Louisiana State Employees Retirement System Acquires 1,000 Shares of NCR Voyix Co. (NYSE:VYX)

Louisiana State Employees Retirement System lifted its holdings in shares of NCR Voyix Co. (NYSE:VYX) by 1.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,300 shares of the company’s stock after purchasing an additional 1,000 shares during the period. Louisiana State Employees Retirement System’s holdings in NCR Voyix were worth $954,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. bought a new position in shares of NCR Voyix during the 1st quarter worth approximately $216,302,000. Engaged Capital LLC grew its holdings in NCR Voyix by 7.7% in the second quarter. Engaged Capital LLC now owns 6,286,029 shares of the company’s stock worth $77,632,000 after purchasing an additional 450,000 shares during the period. Shapiro Capital Management LLC bought a new stake in NCR Voyix in the second quarter valued at $75,914,000. First Pacific Advisors LP raised its holdings in shares of NCR Voyix by 31.3% during the second quarter. First Pacific Advisors LP now owns 3,455,892 shares of the company’s stock valued at $42,680,000 after purchasing an additional 824,008 shares during the period. Finally, LSV Asset Management bought a new position in shares of NCR Voyix during the 1st quarter worth about $39,433,000. Institutional investors and hedge funds own 97.00% of the company’s stock.

NCR Voyix Price Performance

VYX opened at $12.78 on Monday. NCR Voyix Co. has a 1 year low of $10.87 and a 1 year high of $17.39. The company has a market capitalization of $1.86 billion, a price-to-earnings ratio of -3.20 and a beta of 1.64. The firm’s fifty day moving average price is $13.21 and its two-hundred day moving average price is $13.08.

NCR Voyix (NYSE:VYX) last issued 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 firm had revenue of $876.00 million during the quarter, compared to the consensus estimate of $886.60 million. NCR Voyix had a positive return on equity of 7.35% and a negative net margin of 11.68%. The company’s revenue for the quarter was down 7.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.73 earnings per share. As a group, equities analysts anticipate that NCR Voyix Co. will post -1.52 EPS for the current year.

Insider Activity

In other NCR Voyix news, insider James G. Kelly purchased 14,800 shares of the company’s stock in a transaction that occurred on Tuesday, August 27th. The shares were acquired at an average cost of $13.41 per share, for a total transaction of $198,468.00. Following the completion of the acquisition, the insider now owns 46,900 shares of the company’s stock, valued at $628,929. The trade was a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In related news, CFO Brian J. Webb-Walsh purchased 10,000 shares of NCR Voyix stock in a transaction that occurred on Thursday, August 8th. The stock was bought at an average price of $11.51 per share, for a total transaction of $115,100.00. Following the completion of the transaction, the chief financial officer now owns 142,288 shares in the company, valued at $1,637,734.88. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider James G. Kelly acquired 14,800 shares of the firm’s stock in a transaction that occurred on Tuesday, August 27th. The shares were bought at an average price of $13.41 per share, with a total value of $198,468.00. Following the acquisition, the insider now directly owns 46,900 shares of the company’s stock, valued at $628,929. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders acquired a total of 46,492 shares of company stock valued at $577,993 over the last three months. Corporate insiders own 0.61% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on VYX. DA Davidson dropped their price target on NCR Voyix from $20.00 to $16.00 and set a “buy” rating on the stock in a research note on Friday, August 9th. Royal Bank of Canada lowered their target price 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. The Goldman Sachs Group started coverage on shares of NCR Voyix in a research report on Monday, October 14th. They issued a “neutral” rating and a $14.00 price target for the company. Finally, Needham & Company LLC restated a “buy” rating and set a $20.00 price objective 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 assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target 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.