Wellington Management Group LLP grew its stake in shares of NCR Voyix Corporation (NYSE:VYX – Free Report) by 72.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,301,936 shares of the company’s stock after purchasing an additional 1,384,935 shares during the period. Wellington Management Group LLP owned about 2.39% of NCR Voyix worth $26,977,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. Caitong International Asset Management Co. Ltd acquired a new stake in NCR Voyix during the 4th quarter worth about $28,000. Kestra Advisory Services LLC acquired a new position in shares of NCR Voyix in the fourth quarter worth about $29,000. Parkside Financial Bank & Trust raised its holdings in shares of NCR Voyix by 34.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 4,743 shares of the company’s stock valued at $48,000 after acquiring an additional 1,221 shares during the period. Public Employees Retirement System of Ohio purchased a new stake in shares of NCR Voyix in the 2nd quarter valued at approximately $52,000. Finally, Hantz Financial Services Inc. lifted its position in shares of NCR Voyix by 615.6% in the 4th quarter. Hantz Financial Services Inc. now owns 8,716 shares of the company’s stock valued at $89,000 after acquiring an additional 7,498 shares in the last quarter. Institutional investors and hedge funds own 97.00% of the company’s stock.
NCR Voyix Stock Performance
VYX stock opened at $9.14 on Friday. The firm has a 50 day simple moving average of $8.30 and a 200 day simple moving average of $7.58. NCR Voyix Corporation has a 52 week low of $6.02 and a 52 week high of $13.49. The stock has a market cap of $1.26 billion, a P/E ratio of 22.85 and a beta of 1.40. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.95 and a current ratio of 1.07.
Analyst Upgrades and Downgrades
Several research firms have weighed in on VYX. Royal Bank Of Canada lifted their price objective on shares of NCR Voyix from $10.00 to $13.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. Needham & Company LLC increased their target price on NCR Voyix from $12.00 to $14.00 and gave the company a “buy” rating in a report on Thursday, August 6th. The Goldman Sachs Group raised their target price on NCR Voyix from $8.00 to $9.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. Finally, Weiss Ratings upgraded NCR Voyix from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, NCR Voyix has an average rating of “Moderate Buy” and an average price target of $14.00.
Read Our Latest Stock Report on VYX
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.
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