Penserra Capital Management LLC Acquires 54,714 Shares of NCR Voyix Co. (NYSE:VYX)

Penserra Capital Management LLC lifted its holdings in NCR Voyix Co. (NYSE:VYX) by 44.1% during the third quarter, HoldingsChannel.com reports. The firm owned 178,875 shares of the company’s stock after purchasing an additional 54,714 shares during the period. Penserra Capital Management LLC’s holdings in NCR Voyix were worth $2,427,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Blue Trust Inc. increased its stake in NCR Voyix by 72.0% in the 2nd quarter. Blue Trust Inc. now owns 2,006 shares of the company’s stock valued at $25,000 after buying an additional 840 shares during the last quarter. Mather Group LLC. acquired a new stake in shares of NCR Voyix in the second quarter valued at about $41,000. Bessemer Group Inc. bought a new stake in NCR Voyix during the first quarter worth about $43,000. Nisa Investment Advisors LLC boosted its position in NCR Voyix by 61.4% during the second quarter. Nisa Investment Advisors LLC now owns 5,003 shares of the company’s stock valued at $62,000 after purchasing an additional 1,903 shares during the last quarter. Finally, Carolina Wealth Advisors LLC bought a new position in NCR Voyix in the second quarter valued at approximately $69,000. Institutional investors and hedge funds own 97.00% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on VYX. The Goldman Sachs Group initiated coverage on NCR Voyix in a report on Monday, October 14th. They issued a “neutral” rating and a $14.00 price objective for the company. DA Davidson cut their price target 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 price objective on shares of NCR Voyix from $19.00 to $16.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 7th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $20.00 target price on shares of NCR Voyix in a report on Monday, October 14th. One analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, NCR Voyix has an average rating of “Moderate Buy” and a consensus target price of $16.43.

NCR Voyix Stock Performance

Shares of NCR Voyix stock opened at $14.70 on Tuesday. The company’s 50 day moving average price is $13.55 and its two-hundred day moving average price is $13.28. The firm has a market capitalization of $2.15 billion, a P/E ratio of 3.40 and a beta of 1.64. 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 fifty-two week low of $10.87 and a fifty-two week high of $17.39.

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 analysts’ consensus estimates of ($0.01) by ($0.23). The firm 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 company’s revenue was down 12.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.77 EPS. On average, equities analysts forecast that NCR Voyix Co. will post -1.86 earnings per share for the current fiscal year.

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.