JPMorgan Chase & Co. Has $2.79 Million Stock Holdings in NCR Voyix Co. (NYSE:VYX)

JPMorgan Chase & Co. lessened its position in shares of NCR Voyix Co. (NYSE:VYX - Free Report) by 37.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 205,872 shares of the company's stock after selling 124,215 shares during the quarter. JPMorgan Chase & Co. owned about 0.14% of NCR Voyix worth $2,794,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Truvestments Capital LLC acquired a new position in NCR Voyix in the third quarter valued at about $25,000. MBB Public Markets I LLC acquired a new position in NCR Voyix in the second quarter valued at about $134,000. W.G. Shaheen & Associates DBA Whitney & Co acquired a new position in NCR Voyix in the third quarter valued at about $136,000. Oppenheimer Asset Management Inc. acquired a new position in NCR Voyix in the second quarter valued at about $137,000. Finally, Algert Global LLC acquired a new position in NCR Voyix in the second quarter valued at about $170,000. Institutional investors and hedge funds own 97.00% of the company's stock.

NCR Voyix Stock Down 1.2 %

Shares of NYSE:VYX traded down $0.15 during mid-day trading on Tuesday, reaching $12.96. 1,250,402 shares of the stock were exchanged, compared to its average volume of 1,192,867. 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 company has a market cap of $1.89 billion, a P/E ratio of 3.00 and a beta of 1.63. NCR Voyix Co. has a one year low of $10.87 and a one year high of $15.98. The stock's 50 day simple moving average is $14.07 and its 200-day simple moving average is $13.63.

NCR Voyix (NYSE:VYX - Get Free Report) last posted 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). The firm had revenue of $711.00 million for the quarter, compared to the consensus estimate of $692.58 million. NCR Voyix had a negative return on equity of 47.67% and a net margin of 19.08%. The firm's quarterly revenue was down 12.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.77 earnings per share. As a group, equities research analysts predict that NCR Voyix Co. will post -0.66 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. 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 on the stock. Needham & Company LLC restated a "buy" rating and issued a $20.00 price target on shares of NCR Voyix in a report on Monday, October 14th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $16.43.

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.