NCR Voyix Co. (NYSE:VYX) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC reduced its position in shares of NCR Voyix Co. (NYSE:VYX) by 3.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,864 shares of the company’s stock after selling 780 shares during the period. Mutual of America Capital Management LLC’s holdings in NCR Voyix were worth $297,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of VYX. Blue Trust Inc. raised its position in NCR Voyix by 72.0% in the second quarter. Blue Trust Inc. now owns 2,006 shares of the company’s stock valued at $25,000 after purchasing an additional 840 shares during the period. Mather Group LLC. acquired a new stake in shares of NCR Voyix during the second quarter worth about $41,000. Nisa Investment Advisors LLC grew its position in NCR Voyix by 61.4% during the 2nd quarter. Nisa Investment Advisors LLC now owns 5,003 shares of the company’s stock worth $62,000 after purchasing an additional 1,903 shares during the last quarter. Carolina Wealth Advisors LLC purchased a new stake in shares of NCR Voyix during the second quarter worth approximately $69,000. Finally, CWM LLC acquired a new position in shares of NCR Voyix during the second quarter worth about $80,000. 97.00% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms recently weighed in on VYX. The Goldman Sachs Group assumed coverage on NCR Voyix in a report on Monday, October 14th. They issued a “neutral” rating and a $14.00 price target on the stock. Needham & Company LLC reiterated a “buy” rating and issued a $20.00 target price on shares of NCR Voyix in a report on Monday, October 14th. DA Davidson lowered 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, Royal Bank of Canada dropped their price objective on NCR Voyix from $19.00 to $16.00 and set an “outperform” rating on the stock in a report on Wednesday, August 7th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, NCR Voyix presently has an average rating of “Moderate Buy” and a consensus target price of $16.43.

NCR Voyix Stock Performance

VYX stock opened at $14.49 on Friday. NCR Voyix Co. has a 1 year low of $10.87 and a 1 year high of $17.39. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.20. The stock has a market capitalization of $2.12 billion, a price-to-earnings ratio of 3.35 and a beta of 1.64. The stock’s fifty day moving average is $13.60 and its two-hundred day moving average is $13.32.

NCR Voyix (NYSE:VYX) last released 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). NCR Voyix had a net margin of 19.08% and a negative return on equity of 47.67%. The business had revenue of $711.00 million for the quarter, compared to analyst estimates of $692.58 million. During the same period in the prior year, the company earned $0.77 earnings per share. The firm’s revenue for the quarter was down 12.1% on a year-over-year basis. On average, research analysts predict that NCR Voyix Co. will post -1.86 EPS for the current 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.