NCR Voyix Co. (NYSE:VYX) Shares Acquired by Shapiro Capital Management LLC

Shapiro Capital Management LLC boosted its holdings in shares of NCR Voyix Co. (NYSE:VYX - Free Report) by 10.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,410,704 shares of the company's stock after acquiring an additional 956,177 shares during the quarter. NCR Voyix makes up approximately 4.9% of Shapiro Capital Management LLC's portfolio, making the stock its 2nd largest holding. Shapiro Capital Management LLC owned 7.13% of NCR Voyix worth $144,084,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. KLP Kapitalforvaltning AS bought a new stake in NCR Voyix in the fourth quarter worth $412,000. Smartleaf Asset Management LLC lifted its position 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 worth $31,000 after buying an additional 1,423 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of NCR Voyix by 6.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,746,088 shares of the company's stock worth $38,006,000 after acquiring an additional 163,206 shares in the last quarter. Swiss National Bank increased its holdings in shares of NCR Voyix by 0.7% during the 4th quarter. Swiss National Bank now owns 271,659 shares of the company's stock valued at $3,760,000 after acquiring an additional 2,000 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in shares of NCR Voyix by 19.5% during the 4th quarter. Invesco Ltd. now owns 1,152,138 shares of the company's stock valued at $15,946,000 after acquiring an additional 187,848 shares during the last quarter. 97.00% of the stock is owned by institutional investors.

NCR Voyix Stock Performance

NYSE VYX traded down $0.30 during midday trading on Monday, hitting $10.59. The company had a trading volume of 1,566,421 shares, compared to its average volume of 1,802,079. The firm has a fifty day simple moving average of $9.26 and a two-hundred day simple moving average of $11.82. NCR Voyix Co. has a fifty-two week low of $7.55 and a fifty-two 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 stock has a market cap of $1.46 billion, a price-to-earnings ratio of 2.45 and a beta of 1.52.

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

Insiders Place Their Bets

In other news, Director Laura Sen acquired 22,550 shares of NCR Voyix stock in a transaction on Tuesday, May 13th. The stock was bought at an average price of $11.04 per share, for a total transaction of $248,952.00. Following the transaction, the director now owns 52,203 shares of the company's stock, valued at $576,321.12. The trade was a 76.05% increase in their ownership of the stock. The purchase 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.

Analysts Set New Price Targets

VYX has been the subject of a number of recent analyst reports. The Goldman Sachs Group upped their target price on NCR Voyix from $8.50 to $11.00 and gave the stock a "neutral" rating in a research report on Friday, May 9th. Needham & Company LLC cut their price objective on NCR Voyix from $15.00 to $13.00 and set a "buy" rating for the company in a research report 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 report on Tuesday, March 25th. One analyst has rated the stock with a hold rating and four have assigned 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 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.