NCR Voyix Co. (NYSE:VYX) Shares Bought by Wellington Management Group LLP

Wellington Management Group LLP lifted its stake in shares of NCR Voyix Co. (NYSE:VYX) by 1.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,191,232 shares of the company’s stock after buying an additional 13,046 shares during the quarter. Wellington Management Group LLP owned approximately 0.82% of NCR Voyix worth $16,165,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Engaged Capital LLC grew its holdings in NCR Voyix by 14.1% during the 3rd quarter. Engaged Capital LLC now owns 7,171,029 shares of the company’s stock worth $97,311,000 after acquiring an additional 885,000 shares in the last quarter. FMR LLC lifted its position in shares of NCR Voyix by 9.1% during the third quarter. FMR LLC now owns 7,157,231 shares of the company’s stock worth $97,124,000 after purchasing an additional 596,254 shares during the last quarter. Shapiro Capital Management LLC acquired a new position in NCR Voyix in the second quarter worth about $75,914,000. State Street Corp increased its holdings in NCR Voyix by 2.7% in the third quarter. State Street Corp now owns 5,749,678 shares of the company’s stock valued at $78,023,000 after buying an additional 152,525 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its holdings in NCR Voyix by 0.8% during the 3rd quarter. Victory Capital Management Inc. now owns 4,071,816 shares of the company’s stock worth $55,255,000 after buying an additional 31,436 shares during the last quarter. Institutional investors own 97.00% of the company’s stock.

NCR Voyix Stock Performance

VYX stock opened at $14.67 on Friday. NCR Voyix Co. has a 1 year low of $10.87 and a 1 year high of $17.39. The stock has a market capitalization of $2.14 billion, a price-to-earnings ratio of 3.40 and a beta of 1.64. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.20. The stock’s fifty day moving average is $13.84 and its two-hundred day moving average is $13.42.

NCR Voyix (NYSE:VYX) last issued its quarterly earnings data on Thursday, November 7th. The company reported ($0.24) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.23). NCR Voyix had a net margin of 19.08% and a negative return on equity of 47.67%. 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 prior year, the business earned $0.77 earnings per share. The company’s revenue for the quarter was down 12.1% compared to the same quarter last year. On average, research analysts predict that NCR Voyix Co. will post -0.66 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Needham & Company LLC reiterated a “buy” rating and issued a $20.00 price target on shares of NCR Voyix in a report on Monday, October 14th. 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 target price for the company. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price 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.