State Street Corp Has $78.02 Million Stock Holdings in NCR Voyix Co. (NYSE:VYX)

State Street Corp lifted its stake in NCR Voyix Co. (NYSE:VYX - Free Report) by 2.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,749,678 shares of the company's stock after buying an additional 152,525 shares during the period. State Street Corp owned about 3.94% of NCR Voyix worth $78,023,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Blue Trust Inc. lifted its holdings in NCR Voyix by 72.0% during the 2nd quarter. Blue Trust Inc. now owns 2,006 shares of the company's stock valued at $25,000 after purchasing an additional 840 shares during the last quarter. Nisa Investment Advisors LLC raised its stake in shares of NCR Voyix by 61.4% in the second quarter. Nisa Investment Advisors LLC now owns 5,003 shares of the company's stock valued at $62,000 after acquiring an additional 1,903 shares during the last quarter. Hennessy Advisors Inc. bought a new position in shares of NCR Voyix in the second quarter valued at approximately $13,944,000. SummerHaven Investment Management LLC acquired a new position in shares of NCR Voyix in the 2nd quarter worth approximately $372,000. Finally, Louisiana State Employees Retirement System grew its position in NCR Voyix by 4.4% during the 2nd quarter. Louisiana State Employees Retirement System now owns 69,300 shares of the company's stock worth $856,000 after acquiring an additional 2,900 shares during the last quarter. 97.00% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

VYX has been the subject of several research analyst reports. The Goldman Sachs Group initiated coverage on NCR Voyix in a research report on Monday, October 14th. They issued a "neutral" rating and a $14.00 price objective for the company. Needham & Company LLC reaffirmed a "buy" rating and issued a $20.00 price target on shares of NCR Voyix in a report on Monday, October 14th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, NCR Voyix currently has an average rating of "Moderate Buy" and a consensus price target of $16.43.

NCR Voyix Trading Down 4.1 %

Shares of VYX traded down $0.62 during trading hours on Wednesday, hitting $14.33. 1,547,534 shares of the stock traded hands, compared to its average volume of 2,037,052. The business has a fifty day moving average of $13.90 and a 200-day moving average of $13.45. The company has a current ratio of 1.20, a quick ratio of 1.06 and a debt-to-equity ratio of 1.09. The firm has a market capitalization of $2.09 billion, a PE ratio of 3.32 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 issued its earnings results on Thursday, November 7th. The company reported ($0.24) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.23). The business 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 firm's revenue for the quarter was down 12.1% compared to the same quarter last year. During the same period last year, the business posted $0.77 EPS. Analysts expect that NCR Voyix Co. will post -0.66 EPS for the current year.

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.