Russell Investments Group Ltd. Trims Position in NCR Voyix Corporation $VYX

Russell Investments Group Ltd. cut its holdings in shares of NCR Voyix Corporation (NYSE:VYX) by 10.3% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 450,264 shares of the company’s stock after selling 51,768 shares during the period. Russell Investments Group Ltd. owned 0.32% of NCR Voyix worth $4,391,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Mariner LLC increased its stake in shares of NCR Voyix by 6.6% during the fourth quarter. Mariner LLC now owns 14,022 shares of the company’s stock valued at $194,000 after buying an additional 872 shares during the period. Spire Wealth Management increased its stake in shares of NCR Voyix by 20.7% during the first quarter. Spire Wealth Management now owns 7,930 shares of the company’s stock valued at $77,000 after buying an additional 1,360 shares during the period. Bank of Montreal Can increased its stake in shares of NCR Voyix by 8.2% during the fourth quarter. Bank of Montreal Can now owns 19,703 shares of the company’s stock valued at $273,000 after buying an additional 1,489 shares during the period. Price T Rowe Associates Inc. MD increased its stake in shares of NCR Voyix by 2.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 98,471 shares of the company’s stock valued at $1,363,000 after buying an additional 2,272 shares during the period. Finally, Bfsg LLC increased its stake in shares of NCR Voyix by 12.0% during the first 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. 97.00% of the stock is owned by hedge funds and other institutional investors.

NCR Voyix Trading Up 7.1%

NCR Voyix stock opened at $13.7150 on Friday. The company has a current ratio of 1.16, a quick ratio of 0.96 and a debt-to-equity ratio of 1.27. The business’s fifty day simple moving average is $12.98 and its two-hundred day simple moving average is $11.22. NCR Voyix Corporation has a 12 month low of $7.55 and a 12 month high of $15.34. The company has a market capitalization of $1.90 billion, a price-to-earnings ratio of 1.92 and a beta of 1.67.

NCR Voyix (NYSE:VYX) last released its earnings results on Thursday, August 7th. The company reported $0.19 EPS for the quarter, topping 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 business had revenue of $666.00 million for the quarter, compared to the consensus estimate of $648.13 million. During the same period in the previous year, the company posted ($0.20) earnings per share. The company’s revenue for the quarter was down 7.8% compared to the same quarter last year. NCR Voyix has set its FY 2025 guidance at 0.750-0.800 EPS. As a group, equities analysts predict that NCR Voyix Corporation will post -0.86 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Stephens lifted their price target on NCR Voyix from $12.00 to $15.00 and gave the company an “overweight” rating in a research report on Monday, June 9th. 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. Stifel Nicolaus lifted their price target 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, The Goldman Sachs Group lifted their price target on NCR Voyix from $8.50 to $11.00 and gave the company a “neutral” rating in a research report on Friday, May 9th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $14.20.

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.