Penserra Capital Management LLC Has $2.43 Million Stock Holdings in NCR Voyix Co. (NYSE:VYX)

Penserra Capital Management LLC increased its position in NCR Voyix Co. (NYSE:VYX) by 44.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 178,875 shares of the company’s stock after purchasing an additional 54,714 shares during the quarter. Penserra Capital Management LLC owned approximately 0.12% of NCR Voyix worth $2,427,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. acquired a new stake in shares of NCR Voyix during the 1st quarter worth approximately $216,302,000. Engaged Capital LLC boosted its stake in NCR Voyix by 7.7% in the second quarter. Engaged Capital LLC now owns 6,286,029 shares of the company’s stock valued at $77,632,000 after acquiring an additional 450,000 shares during the last quarter. Shapiro Capital Management LLC acquired a new stake in NCR Voyix during the 2nd quarter worth $75,914,000. Victory Capital Management Inc. lifted its stake in shares of NCR Voyix by 0.8% in the 3rd quarter. Victory Capital Management Inc. now owns 4,071,816 shares of the company’s stock valued at $55,255,000 after purchasing an additional 31,436 shares during the period. Finally, First Pacific Advisors LP lifted its stake in shares of NCR Voyix by 31.3% in the 2nd quarter. First Pacific Advisors LP now owns 3,455,892 shares of the company’s stock valued at $42,680,000 after purchasing an additional 824,008 shares during the period. 97.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently commented on VYX shares. DA Davidson dropped their price objective on NCR Voyix from $20.00 to $16.00 and set a “buy” rating for the company in a report on Friday, August 9th. Royal Bank of Canada lowered their price target on NCR Voyix from $19.00 to $16.00 and set an “outperform” rating for the company in a research note on Wednesday, August 7th. Needham & Company LLC reiterated a “buy” rating and issued a $20.00 price target on shares of NCR Voyix in a research report on Monday, October 14th. Finally, The Goldman Sachs Group initiated coverage on shares of NCR Voyix in a report on Monday, October 14th. They set a “neutral” rating and a $14.00 price objective for the company. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, NCR Voyix has an average rating of “Moderate Buy” and a consensus price target of $16.43.

NCR Voyix Trading Up 1.4 %

NYSE:VYX opened at $14.70 on Tuesday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.20 and a quick ratio of 1.06. The business’s 50-day simple moving average is $13.55 and its 200-day simple moving average is $13.28. NCR Voyix Co. has a fifty-two week low of $10.87 and a fifty-two week high of $17.39. The stock has a market capitalization of $2.15 billion, a PE ratio of 3.40 and a beta of 1.64.

NCR Voyix (NYSE:VYX) last announced its quarterly earnings results on Thursday, November 7th. The company reported ($0.24) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.23). NCR Voyix had a net margin of 19.08% and a negative return on equity of 47.67%. The company had revenue of $711.00 million during the quarter, compared to the consensus estimate of $692.58 million. During the same period in the previous year, the firm posted $0.77 EPS. The business’s quarterly revenue was down 12.1% compared to the same quarter last year. Sell-side analysts expect that NCR Voyix Co. will post -1.86 earnings per share for the current fiscal year.

NCR Voyix Company 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.