Teza Capital Management LLC Invests $2.04 Million in NCR Voyix Co. (NYSE:VYX)

Teza Capital Management LLC bought a new position in NCR Voyix Co. (NYSE:VYX) during the fourth quarter, Holdings Channel reports. The fund bought 147,427 shares of the company’s stock, valued at approximately $2,040,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Smartleaf Asset Management LLC increased its stake in NCR Voyix by 175.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,232 shares of the company’s stock valued at $31,000 after purchasing an additional 1,423 shares in the last quarter. KBC Group NV increased its stake in NCR Voyix by 55.1% during the 4th quarter. KBC Group NV now owns 7,148 shares of the company’s stock valued at $99,000 after purchasing an additional 2,540 shares in the last quarter. Xponance Inc. bought a new stake in NCR Voyix during the 4th quarter valued at about $146,000. Cibc World Markets Corp bought a new stake in NCR Voyix during the 4th quarter valued at about $188,000. Finally, Magnetar Financial LLC bought a new stake in NCR Voyix during the 4th quarter valued at about $189,000. 97.00% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other NCR Voyix news, Director Laura Sen purchased 22,550 shares of NCR Voyix stock in a transaction that occurred on Tuesday, May 13th. The shares were bought at an average price of $11.04 per share, for a total transaction of $248,952.00. Following the completion of the transaction, the director now owns 52,203 shares of the company’s stock, valued at approximately $576,321.12. This trade represents a 76.05% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.61% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of brokerages have recently issued reports on VYX. Needham & Company LLC dropped their price target on shares of NCR Voyix from $15.00 to $13.00 and set a “buy” rating on the stock in a report on Friday, May 9th. Royal Bank of Canada reiterated an “outperform” rating and issued a $17.00 price objective on shares of NCR Voyix in a research note on Tuesday, March 25th. Finally, The Goldman Sachs Group raised their target price on shares of NCR Voyix from $8.50 to $11.00 and gave the stock a “neutral” rating in a research note on Friday, May 9th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, NCR Voyix has an average rating of “Moderate Buy” and an average target price of $14.60.

NCR Voyix Trading Up 0.1%

NCR Voyix stock opened at $10.90 on Friday. The stock has a market cap of $1.50 billion, a P/E ratio of 2.52 and a beta of 1.52. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.20 and a quick ratio of 1.06. NCR Voyix Co. has a 1 year low of $7.55 and a 1 year high of $15.34. The firm’s 50 day moving average price is $9.24 and its 200-day moving average price is $11.84.

NCR Voyix (NYSE:VYX) last released its quarterly earnings data on Thursday, May 8th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.07. NCR Voyix had a net margin of 19.08% and a negative return on equity of 47.67%. The firm had revenue of $617.00 million for the quarter, compared to analysts’ expectations of $608.67 million. During the same quarter last year, the business posted $0.13 earnings per share. The company’s revenue for the quarter was down 13.1% compared to the same quarter last year. On average, equities analysts predict that NCR Voyix Co. will post -0.86 earnings per share for the current fiscal year.

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.