Intech Investment Management LLC Purchases Shares of 31,456 NCR Voyix Co. (NYSE:VYX)

Intech Investment Management LLC bought a new stake in NCR Voyix Co. (NYSE:VYX) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 31,456 shares of the company’s stock, valued at approximately $427,000.

A number of other institutional investors have also added to or reduced their stakes in VYX. Price T Rowe Associates Inc. MD purchased a new position in NCR Voyix in the first quarter worth $1,646,000. Public Employees Retirement System of Ohio bought a new position in shares of NCR Voyix in the first quarter worth approximately $673,000. Janus Henderson Group PLC bought a new position in NCR Voyix in the first quarter valued at $824,000. California State Teachers Retirement System purchased a new stake in NCR Voyix in the first quarter worth approximately $1,689,000. Finally, Tidal Investments LLC bought a new position in shares of NCR Voyix during the 1st quarter valued at $129,000. 97.00% of the stock is owned by institutional investors and hedge funds.

NCR Voyix Trading Down 0.1 %

NCR Voyix stock opened at $14.50 on Tuesday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.20 and a quick ratio of 1.06. The firm’s 50 day moving average price is $13.65 and its 200-day moving average price is $13.35. NCR Voyix Co. has a 1 year low of $10.87 and a 1 year high of $17.39. The stock has a market cap of $2.12 billion, a P/E ratio of 3.36 and a beta of 1.64.

NCR Voyix (NYSE:VYX) last announced its earnings results on Thursday, November 7th. The company reported ($0.24) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.23). NCR Voyix had a negative return on equity of 47.67% and a net margin of 19.08%. The company had revenue of $711.00 million during the quarter, compared to analysts’ expectations of $692.58 million. During the same quarter last year, the firm posted $0.77 EPS. NCR Voyix’s revenue for the quarter was down 12.1% compared to the same quarter last year. On average, equities analysts predict that NCR Voyix Co. will post -1.86 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on VYX shares. 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 price target for the company. Needham & Company LLC reissued a “buy” rating and issued a $20.00 price target on shares of NCR Voyix in a research note on Monday, October 14th. DA Davidson reduced their target price on NCR Voyix from $20.00 to $16.00 and set a “buy” rating on the stock in a report on Friday, August 9th. Finally, Royal Bank of Canada lowered their target price on NCR Voyix from $19.00 to $16.00 and set an “outperform” rating for the company in a research note on Wednesday, August 7th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently 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.