Boston Partners Acquires New Holdings in NCR Voyix Co. (NYSE:VYX)

Boston Partners bought a new position in NCR Voyix Co. (NYSE:VYX) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,146,463 shares of the company’s stock, valued at approximately $14,388,000.

A number of other large investors have also recently added to or reduced their stakes in VYX. Hanson & Doremus Investment Management bought a new position in shares of NCR Voyix in the first quarter worth about $84,000. Fifth Third Bancorp acquired a new stake in NCR Voyix in the 1st quarter valued at approximately $43,000. Louisiana State Employees Retirement System bought a new position in NCR Voyix in the 1st quarter worth approximately $839,000. New York State Teachers Retirement System acquired a new position in shares of NCR Voyix during the first quarter worth approximately $2,196,000. Finally, SYSTM Wealth Solutions LLC bought a new stake in shares of NCR Voyix in the first quarter valued at approximately $46,000. Institutional investors own 97.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Stifel Nicolaus began coverage on shares of NCR Voyix in a report on Wednesday, June 12th. They set a “buy” rating and a $16.00 price objective on the stock. Royal Bank of Canada reissued an “outperform” rating and set a $23.00 price objective on shares of NCR Voyix in a report on Friday, April 5th. Needham & Company LLC reissued a “buy” rating and issued a $20.00 price objective on shares of NCR Voyix in a research note on Friday, May 10th. Finally, Stephens reissued an “overweight” rating and set a $16.00 price target on shares of NCR Voyix in a research note on Monday, May 13th. One investment 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 stock currently has a consensus rating of “Moderate Buy” and an average price target of $18.00.

NCR Voyix Trading Down 5.2 %

Shares of VYX traded down $0.74 during midday trading on Friday, reaching $13.47. The stock had a trading volume of 2,315,801 shares, compared to its average volume of 1,740,716. The firm has a 50 day simple moving average of $13.43 and a 200-day simple moving average of $13.43. The company has a debt-to-equity ratio of 102.52, a quick ratio of 0.73 and a current ratio of 0.93. NCR Voyix Co. has a one year low of $10.99 and a one year high of $19.01.

NCR Voyix (NYSE:VYX) last announced its quarterly earnings results on Thursday, May 9th. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01). NCR Voyix had a negative net margin of 7.88% and a positive return on equity of 27.60%. The company had revenue of $862.00 million during the quarter, compared to analyst estimates of $856.00 million. On average, equities analysts expect that NCR Voyix Co. will post -0.33 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.