NCR Voyix Co. (NYSE:VYX) Shares Bought by Northern Trust Corp

Northern Trust Corp increased its holdings in shares of NCR Voyix Co. (NYSE:VYX - Free Report) by 10.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,632,204 shares of the company's stock after buying an additional 148,563 shares during the period. Northern Trust Corp owned about 1.12% of NCR Voyix worth $22,590,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Tudor Investment Corp ET AL purchased a new position in shares of NCR Voyix during the 4th quarter valued at approximately $436,000. Aquatic Capital Management LLC lifted its position in shares of NCR Voyix by 50.9% during the 4th quarter. Aquatic Capital Management LLC now owns 67,162 shares of the company's stock valued at $930,000 after buying an additional 22,662 shares in the last quarter. Susquehanna Fundamental Investments LLC purchased a new position in shares of NCR Voyix during the 4th quarter valued at approximately $3,677,000. North Reef Capital Management LP lifted its position in shares of NCR Voyix by 420.6% during the 4th quarter. North Reef Capital Management LP now owns 401,200 shares of the company's stock valued at $5,553,000 after buying an additional 324,132 shares in the last quarter. Finally, Voya Investment Management LLC lifted its position in shares of NCR Voyix by 10.3% during the 4th quarter. Voya Investment Management LLC now owns 51,895 shares of the company's stock valued at $718,000 after buying an additional 4,848 shares in the last quarter. Hedge funds and other institutional investors own 97.00% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Needham & Company LLC reduced their price objective 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. The Goldman Sachs Group increased their price objective on NCR Voyix from $8.50 to $11.00 and gave the company a "neutral" rating in a research note on Friday, May 9th. Finally, Royal Bank of Canada reissued an "outperform" rating and issued a $17.00 price objective on shares of NCR Voyix in a research note on Tuesday, March 25th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $14.60.

NCR Voyix Trading Up 0.1%

Shares of VYX traded up $0.01 during midday trading on Friday, reaching $10.90. The company had a trading volume of 1,877,427 shares, compared to its average volume of 1,803,025. NCR Voyix Co. has a 1-year low of $7.55 and a 1-year high of $15.34. The stock has a market cap of $1.50 billion, a PE ratio of 2.52 and a beta of 1.52. The firm has a 50 day simple moving average of $9.24 and a 200-day simple moving average of $11.83. The company has a quick ratio of 1.06, a current ratio of 1.20 and a debt-to-equity ratio of 1.09.

NCR Voyix (NYSE:VYX - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported $0.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.02 by $0.07. NCR Voyix had a negative return on equity of 47.67% and a net margin of 19.08%. The business had revenue of $617.00 million during the quarter, compared to the consensus estimate of $608.67 million. During the same period last year, the company earned $0.13 EPS. The company's revenue for the quarter was down 13.1% on a year-over-year basis. Research analysts forecast that NCR Voyix Co. will post -0.86 EPS for the current fiscal year.

Insider Buying and Selling

In other NCR Voyix news, Director Laura Sen acquired 22,550 shares of the business's stock in a transaction that occurred on Tuesday, May 13th. The stock was purchased at an average cost of $11.04 per share, with a total value of $248,952.00. Following the transaction, 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 transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate 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.