Crescent Grove Advisors LLC Decreases Holdings in NCR Voyix Co. (NYSE:VYX)

Crescent Grove Advisors LLC cut its stake in shares of NCR Voyix Co. (NYSE:VYX - Free Report) by 4.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 585,675 shares of the company's stock after selling 30,066 shares during the period. Crescent Grove Advisors LLC owned approximately 0.40% of NCR Voyix worth $8,106,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of VYX. Louisiana State Employees Retirement System lifted its position in shares of NCR Voyix by 1.4% in the third quarter. Louisiana State Employees Retirement System now owns 70,300 shares of the company's stock worth $954,000 after buying an additional 1,000 shares during the last quarter. Inspire Investing LLC lifted its holdings in NCR Voyix by 5.6% in the 3rd quarter. Inspire Investing LLC now owns 30,205 shares of the company's stock worth $410,000 after purchasing an additional 1,606 shares during the last quarter. Truvestments Capital LLC bought a new stake in NCR Voyix during the third quarter worth approximately $25,000. State of Alaska Department of Revenue grew its holdings in NCR Voyix by 2.6% during the third quarter. State of Alaska Department of Revenue now owns 82,957 shares of the company's stock valued at $1,125,000 after purchasing an additional 2,073 shares during the last quarter. Finally, Everence Capital Management Inc. lifted its stake in shares of NCR Voyix by 12.9% in the third quarter. Everence Capital Management Inc. now owns 19,790 shares of the company's stock worth $269,000 after buying an additional 2,260 shares during the last quarter. 97.00% of the stock is owned by hedge funds and other institutional investors.

NCR Voyix Stock Up 0.5 %

Shares of VYX traded up $0.07 on Friday, hitting $12.63. The company's stock had a trading volume of 1,061,117 shares, compared to its average volume of 994,502. The firm's fifty day moving average price is $13.96 and its 200-day moving average price is $13.60. NCR Voyix Co. has a fifty-two week low of $10.87 and a fifty-two week high of $15.98. 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 firm has a market capitalization of $1.84 billion, a price-to-earnings ratio of 2.92 and a beta of 1.63.

NCR Voyix (NYSE:VYX - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported ($0.24) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.23). The company had revenue of $711.00 million during the quarter, compared to the consensus estimate of $692.58 million. NCR Voyix had a net margin of 19.08% and a negative return on equity of 47.67%. The company's revenue was down 12.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.77 earnings per share. On average, equities research analysts expect that NCR Voyix Co. will post -0.66 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. The Goldman Sachs Group began coverage on shares of NCR Voyix in a research report on Monday, October 14th. They set a "neutral" rating and a $14.00 target price for the company. Needham & Company LLC reaffirmed a "buy" rating and set a $20.00 target price 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 given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average 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.