Pathstone Holdings LLC Acquires 183,387 Shares of NCR Voyix Co. (NYSE:VYX)

Pathstone Holdings LLC increased its position in shares of NCR Voyix Co. (NYSE:VYX) by 651.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 211,551 shares of the company’s stock after purchasing an additional 183,387 shares during the quarter. Pathstone Holdings LLC owned 0.15% of NCR Voyix worth $2,871,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Empowered Funds LLC boosted its stake in shares of NCR Voyix by 5.4% in the 3rd quarter. Empowered Funds LLC now owns 576,686 shares of the company’s stock valued at $7,826,000 after purchasing an additional 29,346 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its holdings in NCR Voyix by 27.5% during the third quarter. Oppenheimer Asset Management Inc. now owns 14,173 shares of the company’s stock worth $192,000 after acquiring an additional 3,060 shares during the period. Victory Capital Management Inc. raised its stake in NCR Voyix by 0.8% during the third quarter. Victory Capital Management Inc. now owns 4,071,816 shares of the company’s stock valued at $55,255,000 after buying an additional 31,436 shares during the last quarter. Entropy Technologies LP bought a new position in shares of NCR Voyix in the third quarter worth approximately $344,000. Finally, Hollencrest Capital Management boosted its position in shares of NCR Voyix by 216.5% during the third quarter. Hollencrest Capital Management now owns 75,000 shares of the company’s stock valued at $1,018,000 after buying an additional 51,300 shares during the last quarter. Institutional investors own 97.00% of the company’s stock.

NCR Voyix Price Performance

VYX stock opened at $14.70 on Tuesday. The company has a quick ratio of 1.06, a current ratio of 1.20 and a debt-to-equity ratio of 1.09. The stock has a market cap of $2.15 billion, a price-to-earnings ratio of 3.41 and a beta of 1.64. The business has a fifty day moving average of $13.55 and a two-hundred day moving average of $13.28. NCR Voyix Co. has a 52-week low of $10.87 and a 52-week high of $17.39.

NCR Voyix (NYSE:VYX) last announced its quarterly earnings data on Thursday, November 7th. The company reported ($0.24) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.23). The company had revenue of $711.00 million for the quarter, compared to analyst estimates of $692.58 million. NCR Voyix had a negative return on equity of 47.67% and a net margin of 19.08%. The business’s quarterly revenue was down 12.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.77 earnings per share. As a group, research analysts anticipate that NCR Voyix Co. will post -1.86 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have issued reports on VYX shares. DA Davidson cut their price target on NCR Voyix from $20.00 to $16.00 and set a “buy” rating for the company in a report on Friday, August 9th. Royal Bank of Canada cut 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 note on Monday, October 14th. They set a “neutral” rating and a $14.00 target price for the company. Finally, 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. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $16.43.

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.