Empowered Funds LLC Acquires 48,598 Shares of NCR Voyix Co. (NYSE:VYX)

Empowered Funds LLC lifted its stake in shares of NCR Voyix Co. (NYSE:VYX) by 8.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 625,284 shares of the company’s stock after acquiring an additional 48,598 shares during the period. Empowered Funds LLC’s holdings in NCR Voyix were worth $8,654,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Louisiana State Employees Retirement System raised its holdings in shares of NCR Voyix by 1.4% during the third quarter. Louisiana State Employees Retirement System now owns 70,300 shares of the company’s stock valued at $954,000 after purchasing an additional 1,000 shares during the period. Inspire Investing LLC grew its position in NCR Voyix by 5.6% in the 3rd quarter. Inspire Investing LLC now owns 30,205 shares of the company’s stock valued at $410,000 after purchasing an additional 1,606 shares during the period. Truvestments Capital LLC bought a new stake in NCR Voyix during the 3rd quarter valued at $25,000. State of Alaska Department of Revenue raised its holdings in NCR Voyix by 2.6% during the third quarter. State of Alaska Department of Revenue now owns 82,957 shares of the company’s stock worth $1,125,000 after buying an additional 2,073 shares during the last quarter. Finally, Everence Capital Management Inc. raised its holdings in NCR Voyix by 12.9% during the third quarter. Everence Capital Management Inc. now owns 19,790 shares of the company’s stock worth $269,000 after buying an additional 2,260 shares during the last quarter. 97.00% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on VYX. 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 price objective for the company. Needham & Company LLC reiterated a “buy” rating and set a $20.00 price target on shares of NCR Voyix in a research note on Monday, October 14th. One equities research 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, NCR Voyix presently has a consensus rating of “Moderate Buy” and a consensus target price of $16.43.

NCR Voyix Stock Performance

Shares of VYX stock opened at $12.76 on Monday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.20 and a quick ratio of 1.06. The firm has a 50-day moving average of $13.59 and a 200-day moving average of $13.45. NCR Voyix Co. has a one year low of $10.87 and a one year high of $15.98. The company has a market cap of $1.86 billion, a P/E ratio of 2.95 and a beta of 1.62.

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 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%. NCR Voyix’s quarterly revenue was down 12.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.77 EPS. Equities research analysts forecast that NCR Voyix Co. will post -0.59 EPS 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.