Private Management Group Inc. boosted its position in NCR Voyix Co. (NYSE:VYX - Free Report) by 37.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,316,872 shares of the company's stock after purchasing an additional 635,062 shares during the period. NCR Voyix comprises 1.1% of Private Management Group Inc.'s portfolio, making the stock its 28th biggest holding. Private Management Group Inc. owned about 1.59% of NCR Voyix worth $31,440,000 at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of the stock. Blue Trust Inc. boosted its stake in NCR Voyix by 72.0% during the second quarter. Blue Trust Inc. now owns 2,006 shares of the company's stock worth $25,000 after buying an additional 840 shares during the period. Mather Group LLC. acquired a new position in shares of NCR Voyix in the second quarter valued at about $41,000. Bessemer Group Inc. purchased a new stake in NCR Voyix in the first quarter valued at $43,000. Nisa Investment Advisors LLC raised its position in shares of NCR Voyix by 61.4% in the second quarter. Nisa Investment Advisors LLC now owns 5,003 shares of the company's stock worth $62,000 after acquiring an additional 1,903 shares during the period. Finally, Carolina Wealth Advisors LLC acquired a new stake in NCR Voyix in the 2nd quarter valued at $69,000. 97.00% of the stock is owned by institutional investors.
In related news, insider James G. Kelly purchased 14,800 shares of NCR Voyix stock in a transaction that occurred on Tuesday, August 27th. The shares were acquired at an average price of $13.41 per share, with a total value of $198,468.00. Following the completion of the transaction, the insider now directly owns 46,900 shares of the company's stock, valued at $628,929. This represents a 0.00 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, EVP Eric Schoch bought 21,692 shares of the business's stock in a transaction on Tuesday, August 13th. The stock was acquired at an average price of $12.19 per share, for a total transaction of $264,425.48. Following the purchase, the executive vice president now directly owns 101,671 shares in the company, valued at $1,239,369.49. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider James G. Kelly bought 14,800 shares of the company's stock in a transaction that occurred on Tuesday, August 27th. The stock was purchased at an average price of $13.41 per share, with a total value of $198,468.00. Following the transaction, the insider now directly owns 46,900 shares in the company, valued at $628,929. The trade was a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders acquired 46,492 shares of company stock worth $577,993. Company insiders own 0.61% of the company's stock.
Several research analysts recently weighed in on the company. Needham & Company LLC reiterated a "buy" rating and issued a $20.00 price objective on shares of NCR Voyix in a research report on Monday, October 14th. DA Davidson lowered their target price on shares of NCR Voyix from $20.00 to $16.00 and set a "buy" rating on the stock in a report on Friday, August 9th. Royal Bank of Canada decreased their price objective on shares of NCR Voyix from $19.00 to $16.00 and set an "outperform" rating on the stock in a research report on Wednesday, August 7th. Finally, The Goldman Sachs Group assumed coverage on shares of NCR Voyix in a research note on Monday, October 14th. They issued a "neutral" rating and a $14.00 target price for the company. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat.com, NCR Voyix presently has an average rating of "Moderate Buy" and an average target price of $16.43.
Check Out Our Latest Analysis on VYX
Shares of NYSE VYX traded down $0.03 during trading hours on Friday, hitting $12.78. 893,097 shares of the company's stock were exchanged, compared to its average volume of 2,115,015. The stock has a market capitalization of $1.86 billion, a price-to-earnings ratio of -3.20 and a beta of 1.63. NCR Voyix Co. has a 1-year low of $10.87 and a 1-year high of $17.39. The company's 50-day moving average price is $13.21 and its 200-day moving average price is $13.07.
NCR Voyix (NYSE:VYX - Get Free Report) last issued its quarterly earnings results on Tuesday, August 6th. The company reported $0.09 earnings per share for the quarter, missing analysts' consensus estimates of $0.16 by ($0.07). The company had revenue of $876.00 million during the quarter, compared to analyst estimates of $886.60 million. NCR Voyix had a negative net margin of 11.68% and a positive return on equity of 7.35%. The business's revenue for the quarter was down 7.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.73 EPS. On average, research analysts expect that NCR Voyix Co. will post -1.52 earnings per share for the current year.
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.
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