Quantbot Technologies LP Acquires 98,647 Shares of NCR Voyix Co. (NYSE:VYX)

Quantbot Technologies LP increased its holdings in shares of NCR Voyix Co. (NYSE:VYX) by 240.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 139,754 shares of the company’s stock after purchasing an additional 98,647 shares during the quarter. Quantbot Technologies LP owned approximately 0.10% of NCR Voyix worth $1,896,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Blue Trust Inc. grew its holdings in shares of NCR Voyix by 72.0% in the 2nd quarter. Blue Trust Inc. now owns 2,006 shares of the company’s stock valued at $25,000 after acquiring an additional 840 shares in the last quarter. Louisiana State Employees Retirement System boosted its position in NCR Voyix by 1.4% during the third quarter. Louisiana State Employees Retirement System now owns 70,300 shares of the company’s stock valued at $954,000 after purchasing an additional 1,000 shares during the last quarter. Arizona State Retirement System increased its position in shares of NCR Voyix by 4.1% during the 2nd quarter. Arizona State Retirement System now owns 38,374 shares of the company’s stock worth $474,000 after purchasing an additional 1,509 shares during the last quarter. Inspire Investing LLC raised its stake in shares of NCR Voyix by 5.6% during the 3rd quarter. Inspire Investing LLC now owns 30,205 shares of the company’s stock worth $410,000 after purchasing an additional 1,606 shares in the last quarter. Finally, Truvestments Capital LLC acquired a new stake in shares of NCR Voyix in the 3rd quarter valued at approximately $25,000. Institutional investors own 97.00% of the company’s stock.

NCR Voyix Stock Up 1.0 %

Shares of VYX opened at $14.49 on Friday. The firm has a market cap of $2.12 billion, a P/E ratio of 3.35 and a beta of 1.64. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.20. NCR Voyix Co. has a 52 week low of $10.87 and a 52 week high of $17.39. The firm’s 50-day simple moving average is $13.60 and its 200 day simple moving average is $13.32.

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

Analysts Set New Price Targets

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

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.