Dynamic Technology Lab Private Ltd Has $225,000 Stock Holdings in NCR Voyix Co. (NYSE:VYX)

Dynamic Technology Lab Private Ltd trimmed its stake in shares of NCR Voyix Co. (NYSE:VYX) by 57.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,599 shares of the company’s stock after selling 22,617 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in NCR Voyix were worth $225,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Blue Trust Inc. increased its position 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. Mather Group LLC. acquired a new stake in NCR Voyix in the 2nd quarter worth about $41,000. Nisa Investment Advisors LLC boosted its holdings 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 purchasing an additional 1,903 shares during the period. Carolina Wealth Advisors LLC acquired a new position in shares of NCR Voyix during the 2nd quarter worth approximately $69,000. Finally, CWM LLC bought a new position in shares of NCR Voyix during the second quarter worth approximately $80,000. 97.00% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on VYX. Needham & Company LLC reissued a “buy” rating and set a $20.00 price target on shares of NCR Voyix in a research report on Monday, October 14th. Royal Bank of Canada decreased their price target on NCR Voyix from $19.00 to $16.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 7th. DA Davidson dropped their price target on NCR Voyix from $20.00 to $16.00 and set a “buy” rating for the company in a research note on Friday, August 9th. Finally, The Goldman Sachs Group began coverage on shares of NCR Voyix in a research note on Monday, October 14th. They set a “neutral” rating and a $14.00 price objective on the stock. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $16.43.

NCR Voyix Stock Performance

NCR Voyix stock opened at $14.50 on Tuesday. The stock has a market cap of $2.12 billion, a PE ratio of 3.36 and a beta of 1.64. The company has a quick ratio of 1.06, a current ratio of 1.20 and a debt-to-equity ratio of 1.09. NCR Voyix Co. has a 12-month low of $10.87 and a 12-month high of $17.39. The business’s 50-day moving average price is $13.65 and its two-hundred day moving average price is $13.35.

NCR Voyix (NYSE:VYX) last issued its quarterly earnings data on Thursday, November 7th. The company reported ($0.24) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.23). The company 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%. NCR Voyix’s revenue for the quarter was down 12.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.77 EPS. As a group, analysts expect that NCR Voyix Co. will post -1.86 earnings per share for the current fiscal 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.