PNC Financial Services Group Inc. Sells 12,021 Shares of NCR Voyix Corporation $VYX

PNC Financial Services Group Inc. cut its position in shares of NCR Voyix Corporation (NYSE:VYX) by 62.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,310 shares of the company’s stock after selling 12,021 shares during the period. PNC Financial Services Group Inc.’s holdings in NCR Voyix were worth $71,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in VYX. Mariner LLC boosted its position in shares of NCR Voyix by 6.6% during the 4th quarter. Mariner LLC now owns 14,022 shares of the company’s stock valued at $194,000 after acquiring an additional 872 shares during the last quarter. Summit Investment Advisors Inc. lifted its position in NCR Voyix by 6.8% during the fourth quarter. Summit Investment Advisors Inc. now owns 15,221 shares of the company’s stock valued at $211,000 after purchasing an additional 966 shares during the last quarter. Spire Wealth Management grew its stake in shares of NCR Voyix by 20.7% in the 1st quarter. Spire Wealth Management now owns 7,930 shares of the company’s stock worth $77,000 after buying an additional 1,360 shares in the last quarter. Bank of Montreal Can increased its holdings in shares of NCR Voyix by 8.2% in the 4th quarter. Bank of Montreal Can now owns 19,703 shares of the company’s stock worth $273,000 after buying an additional 1,489 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD increased its holdings in shares of NCR Voyix by 2.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 98,471 shares of the company’s stock worth $1,363,000 after buying an additional 2,272 shares during the last quarter. Institutional investors own 97.00% of the company’s stock.

Analysts Set New Price Targets

VYX has been the subject of several recent research reports. Needham & Company LLC dropped their price target on NCR Voyix from $15.00 to $13.00 and set a “buy” rating for the company in a research report on Friday, May 9th. The Goldman Sachs Group lifted their target price on NCR Voyix from $8.50 to $11.00 and gave the stock a “neutral” rating in a report on Friday, May 9th. Stifel Nicolaus boosted their target price on NCR Voyix from $13.00 to $15.00 and gave the company a “buy” rating in a research report on Friday, August 8th. Finally, Stephens raised their price target on NCR Voyix from $12.00 to $15.00 and gave the stock an “overweight” rating in a research report on Monday, June 9th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $14.20.

NCR Voyix Price Performance

Shares of VYX stock opened at $12.5850 on Thursday. The stock has a 50 day moving average price of $12.91 and a 200 day moving average price of $11.20. NCR Voyix Corporation has a 52-week low of $7.55 and a 52-week high of $15.34. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.96 and a current ratio of 1.16. The firm has a market capitalization of $1.74 billion, a P/E ratio of 1.77 and a beta of 1.67.

NCR Voyix (NYSE:VYX) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.14 by $0.05. NCR Voyix had a negative return on equity of 2.84% and a net margin of 38.86%.The company had revenue of $666.00 million for the quarter, compared to the consensus estimate of $648.13 million. During the same quarter in the prior year, the company posted ($0.20) EPS. NCR Voyix’s quarterly revenue was down 7.8% on a year-over-year basis. NCR Voyix has set its FY 2025 guidance at 0.750-0.800 EPS. As a group, sell-side analysts predict that NCR Voyix Corporation will post -0.86 earnings per share 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.