Quantbot Technologies LP Has $1.90 Million Stake in NCR Voyix Co. (NYSE:VYX)

Quantbot Technologies LP increased its stake in shares of NCR Voyix Co. (NYSE:VYX) by 240.0% during the third quarter, HoldingsChannel reports. The institutional investor owned 139,754 shares of the company’s stock after buying an additional 98,647 shares during the quarter. Quantbot Technologies LP’s holdings in NCR Voyix were worth $1,896,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. FMR LLC lifted its position in shares of NCR Voyix by 9.1% during the 3rd quarter. FMR LLC now owns 7,157,231 shares of the company’s stock valued at $97,124,000 after acquiring an additional 596,254 shares during the period. Qsemble Capital Management LP lifted its position in NCR Voyix by 58.2% during the third quarter. Qsemble Capital Management LP now owns 20,760 shares of the company’s stock worth $282,000 after purchasing an additional 7,641 shares during the period. Truvestments Capital LLC acquired a new stake in NCR Voyix during the third quarter worth about $25,000. Penserra Capital Management LLC grew its stake in NCR Voyix by 44.1% during the third quarter. Penserra Capital Management LLC now owns 178,875 shares of the company’s stock worth $2,427,000 after buying an additional 54,714 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in NCR Voyix by 10.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,582,882 shares of the company’s stock valued at $35,050,000 after buying an additional 238,555 shares during the period. Institutional investors own 97.00% of the company’s stock.

NCR Voyix Stock Up 1.0 %

Shares of NYSE:VYX opened at $14.49 on Friday. NCR Voyix Co. has a 52-week low of $10.87 and a 52-week high of $17.39. The company has a market capitalization of $2.12 billion, a PE ratio of 3.35 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 company has a fifty day moving average of $13.60 and a 200-day moving average of $13.32.

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

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Needham & Company LLC reiterated a “buy” rating and set a $20.00 price target on shares of NCR Voyix in a research report on Monday, October 14th. Royal Bank of Canada reduced their target price on NCR Voyix from $19.00 to $16.00 and set an “outperform” rating on the stock in a report on Wednesday, August 7th. DA Davidson lowered 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. Finally, The Goldman Sachs Group started coverage on NCR Voyix in a research note on Monday, October 14th. They issued a “neutral” rating and a $14.00 price objective on the stock. 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, the company has an average rating of “Moderate Buy” and an average 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.