Boston Partners Makes New Investment in NCR Voyix Co. (NYSE:VYX)

Boston Partners bought a new position in shares of NCR Voyix Co. (NYSE:VYX) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,146,463 shares of the company’s stock, valued at approximately $14,388,000. Boston Partners owned about 0.79% of NCR Voyix as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in VYX. Fifth Third Bancorp bought a new position in NCR Voyix during the 1st quarter worth $43,000. Bessemer Group Inc. bought a new position in NCR Voyix during the first quarter worth about $43,000. SYSTM Wealth Solutions LLC bought a new stake in NCR Voyix in the 1st quarter valued at about $46,000. Hanson & Doremus Investment Management bought a new position in shares of NCR Voyix during the first quarter worth approximately $84,000. Finally, American International Group Inc. acquired a new stake in shares of NCR Voyix in the first quarter valued at approximately $92,000. Institutional investors own 97.00% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Needham & Company LLC restated a “buy” rating and issued a $20.00 price target on shares of NCR Voyix in a research report on Friday, May 10th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $23.00 price target on shares of NCR Voyix in a report on Friday, April 5th. Stifel Nicolaus began coverage on shares of NCR Voyix in a research report on Wednesday, June 12th. They set a “buy” rating and a $16.00 price objective for the company. Finally, Stephens reaffirmed an “overweight” rating and issued a $16.00 target price on shares of NCR Voyix in a report on Monday, May 13th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $18.00.

NCR Voyix Price Performance

Shares of VYX traded down $0.74 during trading hours on Friday, reaching $13.47. The stock had a trading volume of 2,315,801 shares, compared to its average volume of 1,740,716. The company has a quick ratio of 0.73, a current ratio of 0.93 and a debt-to-equity ratio of 102.52. NCR Voyix Co. has a 12 month low of $10.99 and a 12 month high of $19.01. The company’s 50-day moving average is $13.43 and its two-hundred day moving average is $13.43.

NCR Voyix (NYSE:VYX) last announced its quarterly earnings results on Thursday, May 9th. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01). NCR Voyix had a negative net margin of 7.88% and a positive return on equity of 27.60%. The firm had revenue of $862.00 million for the quarter, compared to analyst estimates of $856.00 million. As a group, analysts forecast that NCR Voyix Co. will post -0.33 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.