Crescent Grove Advisors LLC Reduces Holdings in NCR Voyix Co. (NYSE:VYX)

Crescent Grove Advisors LLC has slightly reduced its stake in NCR Voyix Co. (NYSE:VYX) by 4.9% during the fourth quarter, as indicated in its latest 13F filing with the Securities and Exchange Commission. Following the sale of 30,066 shares in this period, the fund now holds a total of 585,675 shares of NCR Voyix. The current value of these shares is estimated to be around $8,106,000, which represents nearly 0.40% of the company.

In addition to Crescent Grove Advisors, several other institutional investors have made adjustments to their holdings in NCR Voyix. For example, Harbor Capital Advisors Inc. increased its position by 3.5%, now owning 1,020,401 shares valued at approximately $14,122,000 after acquiring an additional 34,547 shares. Similarly, Principal Financial Group Inc. raised its stake by 0.5% in the third quarter, giving it a total of 688,476 shares worth about $9,343,000, following a purchase of 3,269 shares.

Franklin Resources Inc. saw a 6.1% growth in its holdings, bringing its total to 903,293 shares valued at $11,942,000 after buying an extra 51,779 shares in the recent quarter. Geode Capital Management LLC increased its investment by 2.7%, now owning 3,266,734 shares valued at $44,338,000 after purchasing 86,709 shares.

Barclays PLC also made significant changes, lifting its stake by 149.5% and now holding 668,816 shares worth $9,075,000 after acquiring an additional 400,734 shares. Notably, hedge funds and other institutional investors collectively own 97.00% of NCR Voyix.

NCR Voyix Stock Performance

NCR Voyix shares opened at $12.63 on the trading day. The company holds a market capitalization of $1.84 billion, a price-to-earnings ratio of 2.92, and a beta value of 1.63. Over the past year, the company has seen a low of $10.87 and a high of $15.98. Key financial ratios include a current ratio of 1.20, a quick ratio of 1.06, and a debt-to-equity ratio of 1.09. The 50-day simple moving average is $13.96, and the 200-day average stands at $13.60.

NCR Voyix most recently reported its earnings on November 7, posting a loss of ($0.24) earnings per share, which was below analysts' consensus estimate of ($0.01) by a margin of ($0.23). The company recorded revenues of $711.00 million for the quarter, surpassing expectations of $692.58 million, although this represented a 12.1% decrease compared to the same quarter last year. Analysts expect NCR Voyix to report earnings per share of -$0.66 for the current fiscal year.

Analyst Ratings

NCR Voyix Company Overview

NCR Voyix Corporation operates globally, offering a wide range of software and services, with particular focus on the United States, the Americas, Asia Pacific, Europe, the Middle East, and Africa. The company has three primary business segments: Retail, Restaurants, and Digital Banking. It provides software, services, hardware, and digital banking solutions aimed at serving both individual and business customers within financial institutions.

Conclusion

The reduction of shares by Crescent Grove Advisors LLC, along with the movements of other institutional investors, reflects ongoing interest and adjustments in the investment landscape surrounding NCR Voyix. Investors and analysts alike continue to monitor the company's performance closely as market conditions evolve.

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