Shapiro Capital Management LLC Makes New Investment in NCR Voyix Co. (NYSE:VYX)

Shapiro Capital Management LLC purchased a new position in NCR Voyix Co. (NYSE:VYX) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 6,146,885 shares of the company’s stock, valued at approximately $75,914,000. NCR Voyix makes up approximately 2.3% of Shapiro Capital Management LLC’s portfolio, making the stock its 22nd biggest holding. Shapiro Capital Management LLC owned 4.24% of NCR Voyix at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. Blue Trust Inc. increased its stake in NCR Voyix by 72.0% during the 2nd quarter. Blue Trust Inc. now owns 2,006 shares of the company’s stock worth $25,000 after purchasing an additional 840 shares in the last quarter. Arizona State Retirement System raised its holdings in shares of NCR Voyix by 4.1% during the second quarter. Arizona State Retirement System now owns 38,374 shares of the company’s stock worth $474,000 after acquiring an additional 1,509 shares during the period. Nisa Investment Advisors LLC lifted its position in NCR Voyix by 61.4% in the 2nd 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 in the last quarter. Ensign Peak Advisors Inc boosted its stake in NCR Voyix by 4.6% in the 2nd quarter. Ensign Peak Advisors Inc now owns 52,783 shares of the company’s stock worth $652,000 after purchasing an additional 2,300 shares during the period. Finally, Louisiana State Employees Retirement System increased its holdings 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 purchasing an additional 2,900 shares in the last quarter. Institutional investors and hedge funds own 97.00% of the company’s stock.

Insider Buying and Selling at NCR Voyix

In related news, CFO Brian J. Webb-Walsh acquired 10,000 shares of the company’s stock in a transaction dated Thursday, August 8th. The shares were bought at an average cost of $11.51 per share, with a total value of $115,100.00. Following the completion of the transaction, the chief financial officer now directly owns 142,288 shares of the company’s stock, valued at $1,637,734.88. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, EVP Eric Schoch bought 21,692 shares of the firm’s stock in a transaction dated Tuesday, August 13th. The shares were bought at an average price of $12.19 per share, with a total value of $264,425.48. Following the completion of the transaction, the executive vice president now owns 101,671 shares of the company’s stock, valued at $1,239,369.49. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Brian J. Webb-Walsh purchased 10,000 shares of the company’s stock in a transaction that occurred on Thursday, August 8th. The shares were purchased at an average cost of $11.51 per share, with a total value of $115,100.00. Following the completion of the acquisition, the chief financial officer now owns 142,288 shares in the company, valued at approximately $1,637,734.88. The disclosure for this purchase can be found here. Insiders acquired 46,492 shares of company stock valued at $577,993 in the last quarter. 0.61% of the stock is currently owned by insiders.

NCR Voyix Stock Performance

Shares of VYX opened at $13.60 on Tuesday. The company has a debt-to-equity ratio of 102.52, a current ratio of 0.85 and a quick ratio of 0.67. The firm has a 50-day moving average of $13.30 and a 200-day moving average of $12.93. The company has a market cap of $1.97 billion, a PE ratio of -4.05 and a beta of 1.63. NCR Voyix Co. has a one year low of $10.87 and a one year high of $18.04.

NCR Voyix (NYSE:VYX) last announced its quarterly earnings results on Tuesday, August 6th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.07). NCR Voyix had a positive return on equity of 7.35% and a negative net margin of 11.68%. The business had revenue of $876.00 million for the quarter, compared to analyst estimates of $886.60 million. During the same period last year, the firm earned $0.73 EPS. NCR Voyix’s quarterly revenue was down 7.4% compared to the same quarter last year. As a group, equities analysts forecast that NCR Voyix Co. will post -1.44 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts recently issued reports on VYX shares. Stifel Nicolaus started coverage on NCR Voyix in a report on Wednesday, June 12th. They set a “buy” rating and a $16.00 price objective for the company. Royal Bank of Canada lowered their price objective on shares of NCR Voyix from $19.00 to $16.00 and set an “outperform” rating on the stock in a report on Wednesday, August 7th. Needham & Company LLC reaffirmed a “buy” rating and issued a $20.00 target price on shares of NCR Voyix in a research report on Wednesday, August 7th. Finally, DA Davidson reduced their price objective on shares of NCR Voyix from $20.00 to $16.00 and set a “buy” rating for the company in a research note on Friday, August 9th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, NCR Voyix has an average 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.