BNP Paribas Financial Markets Acquires 30,736 Shares of NCR Voyix Co. (NYSE:VYX)

BNP Paribas Financial Markets raised its stake in NCR Voyix Co. (NYSE:VYX) by 44.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 99,612 shares of the company’s stock after acquiring an additional 30,736 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.07% of NCR Voyix worth $1,352,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Truvestments Capital LLC bought a new stake in shares of NCR Voyix in the third quarter worth $25,000. 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 worth $25,000 after buying an additional 840 shares during the period. Nisa Investment Advisors LLC grew its position in shares of 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 buying an additional 1,903 shares during the last quarter. CWM LLC acquired a new stake in shares of NCR Voyix in the second quarter valued at about $80,000. Finally, W.G. Shaheen & Associates DBA Whitney & Co bought a new position in shares of NCR Voyix during the third quarter worth about $136,000. 97.00% of the stock is currently owned by institutional investors and hedge funds.

NCR Voyix Trading Up 3.1 %

Shares of NCR Voyix stock opened at $14.58 on Tuesday. NCR Voyix Co. has a 1 year low of $10.87 and a 1 year high of $17.39. The company has a 50 day simple moving average of $13.73 and a two-hundred day simple moving average of $13.38. The firm has a market cap of $2.13 billion, a PE ratio of 3.38 and a beta of 1.64. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.20 and a quick ratio of 1.06.

NCR Voyix (NYSE:VYX) last posted its quarterly earnings results on Thursday, November 7th. The company reported ($0.24) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.23). The business had revenue of $711.00 million for the quarter, compared to analysts’ expectations of $692.58 million. NCR Voyix had a negative return on equity of 47.67% and a net margin of 19.08%. The company’s revenue was down 12.1% compared to the same quarter last year. During the same period last year, the business posted $0.77 earnings per share. Analysts expect that NCR Voyix Co. will post -0.66 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on VYX shares. The Goldman Sachs Group initiated coverage on NCR Voyix in a report on Monday, October 14th. They set a “neutral” rating and a $14.00 price target 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 note on Monday, October 14th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $16.43.

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.