Private Management Group Inc. Has $31.44 Million Holdings in NCR Voyix Co. (NYSE:VYX)

Private Management Group Inc. grew its position in shares of NCR Voyix Co. (NYSE:VYX - Free Report) by 37.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,316,872 shares of the company's stock after buying an additional 635,062 shares during the period. NCR Voyix comprises 1.1% of Private Management Group Inc.'s portfolio, making the stock its 28th largest position. Private Management Group Inc. owned 1.59% of NCR Voyix worth $31,440,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in VYX. Vanguard Group Inc. acquired a new position in NCR Voyix in the first quarter worth $216,302,000. Engaged Capital LLC grew its position in shares of NCR Voyix by 7.7% during the 2nd quarter. Engaged Capital LLC now owns 6,286,029 shares of the company's stock valued at $77,632,000 after buying an additional 450,000 shares during the last quarter. Shapiro Capital Management LLC acquired a new stake in NCR Voyix during the second quarter worth about $75,914,000. First Pacific Advisors LP raised its stake in NCR Voyix by 31.3% during the second quarter. First Pacific Advisors LP now owns 3,455,892 shares of the company's stock worth $42,680,000 after acquiring an additional 824,008 shares during the period. Finally, LSV Asset Management bought a new position in NCR Voyix in the first quarter worth about $39,433,000. 97.00% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, insider James G. Kelly purchased 14,800 shares of the firm's stock in a transaction on Tuesday, August 27th. The stock was purchased at an average cost of $13.41 per share, with a total value of $198,468.00. Following the purchase, the insider now owns 46,900 shares in the company, valued at $628,929. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other NCR Voyix news, insider James G. Kelly purchased 14,800 shares of the business's stock in a transaction on Tuesday, August 27th. The stock was bought at an average cost of $13.41 per share, with a total value of $198,468.00. Following the acquisition, the insider now owns 46,900 shares of the company's stock, valued at $628,929. The trade was a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Eric Schoch acquired 21,692 shares of NCR Voyix stock in a transaction dated Tuesday, August 13th. The shares were acquired at an average price of $12.19 per share, with a total value of $264,425.48. Following the transaction, the executive vice president now owns 101,671 shares in the company, valued at approximately $1,239,369.49. This represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders bought 46,492 shares of company stock worth $577,993 over the last ninety days. Company insiders own 0.61% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on VYX. The Goldman Sachs Group initiated coverage on NCR Voyix in a research report on Monday, October 14th. They set a "neutral" rating and a $14.00 price target on the stock. Needham & Company LLC reiterated a "buy" rating and issued a $20.00 target price on shares of NCR Voyix in a research note on Monday, October 14th. Royal Bank of Canada lowered their price target on shares of NCR Voyix from $19.00 to $16.00 and set an "outperform" rating for the company in a research report on Wednesday, August 7th. Finally, DA Davidson cut their price objective on shares of NCR Voyix from $20.00 to $16.00 and set a "buy" rating on the stock in a research report on Friday, August 9th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, NCR Voyix presently has a consensus rating of "Moderate Buy" and an average price target of $16.43.

NCR Voyix Price Performance

Shares of VYX traded down $0.03 during trading hours on Friday, reaching $12.78. 893,097 shares of the company's stock traded hands, compared to its average volume of 908,147. NCR Voyix Co. has a twelve month low of $10.87 and a twelve month high of $17.39. The business's fifty day simple moving average is $13.21 and its two-hundred day simple moving average is $13.07.

NCR Voyix (NYSE:VYX - Get Free Report) last released its quarterly earnings results on Tuesday, August 6th. The company reported $0.09 EPS for the quarter, missing analysts' consensus estimates of $0.16 by ($0.07). The company had revenue of $876.00 million for the quarter, compared to the consensus estimate of $886.60 million. NCR Voyix had a positive return on equity of 7.35% and a negative net margin of 11.68%. The firm's quarterly revenue was down 7.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.73 earnings per share. Equities analysts anticipate that NCR Voyix Co. will post -1.52 EPS 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.