NCR Voyix Co. (NYSE:VYX) Shares Purchased by Fmr LLC

FMR LLC increased its stake in shares of NCR Voyix Co. (NYSE:VYX - Free Report) by 9.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,157,231 shares of the company's stock after purchasing an additional 596,254 shares during the period. FMR LLC owned 4.90% of NCR Voyix worth $97,124,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VYX. Qsemble Capital Management LP lifted its position in shares of NCR Voyix by 58.2% in the third quarter. Qsemble Capital Management LP now owns 20,760 shares of the company's stock valued at $282,000 after acquiring an additional 7,641 shares in the last quarter. Truvestments Capital LLC purchased a new position in NCR Voyix in the 3rd quarter valued at about $25,000. Penserra Capital Management LLC boosted its stake in shares of NCR Voyix by 44.1% during the 3rd quarter. Penserra Capital Management LLC now owns 178,875 shares of the company's stock worth $2,427,000 after purchasing an additional 54,714 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of NCR Voyix by 10.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,582,882 shares of the company's stock worth $35,050,000 after buying an additional 238,555 shares in the last quarter. Finally, Intech Investment Management LLC acquired a new position in shares of NCR Voyix in the third quarter valued at approximately $427,000. Hedge funds and other institutional investors own 97.00% of the company's stock.

Analysts Set New Price Targets

VYX has been the subject of several analyst reports. DA Davidson cut 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. The Goldman Sachs Group assumed coverage on NCR Voyix in a research note on Monday, October 14th. They issued a "neutral" rating and a $14.00 target price for the company. Finally, Needham & Company LLC reissued a "buy" rating and issued a $20.00 price target on shares of NCR Voyix in a research note on Monday, October 14th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, NCR Voyix has a consensus rating of "Moderate Buy" and a consensus price target of $16.43.

NCR Voyix Trading Up 0.7 %

NYSE:VYX traded up $0.10 on Friday, hitting $14.14. 837,994 shares of the stock were exchanged, compared to its average volume of 2,045,810. The stock has a fifty day moving average of $13.71 and a 200-day moving average of $13.37. The stock has a market cap of $2.06 billion, a PE ratio of 3.25 and a beta of 1.64. 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 fifty-two week low of $10.87 and a fifty-two week high of $17.39.

NCR Voyix (NYSE:VYX - Get Free Report) last posted its earnings results 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 business had revenue of $711.00 million for the quarter, compared to analyst estimates of $692.58 million. During the same period last year, the company posted $0.77 EPS. The firm's revenue for the quarter was down 12.1% compared to the same quarter last year. As a group, equities analysts expect that NCR Voyix Co. will post -1.86 earnings per share for the current fiscal 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.