MetLife Investment Management LLC Buys 47,338 Shares of NCR Voyix Co. (NYSE:VYX)

MetLife Investment Management LLC increased its stake in NCR Voyix Co. (NYSE:VYX - Free Report) by 129.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 84,013 shares of the company's stock after purchasing an additional 47,338 shares during the quarter. MetLife Investment Management LLC owned 0.06% of NCR Voyix worth $1,140,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. BNP Paribas Financial Markets increased its stake in shares of NCR Voyix by 44.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 99,612 shares of the company's stock worth $1,352,000 after purchasing an additional 30,736 shares in the last quarter. Quantbot Technologies LP lifted its position in shares of NCR Voyix by 240.0% during the 3rd quarter. Quantbot Technologies LP now owns 139,754 shares of the company's stock valued at $1,896,000 after buying an additional 98,647 shares in the last quarter. FMR LLC lifted its holdings in NCR Voyix by 9.1% during the third quarter. FMR LLC now owns 7,157,231 shares of the company's stock valued at $97,124,000 after purchasing an additional 596,254 shares in the last quarter. Qsemble Capital Management LP boosted 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 worth $282,000 after purchasing an additional 7,641 shares during the period. Finally, Truvestments Capital LLC purchased a new stake in shares of NCR Voyix in the third quarter worth $25,000. Institutional investors own 97.00% of the company's stock.

NCR Voyix Price Performance

Shares of NYSE:VYX traded up $0.10 during mid-day trading on Friday, reaching $14.14. The stock had a trading volume of 838,344 shares, compared to its average volume of 1,362,147. The company has a market cap of $2.06 billion, a P/E ratio of 3.27 and a beta of 1.64. The business's 50 day moving average price is $13.71 and its 200 day moving average price is $13.37. 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 1 year low of $10.87 and a 1 year 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 for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.23). NCR Voyix had a net margin of 19.08% and a negative return on equity of 47.67%. The business 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 posted $0.77 earnings per share. The company's revenue for the quarter was down 12.1% compared to the same quarter last year. Research analysts expect that NCR Voyix Co. will post -0.66 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently weighed in on VYX shares. The Goldman Sachs Group initiated coverage on shares of NCR Voyix in a report on Monday, October 14th. They issued a "neutral" rating and a $14.00 target price for the company. Needham & Company LLC reiterated a "buy" rating and set a $20.00 target price on shares of NCR Voyix in a research report on Monday, October 14th. Finally, DA Davidson decreased their target price on NCR Voyix from $20.00 to $16.00 and set a "buy" rating on the stock in a research note on Friday, August 9th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price 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.