Edgestream Partners L.P. Purchases New Position in NCR Voyix Co. (NYSE:VYX)

Edgestream Partners L.P. purchased a new position in shares of NCR Voyix Co. (NYSE:VYX - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 178,992 shares of the company's stock, valued at approximately $2,429,000. Edgestream Partners L.P. owned 0.12% of NCR Voyix as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Blue Trust Inc. increased its stake in NCR Voyix by 72.0% during the second quarter. Blue Trust Inc. now owns 2,006 shares of the company's stock worth $25,000 after acquiring an additional 840 shares during the last quarter. Truvestments Capital LLC acquired a new stake in shares of NCR Voyix during the 3rd quarter worth about $25,000. Mather Group LLC. purchased a new stake in NCR Voyix in the 2nd quarter valued at about $41,000. Nisa Investment Advisors LLC lifted its position in NCR Voyix by 61.4% in the second quarter. Nisa Investment Advisors LLC now owns 5,003 shares of the company's stock valued at $62,000 after buying an additional 1,903 shares during the last quarter. Finally, Carolina Wealth Advisors LLC purchased a new position in NCR Voyix during the second quarter worth about $69,000. Hedge funds and other institutional investors own 97.00% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently commented on VYX shares. DA Davidson decreased their price objective on shares of NCR Voyix from $20.00 to $16.00 and set a "buy" rating on the stock in a report on Friday, August 9th. Needham & Company LLC restated a "buy" rating and set a $20.00 price target on shares of NCR Voyix in a research report on Monday, October 14th. The Goldman Sachs Group began coverage on NCR Voyix in a report on Monday, October 14th. They issued a "neutral" rating and a $14.00 price objective on the stock. Finally, Royal Bank of Canada lowered their target price on NCR Voyix from $19.00 to $16.00 and set an "outperform" rating for the company in a report on Wednesday, August 7th. 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, NCR Voyix has an average rating of "Moderate Buy" and a consensus price target of $16.43.

NCR Voyix Stock Down 2.2 %

NYSE:VYX traded down $0.32 during mid-day trading on Tuesday, hitting $14.18. The stock had a trading volume of 1,013,161 shares, compared to its average volume of 2,058,820. 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 twelve month low of $10.87 and a twelve month high of $17.39. The company has a market capitalization of $2.07 billion, a PE ratio of 3.28 and a beta of 1.64. The stock has a 50-day simple moving average of $13.65 and a two-hundred day simple moving average of $13.35.

NCR Voyix (NYSE:VYX - Get Free Report) last issued its earnings results on Thursday, November 7th. The company reported ($0.24) 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 analyst estimates of $692.58 million. During the same quarter in the previous year, the firm posted $0.77 EPS. The business's revenue for the quarter was down 12.1% on a year-over-year basis. On average, equities research analysts anticipate that NCR Voyix Co. will post -1.86 EPS for the current year.

NCR Voyix 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.