Alliancebernstein L.P. Has $2.54 Million Position in NCR Voyix Co. (NYSE:VYX)

Alliancebernstein L.P. lowered its position in NCR Voyix Co. (NYSE:VYX - Free Report) by 60.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 183,320 shares of the company's stock after selling 277,015 shares during the period. Alliancebernstein L.P. owned about 0.13% of NCR Voyix worth $2,537,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in VYX. KLP Kapitalforvaltning AS bought a new position in shares of NCR Voyix in the 4th quarter valued at about $412,000. Smartleaf Asset Management LLC grew its holdings in NCR Voyix by 175.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,232 shares of the company's stock worth $31,000 after purchasing an additional 1,423 shares during the period. Charles Schwab Investment Management Inc. raised its stake in NCR Voyix by 6.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,746,088 shares of the company's stock valued at $38,006,000 after acquiring an additional 163,206 shares during the period. Geode Capital Management LLC boosted its position in NCR Voyix by 2.7% during the third quarter. Geode Capital Management LLC now owns 3,266,734 shares of the company's stock worth $44,338,000 after purchasing an additional 86,709 shares during the period. Finally, Franklin Resources Inc. lifted its stake in shares of NCR Voyix by 6.1% during the 3rd quarter. Franklin Resources Inc. now owns 903,293 shares of the company's stock worth $11,942,000 after buying an additional 51,779 shares during the last quarter. Institutional investors and hedge funds own 97.00% of the company's stock.

Analysts Set New Price Targets

VYX has been the topic of a number of analyst reports. The Goldman Sachs Group reduced their price objective on shares of NCR Voyix from $13.00 to $11.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 2nd. Royal Bank of Canada restated an "outperform" rating and set a $17.00 target price on shares of NCR Voyix in a research note on Tuesday, March 25th. Finally, Needham & Company LLC decreased their price target on NCR Voyix from $20.00 to $15.00 and set a "buy" rating on the stock in a research note on Friday, February 28th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $15.17.

NCR Voyix Price Performance

NCR Voyix stock traded up $0.05 during mid-day trading on Tuesday, reaching $7.92. The company had a trading volume of 2,290,319 shares, compared to its average volume of 1,871,586. The business has a fifty day simple moving average of $9.92 and a 200 day simple moving average of $12.30. The company has a market cap of $1.10 billion, a P/E ratio of 1.83 and a beta of 1.49. The company has a current ratio of 1.20, a quick ratio of 1.06 and a debt-to-equity ratio of 1.09. NCR Voyix Co. has a fifty-two week low of $7.55 and a fifty-two week high of $15.34.

NCR Voyix Company 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.