American Century Companies Inc. Has $1.56 Million Stake in NCR Voyix Co. (NYSE:VYX)

American Century Companies Inc. cut its holdings in NCR Voyix Co. (NYSE:VYX) by 29.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 125,905 shares of the company’s stock after selling 53,493 shares during the period. American Century Companies Inc.’s holdings in NCR Voyix were worth $1,555,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. acquired a new stake in shares of NCR Voyix in the 1st quarter valued at $216,302,000. First Pacific Advisors LP raised its holdings in NCR Voyix by 31.3% during the second quarter. First Pacific Advisors LP now owns 3,455,892 shares of the company’s stock worth $42,680,000 after acquiring an additional 824,008 shares in the last quarter. LSV Asset Management bought a new stake in NCR Voyix during the first quarter worth $39,433,000. Senator Investment Group LP bought a new stake in NCR Voyix in the first quarter valued at approximately $37,890,000. Finally, Crescent Grove Advisors LLC acquired a new position in shares of NCR Voyix in the first quarter valued at $37,539,000. Institutional investors own 97.00% of the company’s stock.

Analyst Ratings Changes

VYX has been the topic of several recent research reports. Needham & Company LLC reiterated a “buy” rating and set a $20.00 price objective on shares of NCR Voyix in a research report on Wednesday, August 7th. Stifel Nicolaus started coverage on shares of NCR Voyix in a report on Wednesday, June 12th. They issued a “buy” rating and a $16.00 target price for the company. Royal Bank of Canada dropped their price target 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. Finally, DA Davidson reduced their target price on shares of NCR Voyix from $20.00 to $16.00 and set a “buy” rating on the stock in a report on Friday, August 9th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $16.43.

Insider Activity

In other NCR Voyix news, insider James G. Kelly acquired 14,800 shares of NCR Voyix stock in a transaction that occurred on Tuesday, August 27th. The stock was bought at an average cost of $13.41 per share, for a total transaction of $198,468.00. Following the acquisition, the insider now owns 46,900 shares of the company’s stock, valued at $628,929. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, insider James G. Kelly purchased 14,800 shares of the stock in a transaction on Tuesday, August 27th. The shares were acquired at an average price of $13.41 per share, with a total value of $198,468.00. Following the completion of the acquisition, the insider now directly owns 46,900 shares of the company’s stock, valued at $628,929. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Eric Schoch purchased 21,692 shares of the stock in a transaction that occurred on Tuesday, August 13th. The stock was acquired at an average cost of $12.19 per share, for a total transaction of $264,425.48. Following the completion of the acquisition, the executive vice president now owns 101,671 shares in the company, valued at approximately $1,239,369.49. The disclosure for this purchase can be found here. Insiders bought a total of 46,492 shares of company stock worth $577,993 in the last quarter. 0.61% of the stock is owned by company insiders.

NCR Voyix Trading Up 4.3 %

Shares of NCR Voyix stock opened at $13.72 on Monday. The company’s 50-day moving average price is $13.19 and its 200-day moving average price is $12.95. The company has a market cap of $1.99 billion, a price-to-earnings ratio of -4.08 and a beta of 1.63. The company has a current ratio of 0.85, a quick ratio of 0.67 and a debt-to-equity ratio of 102.52. NCR Voyix Co. has a 12-month low of $10.87 and a 12-month high of $18.04.

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

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.