Yousif Capital Management LLC Decreases Position in NCR Voyix Corporation $VYX

Yousif Capital Management LLC cut its stake in NCR Voyix Corporation (NYSE:VYX) by 5.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,405 shares of the company’s stock after selling 2,712 shares during the quarter. Yousif Capital Management LLC’s holdings in NCR Voyix were worth $603,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VYX. Caitong International Asset Management Co. Ltd lifted its stake in NCR Voyix by 375.7% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 6,650 shares of the company’s stock valued at $65,000 after buying an additional 5,252 shares in the last quarter. GAMMA Investing LLC lifted its stake in NCR Voyix by 299.9% in the 2nd quarter. GAMMA Investing LLC now owns 5,774 shares of the company’s stock valued at $68,000 after buying an additional 4,330 shares in the last quarter. Spire Wealth Management lifted its stake in 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 purchasing an additional 1,360 shares in the last quarter. AlphaQuest LLC purchased a new position in NCR Voyix in the 1st quarter worth approximately $99,000. Finally, Eisler Capital Management Ltd. purchased a new position in NCR Voyix in the 1st quarter worth approximately $129,000. 97.00% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on VYX shares. Oppenheimer raised their target price on shares of NCR Voyix from $16.00 to $18.00 and gave the stock an “outperform” rating in a research note on Monday, September 29th. Zacks Research raised shares of NCR Voyix from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 7th. Stifel Nicolaus raised their target price on shares of NCR Voyix from $13.00 to $15.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Needham & Company LLC reissued a “buy” rating and issued a $15.00 target price on shares of NCR Voyix in a research note on Monday, September 29th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of NCR Voyix in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, NCR Voyix currently has a consensus rating of “Moderate Buy” and an average target price of $15.57.

NCR Voyix Stock Down 0.7%

Shares of NYSE VYX opened at $11.40 on Thursday. NCR Voyix Corporation has a 1 year low of $7.55 and a 1 year high of $15.34. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.16 and a quick ratio of 0.96. The company has a 50 day simple moving average of $12.59 and a 200-day simple moving average of $11.70. The company has a market capitalization of $1.58 billion, a P/E ratio of 1.60 and a beta of 1.71.

NCR Voyix (NYSE:VYX) last announced its earnings results on Wednesday, April 13th. The company reported $0.59 earnings per share (EPS) for the quarter. NCR Voyix had a negative return on equity of 2.84% and a net margin of 38.86%.The company had revenue of $1.63 billion for the quarter. On average, equities research 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.