Qsemble Capital Management LP Has $282,000 Stake in NCR Voyix Co. (NYSE:VYX)

Qsemble Capital Management LP increased its stake in shares of NCR Voyix Co. (NYSE:VYX) by 58.2% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 20,760 shares of the company’s stock after acquiring an additional 7,641 shares during the period. Qsemble Capital Management LP’s holdings in NCR Voyix were worth $282,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Blue Trust Inc. grew its holdings in NCR Voyix by 72.0% in the 2nd quarter. Blue Trust Inc. now owns 2,006 shares of the company’s stock valued at $25,000 after buying an additional 840 shares during the last quarter. Truvestments Capital LLC acquired a new stake in NCR Voyix in the 3rd quarter valued at approximately $25,000. Mather Group LLC. acquired a new stake in NCR Voyix in the 2nd quarter valued at approximately $41,000. Nisa Investment Advisors LLC grew its holdings in NCR Voyix by 61.4% in the 2nd quarter. Nisa Investment Advisors LLC now owns 5,003 shares of the company’s stock valued at $62,000 after buying an additional 1,903 shares during the last quarter. Finally, Carolina Wealth Advisors LLC acquired a new stake in NCR Voyix in the 2nd quarter valued at approximately $69,000. Institutional investors and hedge funds own 97.00% of the company’s stock.

NCR Voyix Price Performance

NCR Voyix stock opened at $14.48 on Thursday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.20 and a quick ratio of 1.06. The company has a market capitalization of $2.11 billion, a PE ratio of 3.32 and a beta of 1.64. NCR Voyix Co. has a one year low of $10.87 and a one year high of $17.39. The business has a 50 day simple moving average of $13.59 and a 200 day simple moving average of $13.31.

NCR Voyix (NYSE:VYX) last posted 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). The company had revenue of $711.00 million for the quarter, compared to the consensus estimate of $692.58 million. NCR Voyix had a negative return on equity of 47.67% and a net margin of 19.08%. NCR Voyix’s quarterly revenue was down 12.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.77 EPS. On average, sell-side analysts forecast that NCR Voyix Co. will post -1.86 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have issued reports on the company. DA Davidson lowered their target price on NCR Voyix from $20.00 to $16.00 and set a “buy” rating on the stock in a report on Friday, August 9th. 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. Royal Bank of Canada reduced their price objective on NCR Voyix from $19.00 to $16.00 and set an “outperform” rating for the company in a research report on Wednesday, August 7th. Finally, The Goldman Sachs Group started coverage on NCR Voyix in a research report on Monday, October 14th. They issued a “neutral” rating and a $14.00 price objective for the company. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $16.43.

NCR Voyix 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.