Clear Harbor Asset Management LLC Sells 1,100 Shares of NCR Voyix Co. (NYSE:VYX)

Clear Harbor Asset Management LLC reduced its holdings in NCR Voyix Co. (NYSE:VYX) by 4.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,900 shares of the company’s stock after selling 1,100 shares during the quarter. Clear Harbor Asset Management LLC’s holdings in NCR Voyix were worth $303,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Truvestments Capital LLC bought a new stake in NCR Voyix during the 3rd quarter worth approximately $25,000. MBB Public Markets I LLC bought a new stake in shares of NCR Voyix during the second quarter worth $134,000. W.G. Shaheen & Associates DBA Whitney & Co bought a new stake in NCR Voyix in the 3rd quarter valued at $136,000. Algert Global LLC acquired a new position in NCR Voyix in the 2nd quarter worth $170,000. Finally, Trajan Wealth LLC increased its holdings in NCR Voyix by 25.6% during the 3rd quarter. Trajan Wealth LLC now owns 14,046 shares of the company’s stock worth $191,000 after purchasing an additional 2,863 shares in the last quarter. Institutional investors and hedge funds own 97.00% of the company’s stock.

NCR Voyix Stock Down 2.9 %

VYX stock opened at $12.59 on Thursday. The company has a market cap of $1.84 billion, a price-to-earnings ratio of 2.91 and a beta of 1.63. NCR Voyix Co. has a twelve month low of $10.87 and a twelve month high of $15.98. The business has a 50 day moving average price of $14.03 and a two-hundred day moving average price of $13.62. The company has a quick ratio of 1.06, a current ratio of 1.20 and a debt-to-equity ratio of 1.09.

NCR Voyix (NYSE:VYX) last issued its earnings results on Thursday, November 7th. The company reported ($0.24) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.23). The firm had revenue of $711.00 million for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.77 earnings per share. Analysts anticipate that NCR Voyix Co. will post -0.66 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on VYX. The Goldman Sachs Group initiated coverage on NCR Voyix in a research report on Monday, October 14th. They set a “neutral” rating and a $14.00 price objective for the company. 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 research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average 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.