AQR Capital Management LLC Has $24.71 Million Stock Holdings in NCR Voyix Co. (NYSE:VYX)

AQR Capital Management LLC decreased its position in shares of NCR Voyix Co. (NYSE:VYX) by 39.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,012,265 shares of the company’s stock after selling 1,327,456 shares during the period. AQR Capital Management LLC owned approximately 1.39% of NCR Voyix worth $24,711,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Blue Trust Inc. increased its stake in NCR Voyix by 72.0% in the second quarter. Blue Trust Inc. now owns 2,006 shares of the company’s stock valued at $25,000 after acquiring an additional 840 shares during the last quarter. Mather Group LLC. acquired a new position in NCR Voyix during the second quarter worth about $41,000. Bessemer Group Inc. bought a new position in shares of NCR Voyix in the first quarter worth about $43,000. SYSTM Wealth Solutions LLC acquired a new position in NCR Voyix during the 1st quarter worth approximately $46,000. Finally, Nisa Investment Advisors LLC lifted its stake in NCR Voyix by 61.4% in the 2nd 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. 97.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at NCR Voyix

In other NCR Voyix news, CFO Brian J. Webb-Walsh acquired 10,000 shares of the company’s stock in a transaction that occurred on Thursday, August 8th. The stock was bought at an average price of $11.51 per share, with a total value of $115,100.00. Following the purchase, the chief financial officer now owns 142,288 shares in the company, valued at $1,637,734.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other NCR Voyix news, CFO Brian J. Webb-Walsh purchased 10,000 shares of NCR Voyix stock in a transaction dated Thursday, August 8th. The shares were acquired at an average price of $11.51 per share, with a total value of $115,100.00. Following the completion of the transaction, the chief financial officer now owns 142,288 shares of the company’s stock, valued at $1,637,734.88. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider James G. Kelly acquired 14,800 shares of NCR Voyix stock in a transaction dated Tuesday, August 27th. The stock was purchased at an average price of $13.41 per share, for a total transaction of $198,468.00. Following the completion of the acquisition, the insider now directly owns 46,900 shares in the company, valued at approximately $628,929. The disclosure for this purchase can be found here. Insiders acquired a total of 46,492 shares of company stock worth $577,993 in the last 90 days. Corporate insiders own 0.61% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on VYX. Needham & Company LLC reiterated a “buy” rating and issued a $20.00 price objective on shares of NCR Voyix in a report on Wednesday, August 7th. DA Davidson cut their price objective on NCR Voyix from $20.00 to $16.00 and set a “buy” rating on the stock in a research note on Friday, August 9th. Royal Bank of Canada cut their price target on shares of NCR Voyix from $19.00 to $16.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 7th. Finally, Stifel Nicolaus assumed coverage on NCR Voyix in a research note on Wednesday, June 12th. They issued a “buy” rating and a $16.00 price objective on the stock. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $16.43.

NCR Voyix Stock Up 4.3 %

VYX stock opened at $13.72 on Monday. The company has a quick ratio of 0.67, a current ratio of 0.85 and a debt-to-equity ratio of 102.52. NCR Voyix Co. has a twelve month low of $10.87 and a twelve month high of $18.04. The stock has a market cap of $1.99 billion, a P/E ratio of -4.08 and a beta of 1.63. The business’s 50-day moving average price is $13.19 and its 200-day moving average price is $12.95.

NCR Voyix (NYSE:VYX) last released its earnings results on Tuesday, August 6th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.07). NCR Voyix had a positive return on equity of 7.35% and a negative net margin of 11.68%. The business had revenue of $876.00 million for the quarter, compared to the consensus estimate of $886.60 million. During the same quarter last year, the business posted $0.73 earnings per share. The firm’s revenue for the quarter was down 7.4% compared to the same quarter last year. On average, equities research analysts forecast that NCR Voyix Co. will post -1.44 EPS for the current year.

NCR Voyix 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.