Public Employees Retirement Association of Colorado Decreases Position in NCR Voyix Co. (NYSE:VYX)

Public Employees Retirement Association of Colorado reduced its stake in NCR Voyix Co. (NYSE:VYX) by 35.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,468 shares of the company’s stock after selling 8,929 shares during the period. Public Employees Retirement Association of Colorado’s holdings in NCR Voyix were worth $203,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VYX. Swiss National Bank acquired a new stake in shares of NCR Voyix in the 1st quarter valued at about $3,331,000. Empowered Funds LLC acquired a new position in shares of NCR Voyix in the 1st quarter valued at $6,415,000. Price T Rowe Associates Inc. MD purchased a new stake in NCR Voyix in the 1st quarter valued at $1,646,000. Gamco Investors INC. ET AL acquired a new stake in NCR Voyix during the 1st quarter worth $442,000. Finally, California State Teachers Retirement System purchased a new position in NCR Voyix during the 1st quarter worth $1,689,000. Institutional investors and hedge funds own 97.00% of the company’s stock.

Insider Buying and Selling

In other news, insider James G. Kelly acquired 14,800 shares of NCR Voyix stock in a transaction that occurred on Tuesday, August 27th. The stock was purchased at an average cost of $13.41 per share, with a total value of $198,468.00. Following the completion of the acquisition, the insider now owns 46,900 shares in the company, valued at approximately $628,929. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other NCR Voyix news, EVP Eric Schoch purchased 21,692 shares of the stock in a transaction dated Tuesday, August 13th. The shares were acquired at an average cost of $12.19 per share, for a total transaction of $264,425.48. Following the completion of the transaction, the executive vice president now directly owns 101,671 shares of the company’s stock, valued at $1,239,369.49. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, insider James G. Kelly bought 14,800 shares of NCR Voyix stock in a transaction that occurred on Tuesday, August 27th. The stock was bought at an average cost of $13.41 per share, for a total transaction of $198,468.00. Following the purchase, the insider now owns 46,900 shares in the company, valued at approximately $628,929. The disclosure for this purchase can be found here. Insiders have bought a total of 46,492 shares of company stock worth $577,993 in the last quarter. Company insiders own 0.61% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on VYX shares. Royal Bank of Canada decreased their target price on shares of NCR Voyix from $19.00 to $16.00 and set an “outperform” rating for the company in a research note on Wednesday, August 7th. Stifel Nicolaus initiated coverage on NCR Voyix in a research note on Wednesday, June 12th. They issued a “buy” rating and a $16.00 target price on the stock. DA Davidson cut their price target on NCR Voyix from $20.00 to $16.00 and set a “buy” rating for the company in a research note on Friday, August 9th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $20.00 price objective on shares of NCR Voyix in a research note on Wednesday, August 7th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.43.

NCR Voyix Trading Up 4.3 %

Shares of VYX stock opened at $13.72 on Monday. NCR Voyix Co. has a 1-year low of $10.87 and a 1-year high of $18.04. The company has a debt-to-equity ratio of 102.52, a current ratio of 0.85 and a quick ratio of 0.67. The business’s fifty day moving average price is $13.19 and its 200 day moving average price is $12.95. The firm has a market capitalization of $1.99 billion, a PE ratio of -4.08 and a beta of 1.63.

NCR Voyix (NYSE:VYX) last announced its quarterly earnings data on Tuesday, August 6th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.07). NCR Voyix had a negative net margin of 11.68% and a positive return on equity of 7.35%. The company had revenue of $876.00 million during the quarter, compared to analyst estimates of $886.60 million. During the same quarter last year, the business earned $0.73 EPS. The firm’s revenue for the quarter was down 7.4% on a year-over-year basis. As a group, sell-side analysts forecast that NCR Voyix Co. will post -1.44 EPS 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.