had a net margin of 19.08% and a negative return on equity of 47.67%. The business had revenue of $617.00 million during the quarter, compared to analyst estimates of $608.67 million. During the same period last year, the business earned $0.13 EPS. The business's revenue was down 13.1% on a year-over-year basis. On average, equities research analysts anticipate that NCR Voyix Co. will post -0.86 EPS for the current fiscal year.
Insiders Place Their Bets
In related news, Director Laura Sen bought 22,550 shares of the stock in a transaction dated Tuesday, May 13th. The stock was bought at an average cost of $11.04 per share, with a total value of $248,952.00. Following the completion of the acquisition, the director now owns 52,203 shares of the company's stock, valued at $576,321.12. This trade represents a 76.05% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.61% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
A number of equities analysts recently issued reports on the company. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $17.00 price target on shares of NCR Voyix in a report on Tuesday, March 25th. Needham & Company LLC dropped their price target on NCR Voyix from $15.00 to $13.00 and set a "buy" rating on the stock in a research note on Friday, May 9th. Finally, The Goldman Sachs Group increased their price objective on NCR Voyix from $8.50 to $11.00 and gave the stock a "neutral" rating in a research report on Friday, May 9th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, NCR Voyix presently has an average rating of "Moderate Buy" and an average price target of $14.60.
Check Out Our Latest Research Report on VYX
About NCR Voyix
(
Free Report)
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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