Gotham Asset Management LLC Acquires 26,270 Shares of NCR Voyix Co. (NYSE:VYX)

Gotham Asset Management LLC raised its position in shares of NCR Voyix Co. (NYSE:VYX - Free Report) by 6.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 416,649 shares of the company's stock after purchasing an additional 26,270 shares during the period. Gotham Asset Management LLC owned approximately 0.29% of NCR Voyix worth $5,766,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Smartleaf Asset Management LLC lifted its holdings in shares of NCR Voyix by 175.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,232 shares of the company's stock worth $31,000 after acquiring an additional 1,423 shares during the last quarter. KBC Group NV boosted its holdings in 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 acquiring an additional 2,540 shares in the last quarter. Xponance Inc. purchased a new position in NCR Voyix during the 4th quarter valued at $146,000. Cibc World Markets Corp purchased a new stake in shares of NCR Voyix in the 4th quarter worth about $188,000. Finally, Magnetar Financial LLC bought a new stake in shares of NCR Voyix during the 4th quarter valued at about $189,000. 97.00% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. The Goldman Sachs Group increased their price target on shares of NCR Voyix from $8.50 to $11.00 and gave the stock a "neutral" rating in a research note on Friday, May 9th. Needham & Company LLC lowered their target price on NCR Voyix from $15.00 to $13.00 and set a "buy" rating for the company in a research note on Friday, May 9th. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and issued a $17.00 target price on shares of NCR Voyix in a research report on Tuesday, March 25th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $14.60.

NCR Voyix Stock Down 2.3%

Shares of NYSE VYX traded down $0.26 during midday trading on Monday, hitting $10.64. The stock had a trading volume of 236,743 shares, compared to its average volume of 1,796,879. The business's 50 day moving average is $9.24 and its 200-day moving average is $11.83. NCR Voyix Co. has a 52 week low of $7.55 and a 52 week high of $15.34. The company has a quick ratio of 1.06, a current ratio of 1.20 and a debt-to-equity ratio of 1.09. The company has a market cap of $1.46 billion, a P/E ratio of 2.46 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 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.07. The business had revenue of $617.00 million during the quarter, compared to analyst estimates of $608.67 million. NCR Voyix had a negative return on equity of 47.67% and a net margin of 19.08%. The company's quarterly revenue was down 13.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.13 EPS. As a group, analysts predict that NCR Voyix Co. will post -0.86 EPS for the current year.

Insider Transactions at NCR Voyix

In related news, Director Laura Sen bought 22,550 shares of the business's stock in a transaction on Tuesday, May 13th. The stock was acquired at an average price of $11.04 per share, with a total value of $248,952.00. Following the transaction, the director now owns 52,203 shares in the company, valued at approximately $576,321.12. This trade represents a 76.05% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.61% 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.