NCR Voyix Corporation $VYX Shares Sold by Penserra Capital Management LLC

Penserra Capital Management LLC lessened its stake in NCR Voyix Corporation (NYSE:VYX) by 12.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 158,225 shares of the company’s stock after selling 22,889 shares during the quarter. Penserra Capital Management LLC’s holdings in NCR Voyix were worth $1,855,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. State of Alaska Department of Revenue grew its stake in NCR Voyix by 1.4% in the second quarter. State of Alaska Department of Revenue now owns 81,997 shares of the company’s stock worth $961,000 after purchasing an additional 1,117 shares in the last quarter. Cetera Trust Company N.A grew its position in shares of NCR Voyix by 19.9% in the 2nd quarter. Cetera Trust Company N.A now owns 17,205 shares of the company’s stock worth $202,000 after acquiring an additional 2,850 shares in the last quarter. Graypoint LLC increased its holdings in shares of NCR Voyix by 14.9% in the 1st quarter. Graypoint LLC now owns 24,816 shares of the company’s stock valued at $242,000 after acquiring an additional 3,209 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of NCR Voyix by 5.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 86,956 shares of the company’s stock valued at $848,000 after acquiring an additional 4,181 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in shares of NCR Voyix by 299.9% during the 2nd quarter. GAMMA Investing LLC now owns 5,774 shares of the company’s stock valued at $68,000 after acquiring an additional 4,330 shares in the last quarter. Institutional investors own 97.00% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on VYX. Oppenheimer lifted their price objective on shares of NCR Voyix from $16.00 to $18.00 and gave the stock an “outperform” rating in a report on Monday, September 29th. Stifel Nicolaus lifted their price target on shares of NCR Voyix from $13.00 to $15.00 and gave the company a “buy” rating in a report on Friday, August 8th. UBS Group set a $18.00 price objective on shares of NCR Voyix in a research report on Monday, September 29th. Zacks Research raised shares of NCR Voyix from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 7th. Finally, Needham & Company LLC restated a “buy” rating and issued a $15.00 target price on shares of NCR Voyix in a research note on Monday, September 29th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $15.57.

NCR Voyix Stock Up 4.2%

VYX stock opened at $11.37 on Tuesday. The stock has a market cap of $1.57 billion, a PE ratio of 1.59 and a beta of 1.70. The firm’s 50-day simple moving average is $12.16 and its 200 day simple moving average is $12.07. NCR Voyix Corporation has a fifty-two week low of $7.55 and a fifty-two week high of $15.34. The company has a quick ratio of 0.96, a current ratio of 1.16 and a debt-to-equity ratio of 1.27.

NCR Voyix (NYSE:VYX) last posted its earnings results on Wednesday, April 13th. The company reported $0.59 earnings per share (EPS) for the quarter. NCR Voyix had a net margin of 38.86% and a negative return on equity of 2.84%. The firm had revenue of $1.63 billion during the quarter. As a group, sell-side analysts predict that NCR Voyix Corporation will post -0.86 EPS 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.