Empowered Funds LLC Buys 29,346 Shares of NCR Voyix Co. (NYSE:VYX)

Empowered Funds LLC raised its stake in shares of NCR Voyix Co. (NYSE:VYX) by 5.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 576,686 shares of the company’s stock after acquiring an additional 29,346 shares during the quarter. Empowered Funds LLC owned approximately 0.40% of NCR Voyix worth $7,826,000 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. Swiss National Bank bought a new position in NCR Voyix in the 1st quarter worth approximately $3,331,000. Price T Rowe Associates Inc. MD bought a new stake in NCR Voyix in the first quarter valued at approximately $1,646,000. Gamco Investors INC. ET AL acquired a new stake in NCR Voyix during the 1st quarter worth $442,000. California State Teachers Retirement System acquired a new stake in shares of NCR Voyix during the first quarter worth about $1,689,000. Finally, SG Americas Securities LLC bought a new position in shares of NCR Voyix during the 2nd quarter valued at about $842,000. Institutional investors and hedge funds own 97.00% of the company’s stock.

NCR Voyix Trading Down 2.5 %

Shares of NYSE:VYX opened at $13.96 on Friday. The stock has a market capitalization of $2.04 billion, a PE ratio of 3.23 and a beta of 1.64. The company’s 50-day moving average price is $13.37 and its two-hundred day moving average price is $13.20. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.20 and a quick ratio of 1.06. NCR Voyix Co. has a one year low of $10.87 and a one year high of $17.39.

NCR Voyix (NYSE:VYX) last released its earnings results on Thursday, November 7th. The company reported ($0.24) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.23). The company had revenue of $711.00 million for the quarter, compared to the consensus estimate 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 revenue was down 12.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.77 EPS. On average, equities analysts forecast that NCR Voyix Co. will post -1.69 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider James G. Kelly bought 14,800 shares of the business’s stock in a transaction on Tuesday, August 27th. The shares were purchased at an average price of $13.41 per share, for a total transaction of $198,468.00. Following the completion of the transaction, the insider now directly owns 46,900 shares of the company’s stock, valued at approximately $628,929. This represents a 46.11 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 0.61% of the stock is owned by insiders.

Analysts Set New Price Targets

VYX has been the topic of several research analyst reports. The Goldman Sachs Group began coverage on shares of NCR Voyix in a report on Monday, October 14th. They set a “neutral” rating and a $14.00 target price on the stock. DA Davidson reduced their target price on shares of NCR Voyix from $20.00 to $16.00 and set a “buy” rating for the company 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 for the company in a report on Wednesday, August 7th. Finally, Needham & Company LLC restated a “buy” rating and issued a $20.00 price target on shares of NCR Voyix in a report on Monday, October 14th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, NCR Voyix 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.