Charles Schwab Investment Management Inc. raised its position in NCR Voyix Co. (NYSE:VYX - Free Report) by 10.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,582,882 shares of the company's stock after purchasing an additional 238,555 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.77% of NCR Voyix worth $35,050,000 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. Blue Trust Inc. raised its stake in shares of NCR Voyix by 72.0% in the 2nd quarter. Blue Trust Inc. now owns 2,006 shares of the company's stock valued at $25,000 after purchasing an additional 840 shares during the period. Mather Group LLC. acquired a new stake in shares of NCR Voyix in the 2nd quarter valued at about $41,000. Nisa Investment Advisors LLC raised its stake in shares of NCR Voyix by 61.4% in the 2nd quarter. Nisa Investment Advisors LLC now owns 5,003 shares of the company's stock valued at $62,000 after purchasing an additional 1,903 shares during the period. Carolina Wealth Advisors LLC acquired a new stake in shares of NCR Voyix in the 2nd quarter valued at about $69,000. Finally, CWM LLC acquired a new stake in shares of NCR Voyix in the second quarter valued at about $80,000. Institutional investors and hedge funds own 97.00% of the company's stock.
NCR Voyix Stock Performance
Shares of NYSE:VYX traded down $0.32 during trading on Tuesday, reaching $14.18. 1,013,161 shares of the stock were exchanged, compared to its average volume of 2,058,820. NCR Voyix Co. has a 12 month low of $10.87 and a 12 month high of $17.39. The firm has a market cap of $2.07 billion, a PE ratio of 3.28 and a beta of 1.64. The stock has a 50-day moving average price of $13.65 and a 200-day moving average price of $13.35. 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 (NYSE:VYX - Get Free Report) last issued its quarterly earnings data on Thursday, November 7th. The company reported ($0.24) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.23). NCR Voyix had a negative return on equity of 47.67% and a net margin of 19.08%. The firm had revenue of $711.00 million for the quarter, compared to the consensus estimate of $692.58 million. During the same quarter in the prior year, the firm earned $0.77 EPS. The company's revenue was down 12.1% on a year-over-year basis. Research analysts expect that NCR Voyix Co. will post -1.86 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on VYX shares. The Goldman Sachs Group started coverage on NCR Voyix in a research report on Monday, October 14th. They issued a "neutral" rating and a $14.00 target price on the stock. Needham & Company LLC reaffirmed a "buy" rating and issued a $20.00 target price on shares of NCR Voyix in a research report on Monday, October 14th. Royal Bank of Canada lowered their target price on NCR Voyix from $19.00 to $16.00 and set an "outperform" rating on the stock in a research report on Wednesday, August 7th. Finally, DA Davidson reduced their price target on NCR Voyix from $20.00 to $16.00 and set a "buy" rating for the company in a report on Friday, August 9th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $16.43.
View Our Latest Stock Report on VYX
About NCR Voyix
(
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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