Wellington Management Group LLP Grows Stock Position in NCR Voyix Co. (NYSE:VYX)

Wellington Management Group LLP raised its position in shares of NCR Voyix Co. (NYSE:VYX - Free Report) by 2.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,216,361 shares of the company's stock after buying an additional 25,129 shares during the quarter. Wellington Management Group LLP owned about 0.88% of NCR Voyix worth $16,834,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Smartleaf Asset Management LLC lifted its holdings in shares of NCR Voyix by 175.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,232 shares of the company's stock valued at $31,000 after purchasing an additional 1,423 shares in the last quarter. KBC Group NV grew its position in shares of NCR Voyix by 55.1% in the fourth quarter. KBC Group NV now owns 7,148 shares of the company's stock valued at $99,000 after purchasing an additional 2,540 shares during the last quarter. Xponance Inc. acquired a new stake in NCR Voyix during the fourth quarter worth about $146,000. Cibc World Markets Corp bought a new position in NCR Voyix during the fourth quarter worth about $188,000. Finally, Magnetar Financial LLC bought a new position in shares of NCR Voyix in the fourth quarter valued at approximately $189,000. Institutional investors and hedge funds own 97.00% of the company's stock.

Insider Transactions at NCR Voyix

In other news, Director Laura Sen acquired 22,550 shares of the stock in a transaction that occurred on Tuesday, May 13th. The shares were purchased at an average cost of $11.04 per share, for a total transaction of $248,952.00. Following the transaction, the director now directly owns 52,203 shares in the company, valued at approximately $576,321.12. This represents a 76.05% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.61% of the company's stock.

NCR Voyix Stock Up 1.9%

NYSE VYX traded up $0.21 on Thursday, reaching $11.05. 207,093 shares of the stock traded hands, compared to its average volume of 1,891,818. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.20. NCR Voyix Co. has a 12 month low of $7.55 and a 12 month high of $15.34. The company has a fifty day moving average price of $9.46 and a 200-day moving average price of $11.59. The company has a market cap of $1.52 billion, a price-to-earnings ratio of 2.56 and a beta of 1.52.

NCR Voyix (NYSE:VYX - Get Free Report) last posted its 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 19.08% and a negative return on equity of 47.67%. The firm had revenue of $617.00 million during the quarter, compared to analyst estimates of $608.67 million. During the same period in the previous year, the firm earned $0.13 EPS. The business's quarterly revenue was down 13.1% on a year-over-year basis. As a group, research analysts forecast that NCR Voyix Co. will post -0.86 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

VYX has been the subject of several research analyst reports. Needham & Company LLC decreased their price target on shares of NCR Voyix from $15.00 to $13.00 and set a "buy" rating for the company in a report on Friday, May 9th. The Goldman Sachs Group raised their target price 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. Finally, Royal Bank of Canada restated an "outperform" rating and issued a $17.00 target price on shares of NCR Voyix in a report on Tuesday, March 25th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, NCR Voyix currently has an average rating of "Moderate Buy" and a consensus price target of $14.60.

NCR Voyix Company 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.