Teacher Retirement System of Texas Invests $198,000 in NCR Voyix Corporation (NYSE:VYX)

Teacher Retirement System of Texas bought a new position in shares of NCR Voyix Corporation (NYSE:VYX) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 20,267 shares of the company’s stock, valued at approximately $198,000.

A number of other hedge funds also recently modified their holdings of VYX. Crescent Grove Advisors LLC increased its position in NCR Voyix by 47.9% during the first quarter. Crescent Grove Advisors LLC now owns 866,347 shares of the company’s stock worth $8,447,000 after acquiring an additional 280,672 shares during the period. Illinois Municipal Retirement Fund increased its position in NCR Voyix by 14.6% during the first quarter. Illinois Municipal Retirement Fund now owns 86,393 shares of the company’s stock worth $842,000 after acquiring an additional 10,999 shares during the period. New World Advisors LLC increased its position in NCR Voyix by 88.2% during the first quarter. New World Advisors LLC now owns 44,175 shares of the company’s stock worth $431,000 after acquiring an additional 20,700 shares during the period. Spire Wealth Management increased its position in NCR Voyix by 20.7% during the first quarter. Spire Wealth Management now owns 7,930 shares of the company’s stock worth $77,000 after acquiring an additional 1,360 shares during the period. Finally, Bfsg LLC increased its holdings in NCR Voyix by 12.0% in the 1st quarter. Bfsg LLC now owns 21,570 shares of the company’s stock valued at $210,000 after buying an additional 2,305 shares during the period. Institutional investors and hedge funds own 97.00% of the company’s stock.

NCR Voyix Stock Performance

NYSE VYX opened at $14.11 on Monday. The firm’s fifty day moving average price is $11.89 and its two-hundred day moving average price is $11.14. The stock has a market cap of $1.94 billion, a PE ratio of 2.13 and a beta of 1.65. NCR Voyix Corporation has a fifty-two week low of $7.55 and a fifty-two week high of $15.34. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.96 and a current ratio of 1.12.

NCR Voyix (NYSE:VYX) last posted its earnings results on Thursday, May 8th. The company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.07. The firm had revenue of $617.00 million for the quarter, compared to analysts’ expectations of $608.67 million. NCR Voyix had a net margin of 33.61% and a negative return on equity of 17.40%. The company’s revenue was down 13.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.13 earnings per share. On average, equities analysts expect that NCR Voyix Corporation will post -0.86 EPS for the current fiscal year.

Insider Buying and Selling at NCR Voyix

In other NCR Voyix news, Director Laura Sen bought 22,550 shares of the business’s stock in a transaction that occurred on Tuesday, May 13th. The shares were acquired at an average cost of $11.04 per share, for a total transaction of $248,952.00. Following the transaction, the director directly owned 52,203 shares in the company, valued at approximately $576,321.12. This represents a 76.05% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.29% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Royal Bank Of Canada reissued an “outperform” rating and issued a $17.00 target price on shares of NCR Voyix in a report on Tuesday, March 25th. Stephens raised their target price on shares of NCR Voyix from $12.00 to $15.00 and gave the company an “overweight” rating in a report on Monday, June 9th. The Goldman Sachs Group raised their target price on shares of NCR Voyix from $8.50 to $11.00 and gave the company a “neutral” rating in a report on Friday, May 9th. Finally, Needham & Company LLC decreased their target price on shares of NCR Voyix from $15.00 to $13.00 and set a “buy” rating on the stock in a report on Friday, May 9th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $14.40.

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.