MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Buys 2,866 Shares of NCR Voyix Co. (NYSE:VYX)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in NCR Voyix Co. (NYSE:VYX) by 3.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 82,775 shares of the company’s stock after acquiring an additional 2,866 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.06% of NCR Voyix worth $1,146,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VYX. Smartleaf Asset Management LLC raised its position in shares of NCR Voyix by 175.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,232 shares of the company’s stock valued at $31,000 after purchasing an additional 1,423 shares during the period. KBC Group NV grew its stake in NCR Voyix by 55.1% in the 4th quarter. KBC Group NV now owns 7,148 shares of the company’s stock valued at $99,000 after buying an additional 2,540 shares during the last quarter. Xponance Inc. bought a new position in NCR Voyix in the 4th quarter worth $146,000. Cibc World Markets Corp acquired a new position in NCR Voyix during the 4th quarter worth $188,000. Finally, Magnetar Financial LLC bought a new stake in NCR Voyix during the fourth quarter valued at about $189,000. 97.00% of the stock is currently owned by institutional investors and hedge funds.

NCR Voyix Stock Down 1.1%

NYSE VYX opened at $10.82 on Monday. NCR Voyix Co. has a twelve month low of $7.55 and a twelve month high of $15.34. The stock has a market cap of $1.49 billion, a PE ratio of 2.50 and a beta of 1.52. The firm has a 50-day simple moving average of $9.33 and a 200 day simple moving average of $11.74. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.20.

NCR Voyix (NYSE:VYX) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.02 by $0.07. NCR Voyix had a negative return on equity of 47.67% and a net margin of 19.08%. The firm had revenue of $617.00 million during the quarter, compared to analysts’ expectations of $608.67 million. During the same quarter in the prior year, the firm posted $0.13 EPS. The company’s revenue for the quarter was down 13.1% on a year-over-year basis. On average, research analysts forecast that NCR Voyix Co. will post -0.86 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on VYX. Royal Bank of Canada reiterated an “outperform” rating and issued a $17.00 price objective on shares of NCR Voyix in a research note on Tuesday, March 25th. Needham & Company LLC dropped their price target on NCR Voyix from $15.00 to $13.00 and set a “buy” rating on the stock in a research report on Friday, May 9th. Finally, The Goldman Sachs Group upped their price target on NCR Voyix from $8.50 to $11.00 and gave the stock a “neutral” rating in a report on Friday, May 9th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $14.60.

Insider Buying and Selling

In related news, Director Laura Sen acquired 22,550 shares of the firm’s stock in a transaction on Tuesday, May 13th. The shares were bought at an average cost of $11.04 per share, with a total value of $248,952.00. Following the completion of the acquisition, the director now owns 52,203 shares of the company’s stock, valued at $576,321.12. This trade represents a 76.05% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.61% of the stock is owned by company insiders.

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.