Fund 1 Investments LLC Buys Shares of 1,000,996 NCR Voyix Corporation $VYX

Fund 1 Investments LLC acquired a new position in shares of NCR Voyix Corporation (NYSE:VYX) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,000,996 shares of the company’s stock, valued at approximately $11,742,000. NCR Voyix comprises approximately 0.9% of Fund 1 Investments LLC’s holdings, making the stock its 19th biggest position. Fund 1 Investments LLC owned 0.72% of NCR Voyix 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. Fuller & Thaler Asset Management Inc. grew its position in NCR Voyix by 25.6% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 7,331,556 shares of the company’s stock worth $71,483,000 after acquiring an additional 1,494,252 shares during the last quarter. Boston Partners boosted its stake in shares of NCR Voyix by 241.3% during the second quarter. Boston Partners now owns 4,997,388 shares of the company’s stock valued at $58,990,000 after purchasing an additional 3,533,101 shares in the last quarter. First Pacific Advisors LP grew its holdings in shares of NCR Voyix by 5.6% during the second quarter. First Pacific Advisors LP now owns 3,908,807 shares of the company’s stock worth $45,850,000 after purchasing an additional 206,416 shares during the last quarter. Brown Advisory Inc. increased its stake in shares of NCR Voyix by 6.3% in the second quarter. Brown Advisory Inc. now owns 3,805,718 shares of the company’s stock valued at $44,641,000 after buying an additional 226,869 shares during the period. Finally, Private Management Group Inc. raised its holdings in NCR Voyix by 18.2% in the 2nd quarter. Private Management Group Inc. now owns 3,231,395 shares of the company’s stock valued at $37,904,000 after buying an additional 496,435 shares during the last quarter. Institutional investors own 97.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on VYX. Oppenheimer raised their target price on NCR Voyix from $16.00 to $18.00 and gave the stock an “outperform” rating in a research report on Monday, September 29th. Zacks Research downgraded NCR Voyix from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 13th. UBS Group set a $18.00 price objective on NCR Voyix in a research note on Monday, September 29th. Needham & Company LLC reissued a “buy” rating and set a $15.00 target price on shares of NCR Voyix in a research report on Monday, September 29th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of NCR Voyix in a report on Monday. Five equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $15.57.

NCR Voyix Stock Down 0.7%

VYX opened at $10.09 on Friday. The firm has a market capitalization of $1.40 billion, a P/E ratio of -22.94 and a beta of 1.54. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.13 and a quick ratio of 0.94. The company’s 50-day moving average is $10.87 and its 200 day moving average is $12.08. NCR Voyix Corporation has a fifty-two week low of $7.55 and a fifty-two week high of $15.31.

NCR Voyix (NYSE:VYX) last posted its quarterly earnings data on Wednesday, April 13th. The company reported $0.59 earnings per share (EPS) for the quarter. The business had revenue of $1.63 billion during the quarter. NCR Voyix had a negative net margin of 2.15% and a positive return on equity of 5.08%. Research analysts expect that NCR Voyix Corporation will post -0.86 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.