Invesco Ltd. Purchases 161,771 Shares of NCR Voyix Corporation $VYX

Invesco Ltd. increased its position in shares of NCR Voyix Corporation (NYSE:VYX) by 14.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,313,909 shares of the company’s stock after purchasing an additional 161,771 shares during the period. Invesco Ltd. owned about 0.94% of NCR Voyix worth $12,811,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Spire Wealth Management increased its position 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 purchasing an additional 1,360 shares during the period. Bank of America Corp DE increased its position in shares of NCR Voyix by 79.5% during the fourth quarter. Bank of America Corp DE now owns 665,831 shares of the company’s stock valued at $9,215,000 after purchasing an additional 294,994 shares during the period. Principal Financial Group Inc. increased its position in shares of NCR Voyix by 2.3% during the first quarter. Principal Financial Group Inc. now owns 728,597 shares of the company’s stock valued at $7,104,000 after purchasing an additional 16,569 shares during the period. SG Americas Securities LLC increased its position in shares of NCR Voyix by 927.4% during the first quarter. SG Americas Securities LLC now owns 95,314 shares of the company’s stock valued at $929,000 after purchasing an additional 86,037 shares during the period. Finally, GAMMA Investing LLC increased its position in shares of NCR Voyix by 439.4% during the first quarter. GAMMA Investing LLC now owns 14,079 shares of the company’s stock valued at $1,444,000 after purchasing an additional 11,469 shares during the period. 97.00% of the stock is currently owned by institutional investors.

NCR Voyix Price Performance

NCR Voyix stock opened at $13.7150 on Friday. 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 cap of $1.90 billion, a P/E ratio of 1.92 and a beta of 1.67. The business’s fifty day moving average is $12.98 and its two-hundred day moving average is $11.21. NCR Voyix Corporation has a 52 week low of $7.55 and a 52 week high of $15.34.

NCR Voyix (NYSE:VYX) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.05. The company had revenue of $666.00 million for the quarter, compared to analyst estimates of $648.13 million. NCR Voyix had a negative return on equity of 2.84% and a net margin of 38.86%.The business’s revenue was down 7.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.20) earnings per share. NCR Voyix has set its FY 2025 guidance at 0.750-0.800 EPS. Equities research analysts forecast that NCR Voyix Corporation will post -0.86 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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

About NCR Voyix

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.