Private Management Group Inc. Lowers Holdings in NCR Voyix Corporation $VYX

Private Management Group Inc. reduced its position in NCR Voyix Corporation (NYSE:VYX) by 14.1% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 2,775,577 shares of the company’s stock after selling 455,818 shares during the quarter. NCR Voyix comprises about 1.0% of Private Management Group Inc.’s holdings, making the stock its 29th largest position. Private Management Group Inc. owned approximately 2.00% of NCR Voyix worth $34,833,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in VYX. Boston Partners boosted its holdings in shares of NCR Voyix by 16.0% in the third quarter. Boston Partners now owns 5,796,446 shares of the company’s stock valued at $72,650,000 after acquiring an additional 799,058 shares in the last quarter. Contrarian Capital Management L.L.C. increased its stake in shares of NCR Voyix by 2.1% during the third quarter. Contrarian Capital Management L.L.C. now owns 48,000 shares of the company’s stock worth $602,000 after acquiring an additional 1,000 shares during the period. BNP Paribas Financial Markets raised its holdings in NCR Voyix by 32.3% during the third quarter. BNP Paribas Financial Markets now owns 45,338 shares of the company’s stock worth $569,000 after purchasing an additional 11,066 shares in the last quarter. Magnetar Financial LLC purchased a new position in NCR Voyix during the third quarter worth about $264,000. Finally, FourThought Financial Partners LLC acquired a new stake in NCR Voyix in the third quarter valued at about $130,000. Institutional investors and hedge funds own 97.00% of the company’s stock.

NCR Voyix Trading Down 3.4%

Shares of VYX opened at $6.48 on Friday. NCR Voyix Corporation has a twelve month low of $6.45 and a twelve month high of $14.67. The company has a current ratio of 1.04, a quick ratio of 0.83 and a debt-to-equity ratio of 1.16. The firm has a market capitalization of $901.07 million, a P/E ratio of 22.35 and a beta of 1.48. The firm’s 50-day moving average is $9.40 and its two-hundred day moving average is $10.72.

NCR Voyix (NYSE:VYX) last posted its quarterly earnings results on Thursday, February 26th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.02. The company had revenue of $720.00 million during the quarter, compared to the consensus estimate of $690.52 million. NCR Voyix had a net margin of 1.71% and a return on equity of 10.97%. The company’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same period last year, the firm earned $0.22 EPS. NCR Voyix has set its FY 2026 guidance at 0.930-0.960 EPS. On average, research analysts predict that NCR Voyix Corporation will post -0.86 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Weiss Ratings reiterated a “sell (d)” rating on shares of NCR Voyix in a research report on Monday, December 29th. DA Davidson reduced their price target on NCR Voyix from $17.00 to $14.00 and set a “buy” rating for the company in a report on Thursday, March 5th. Needham & Company LLC decreased their price target on NCR Voyix from $15.00 to $12.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. The Goldman Sachs Group dropped their price objective on NCR Voyix from $13.00 to $11.50 and set a “neutral” rating on the stock in a report on Tuesday, January 13th. Finally, Stifel Nicolaus set a $12.00 price objective on NCR Voyix in a research report on Thursday, February 26th. Six research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $14.19.

NCR Voyix Company Profile

NCR Voyix is a technology company formed through the spin-off of NCR Corporation’s financial and digital commerce business. The company designs, manufactures and supports self-service solutions for banking and retail environments, with core offerings that include ATMs, kiosks, point-of-sale terminals and payment software. By blending hardware, cloud-based applications and managed services, NCR Voyix aims to help financial institutions and merchants modernize customer experiences and streamline transaction processing.

Building on more than a century of heritage under the NCR name, NCR Voyix leverages decades of engineering expertise and innovation in transaction automation.