NCR Voyix Co. (NYSE:VYX) Holdings Raised by Geode Capital Management LLC

Geode Capital Management LLC increased its stake in NCR Voyix Co. (NYSE:VYX - Free Report) by 2.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,266,734 shares of the company's stock after purchasing an additional 86,709 shares during the quarter. Geode Capital Management LLC owned about 2.24% of NCR Voyix worth $44,338,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VYX. Savant Capital LLC acquired a new stake in shares of NCR Voyix in the 2nd quarter worth approximately $536,000. Penserra Capital Management LLC raised its holdings in NCR Voyix by 44.1% during the third 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 in the last quarter. Luxor Capital Group LP lifted its position in NCR Voyix by 88.9% in the third quarter. Luxor Capital Group LP now owns 151,888 shares of the company's stock worth $2,061,000 after purchasing an additional 71,490 shares during the period. Shapiro Capital Management LLC bought a new position in NCR Voyix during the 2nd quarter valued at $75,914,000. Finally, Mackenzie Financial Corp increased its position in shares of NCR Voyix by 165.2% during the 2nd quarter. Mackenzie Financial Corp now owns 206,550 shares of the company's stock valued at $2,551,000 after purchasing an additional 128,660 shares during the period. Institutional investors own 97.00% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on VYX. 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 objective for the company. Needham & Company LLC reiterated a "buy" rating and issued a $20.00 price target on shares of NCR Voyix in a research 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. Based on data from MarketBeat, NCR Voyix presently has a consensus rating of "Moderate Buy" and an average target price of $16.43.

NCR Voyix Trading Up 2.6 %

Shares of NYSE:VYX traded up $0.36 during midday trading on Tuesday, reaching $14.28. The company had a trading volume of 491,712 shares, compared to its average volume of 2,030,133. The company has a fifty day simple moving average of $13.98 and a two-hundred day simple moving average of $13.49. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.20. The firm has a market cap of $2.08 billion, a price-to-earnings ratio of 3.31 and a beta of 1.64. NCR Voyix Co. has a 1-year low of $10.87 and a 1-year high of $17.39.

NCR Voyix (NYSE:VYX - Get Free Report) last released its 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 firm had revenue of $711.00 million during the quarter, compared to analysts' expectations of $692.58 million. During the same period last year, the business earned $0.77 earnings per share. The business's revenue was down 12.1% on a year-over-year basis. Research analysts predict that NCR Voyix Co. will post -0.66 earnings per share 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.