JPMorgan Chase & Co. Has $2.79 Million Holdings in NCR Voyix Co. (NYSE:VYX)

JPMorgan Chase & Co. trimmed its stake in NCR Voyix Co. (NYSE:VYX) by 37.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 205,872 shares of the company’s stock after selling 124,215 shares during the period. JPMorgan Chase & Co. owned about 0.14% of NCR Voyix worth $2,794,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. Truvestments Capital LLC acquired a new stake in shares of NCR Voyix in the third quarter valued at about $25,000. MBB Public Markets I LLC bought a new stake in NCR Voyix in the second quarter valued at approximately $134,000. W.G. Shaheen & Associates DBA Whitney & Co acquired a new stake in NCR Voyix during the 3rd quarter valued at approximately $136,000. Oppenheimer Asset Management Inc. bought a new position in NCR Voyix during the 2nd quarter worth approximately $137,000. Finally, Algert Global LLC acquired a new position in shares of NCR Voyix in the 2nd quarter worth approximately $170,000. 97.00% of the stock is owned by institutional investors.

NCR Voyix Price Performance

Shares of NYSE VYX opened at $13.08 on Tuesday. 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’s 50-day moving average price is $14.09 and its 200-day moving average price is $13.63. The firm has a market capitalization of $1.91 billion, a P/E ratio of 3.03 and a beta of 1.63. NCR Voyix Co. has a 1-year low of $10.87 and a 1-year high of $15.98.

NCR Voyix (NYSE:VYX) last announced its quarterly 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). NCR Voyix had a negative return on equity of 47.67% and a net margin of 19.08%. The firm had revenue of $711.00 million during the quarter, compared to the consensus estimate of $692.58 million. During the same quarter in the previous year, the company posted $0.77 EPS. The firm’s revenue was down 12.1% on a year-over-year basis. Equities research analysts anticipate that NCR Voyix Co. will post -0.66 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently weighed in on VYX. The Goldman Sachs Group initiated coverage on shares of NCR Voyix in a research report on Monday, October 14th. They set a “neutral” rating and a $14.00 price objective for the company. Needham & Company LLC reiterated a “buy” rating and set a $20.00 price target on shares of NCR Voyix in a report 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.com, the company has an average rating of “Moderate Buy” and an average target price of $16.43.

About NCR Voyix

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.