Shapiro Capital Management LLC lifted its position in 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 Securities and Exchange Commission (SEC). The institutional investor owned 10,410,704 shares of the company's stock after acquiring an additional 956,177 shares during the period. NCR Voyix comprises approximately 4.9% of Shapiro Capital Management LLC's holdings, making the stock its 2nd largest position. Shapiro Capital Management LLC owned approximately 7.13% of NCR Voyix worth $144,084,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently bought and sold shares of the company. KLP Kapitalforvaltning AS acquired a new position in shares of NCR Voyix in the 4th quarter worth approximately $412,000. Smartleaf Asset Management LLC lifted its holdings in shares of NCR Voyix by 175.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,232 shares of the company's stock valued at $31,000 after acquiring an additional 1,423 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of NCR Voyix by 6.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,746,088 shares of the company's stock valued at $38,006,000 after purchasing an additional 163,206 shares in the last quarter. Swiss National Bank grew its holdings in shares of NCR Voyix by 0.7% in the 4th quarter. Swiss National Bank now owns 271,659 shares of the company's stock worth $3,760,000 after purchasing an additional 2,000 shares during the last quarter. Finally, Invesco Ltd. grew its holdings in shares of NCR Voyix by 19.5% in the 4th quarter. Invesco Ltd. now owns 1,152,138 shares of the company's stock worth $15,946,000 after purchasing an additional 187,848 shares during the last quarter. Hedge funds and other institutional investors own 97.00% of the company's stock.
NCR Voyix Stock Down 0.1%
NYSE VYX traded down $0.02 during trading hours on Wednesday, hitting $10.64. The company's stock had a trading volume of 687,065 shares, compared to its average volume of 1,794,469. The company's 50-day simple moving average is $9.29 and its two-hundred day simple moving average is $11.81. The company has a current ratio of 1.20, a quick ratio of 1.06 and a debt-to-equity ratio of 1.09. NCR Voyix Co. has a 52 week low of $7.55 and a 52 week high of $15.34. The company has a market capitalization of $1.46 billion, a PE ratio of 2.46 and a beta of 1.52.
NCR Voyix (NYSE:VYX - Get Free Report) last announced 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. 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 for the quarter, compared to analyst estimates of $608.67 million. During the same period in the prior year, the company earned $0.13 EPS. The company's quarterly revenue was down 13.1% compared to the same quarter last year. Research analysts anticipate that NCR Voyix Co. will post -0.86 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on VYX. Needham & Company LLC dropped their target price 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. Royal Bank of Canada restated an "outperform" rating and set a $17.00 target price on shares of NCR Voyix in a report on Tuesday, March 25th. Finally, The Goldman Sachs Group boosted their price target on shares of 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 given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $14.60.
Check Out Our Latest Analysis on NCR Voyix
Insider Transactions at NCR Voyix
In other NCR Voyix news, Director Laura Sen bought 22,550 shares of the business's stock in a transaction on Tuesday, May 13th. The shares were 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 of the company's stock, valued at approximately $576,321.12. This trade represents a 76.05% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.61% of the company's stock.
NCR Voyix Company Profile
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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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