Harbor Capital Advisors Inc. Has $14.12 Million Holdings in NCR Voyix Co. (NYSE:VYX)

Harbor Capital Advisors Inc. raised its stake in shares of NCR Voyix Co. (NYSE:VYX) by 3.5% during the 4th quarter, Holdings Channel.com reports. The fund owned 1,020,401 shares of the company’s stock after acquiring an additional 34,547 shares during the period. NCR Voyix accounts for about 0.6% of Harbor Capital Advisors Inc.’s portfolio, making the stock its 24th biggest position. Harbor Capital Advisors Inc.’s holdings in NCR Voyix were worth $14,122,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VYX. Truvestments Capital LLC purchased a new position in NCR Voyix during the third quarter valued at approximately $25,000. W.G. Shaheen & Associates DBA Whitney & Co bought a new position in shares of NCR Voyix in the third quarter worth approximately $136,000. MBB Public Markets I LLC bought a new position in shares of NCR Voyix in the second quarter worth approximately $134,000. Oppenheimer Asset Management Inc. bought a new stake in NCR Voyix during the second quarter valued at approximately $137,000. Finally, Qsemble Capital Management LP purchased a new position in NCR Voyix in the 2nd quarter worth approximately $162,000. 97.00% of the stock is currently owned by hedge funds and other institutional investors.

NCR Voyix Trading Down 7.3 %

NCR Voyix stock traded down $1.00 during mid-day trading on Friday, hitting $12.79. The company’s stock had a trading volume of 499,965 shares, compared to its average volume of 1,032,210. The business has a 50 day moving average price of $14.17 and a 200-day moving average price of $13.59. NCR Voyix Co. has a 12 month low of $10.87 and a 12 month high of $16.16. The stock has a market cap of $1.87 billion, a price-to-earnings ratio of 2.96 and a beta of 1.63. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.20 and a quick ratio of 1.06.

NCR Voyix (NYSE:VYX) last posted its quarterly earnings results on Thursday, November 7th. The company reported ($0.24) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.23). NCR Voyix had a net margin of 19.08% and a negative return on equity of 47.67%. The firm had revenue of $711.00 million for the quarter, compared to the consensus estimate of $692.58 million. During the same quarter in the prior year, the company earned $0.77 earnings per share. The company’s quarterly revenue was down 12.1% compared to the same quarter last year. As a group, analysts forecast that NCR Voyix Co. will post -0.66 EPS for the current year.

Analyst Upgrades and Downgrades

VYX has been the topic of several research reports. The Goldman Sachs Group started coverage on shares of NCR Voyix in a research report on Monday, October 14th. They set a “neutral” rating and a $14.00 price objective on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $20.00 price target on shares of NCR Voyix in a research note on Monday, October 14th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $16.43.

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.