KLP Kapitalforvaltning AS Has $301,000 Stock Position in NCR Voyix Corporation $VYX

KLP Kapitalforvaltning AS reduced its holdings in NCR Voyix Corporation (NYSE:VYX) by 13.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,700 shares of the company’s stock after selling 4,100 shares during the period. KLP Kapitalforvaltning AS’s holdings in NCR Voyix were worth $301,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of VYX. Aristeia Capital L.L.C. acquired a new stake in NCR Voyix during the first quarter valued at $317,000. Spire Wealth Management boosted its position in NCR Voyix by 20.7% during the first quarter. Spire Wealth Management now owns 7,930 shares of the company’s stock valued at $77,000 after purchasing an additional 1,360 shares during the last quarter. Invesco Ltd. boosted its position in NCR Voyix by 14.0% during the first quarter. Invesco Ltd. now owns 1,313,909 shares of the company’s stock valued at $12,811,000 after purchasing an additional 161,771 shares during the last quarter. Hsbc Holdings PLC boosted its position in NCR Voyix by 17.8% during the first quarter. Hsbc Holdings PLC now owns 32,349 shares of the company’s stock valued at $314,000 after purchasing an additional 4,898 shares during the last quarter. Finally, Harbor Capital Advisors Inc. boosted its position in NCR Voyix by 9.7% during the second quarter. Harbor Capital Advisors Inc. now owns 933,939 shares of the company’s stock valued at $10,955,000 after purchasing an additional 82,447 shares during the last quarter. 97.00% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on VYX. Needham & Company LLC reaffirmed a “buy” rating and issued a $15.00 price target on shares of NCR Voyix in a research report on Monday, September 29th. Zacks Research raised NCR Voyix from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 7th. Oppenheimer boosted their price target on NCR Voyix from $16.00 to $18.00 and gave the stock an “outperform” rating in a research report on Monday, September 29th. UBS Group set a $18.00 price target on NCR Voyix in a research report on Monday, September 29th. Finally, Stifel Nicolaus boosted their price target on NCR Voyix from $13.00 to $15.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $15.57.

NCR Voyix Trading Down 0.0%

Shares of VYX opened at $11.26 on Monday. NCR Voyix Corporation has a 12-month low of $7.55 and a 12-month high of $15.34. The company has a quick ratio of 0.96, a current ratio of 1.16 and a debt-to-equity ratio of 1.27. The firm has a market capitalization of $1.56 billion, a price-to-earnings ratio of 1.58 and a beta of 1.71. The stock’s 50-day moving average price is $12.65 and its 200 day moving average price is $11.69.

NCR Voyix (NYSE:VYX) last issued its quarterly earnings results on Wednesday, April 13th. The company reported $0.59 earnings per share (EPS) for the quarter. NCR Voyix had a negative return on equity of 2.84% and a net margin of 38.86%.The firm had revenue of $1.63 billion for the quarter. As a group, research analysts predict that NCR Voyix Corporation will post -0.86 earnings per share 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.