Allianz Asset Management GmbH Invests $3.05 Million in NCR Voyix Corporation $VYX

Allianz Asset Management GmbH purchased a new stake in NCR Voyix Corporation (NYSE:VYX) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 243,025 shares of the company’s stock, valued at approximately $3,050,000. Allianz Asset Management GmbH owned approximately 0.18% of NCR Voyix as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of VYX. Royal Bank of Canada lifted its position in shares of NCR Voyix by 130.9% during the 1st quarter. Royal Bank of Canada now owns 51,798 shares of the company’s stock worth $505,000 after buying an additional 29,366 shares in the last quarter. AQR Capital Management LLC lifted its holdings in NCR Voyix by 56.5% during the first quarter. AQR Capital Management LLC now owns 60,111 shares of the company’s stock valued at $586,000 after purchasing an additional 21,698 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in NCR Voyix by 5.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 86,956 shares of the company’s stock worth $848,000 after purchasing an additional 4,181 shares during the period. Goldman Sachs Group Inc. grew its stake in NCR Voyix by 27.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,672,423 shares of the company’s stock valued at $16,306,000 after buying an additional 362,834 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of NCR Voyix by 13.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 408,773 shares of the company’s stock valued at $3,986,000 after purchasing an additional 49,642 shares in the last quarter. 97.00% of the stock is owned by hedge funds and other institutional investors.

NCR Voyix Stock Performance

Shares of VYX stock opened at $9.51 on Thursday. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.94 and a current ratio of 1.13. NCR Voyix Corporation has a fifty-two week low of $7.55 and a fifty-two week high of $14.67. The stock has a 50 day moving average price of $10.21 and a two-hundred day moving average price of $11.42. The company has a market capitalization of $1.32 billion, a P/E ratio of -21.60 and a beta of 1.45.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. The Goldman Sachs Group reduced their price objective on shares of NCR Voyix from $13.00 to $11.50 and set a “neutral” rating for the company in a research note on Tuesday, January 13th. Zacks Research downgraded shares of NCR Voyix from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 13th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of NCR Voyix in a report on Monday, December 29th. Five research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, NCR Voyix currently has a consensus rating of “Moderate Buy” and a consensus price target of $15.64.

About NCR Voyix

NCR Voyix is a technology company formed through the spin-off of NCR Corporation’s financial and digital commerce business. The company designs, manufactures and supports self-service solutions for banking and retail environments, with core offerings that include ATMs, kiosks, point-of-sale terminals and payment software. By blending hardware, cloud-based applications and managed services, NCR Voyix aims to help financial institutions and merchants modernize customer experiences and streamline transaction processing.

Building on more than a century of heritage under the NCR name, NCR Voyix leverages decades of engineering expertise and innovation in transaction automation.