Luxor Capital Group LP Increases Position in NCR Voyix Co. (NYSE:VYX)

Luxor Capital Group LP lifted its stake in NCR Voyix Co. (NYSE:VYX - Free Report) by 88.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 151,888 shares of the company's stock after buying an additional 71,490 shares during the period. NCR Voyix makes up 0.1% of Luxor Capital Group LP's investment portfolio, making the stock its 26th largest holding. Luxor Capital Group LP owned about 0.10% of NCR Voyix worth $2,061,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. California State Teachers Retirement System acquired a new stake in NCR Voyix during the 1st quarter worth $1,689,000. SG Americas Securities LLC acquired a new position in NCR Voyix in the 2nd quarter valued at about $842,000. Savant Capital LLC purchased a new stake in NCR Voyix during the 2nd quarter valued at approximately $536,000. Penserra Capital Management LLC lifted its position in 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 acquiring an additional 54,714 shares during the period. Finally, Shapiro Capital Management LLC acquired a new stake in NCR Voyix during the 2nd quarter worth approximately $75,914,000. 97.00% of the stock is currently owned by institutional investors and hedge funds.

NCR Voyix Price Performance

NYSE VYX traded up $0.60 during mid-day trading on Monday, hitting $14.74. The stock had a trading volume of 509,413 shares, compared to its average volume of 2,039,193. NCR Voyix Co. has a 52-week low of $10.87 and a 52-week high of $17.39. The company has a market cap of $2.15 billion, a price-to-earnings ratio of 3.27 and a beta of 1.64. The company has a 50 day simple moving average of $13.71 and a 200 day simple moving average of $13.37. The company has a quick ratio of 1.06, a current ratio of 1.20 and a debt-to-equity ratio of 1.09.

NCR Voyix (NYSE:VYX - Get Free Report) last released its quarterly earnings results on Thursday, November 7th. The company reported ($0.24) earnings per share for the quarter, missing the consensus estimate 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 company had revenue of $711.00 million for the quarter, compared to analysts' expectations of $692.58 million. During the same period in the previous year, the business posted $0.77 EPS. The business's quarterly revenue was down 12.1% on a year-over-year basis. Equities analysts forecast that NCR Voyix Co. will post -0.66 EPS for the current fiscal year.

Analyst Ratings Changes

VYX has been the subject of several recent analyst reports. The Goldman Sachs Group initiated coverage on NCR Voyix in a report on Monday, October 14th. They issued a "neutral" rating and a $14.00 price target for the company. Needham & Company LLC reissued a "buy" rating and issued a $20.00 price target on shares of NCR Voyix in a report on Monday, October 14th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus 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.