Barclays PLC Cuts Stock Holdings in NCR Voyix Co. (NYSE:VYX)

Barclays PLC decreased its position in NCR Voyix Co. (NYSE:VYX - Free Report) by 26.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 494,429 shares of the company's stock after selling 174,387 shares during the quarter. Barclays PLC owned 0.34% of NCR Voyix worth $6,842,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. CIBC Asset Management Inc raised its holdings in NCR Voyix by 6.5% in the fourth quarter. CIBC Asset Management Inc now owns 14,239 shares of the company's stock valued at $197,000 after acquiring an additional 871 shares in the last quarter. Summit Investment Advisors Inc. raised its holdings in NCR Voyix by 6.8% in the fourth quarter. Summit Investment Advisors Inc. now owns 15,221 shares of the company's stock valued at $211,000 after acquiring an additional 966 shares in the last quarter. Smartleaf Asset Management LLC raised its holdings in NCR Voyix by 175.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,232 shares of the company's stock valued at $31,000 after acquiring an additional 1,423 shares in the last quarter. Bank of Montreal Can raised its holdings in NCR Voyix by 8.2% in the fourth quarter. Bank of Montreal Can now owns 19,703 shares of the company's stock valued at $273,000 after acquiring an additional 1,489 shares in the last quarter. Finally, Swiss National Bank raised its holdings in NCR Voyix by 0.7% in the fourth quarter. Swiss National Bank now owns 271,659 shares of the company's stock valued at $3,760,000 after acquiring an additional 2,000 shares in the last quarter. Institutional investors and hedge funds own 97.00% of the company's stock.

NCR Voyix Stock Performance

Shares of VYX traded down $0.01 during mid-day trading on Wednesday, reaching $8.59. 2,017,675 shares of the company's stock were exchanged, compared to its average volume of 1,847,620. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.20 and a quick ratio of 1.06. The stock has a market capitalization of $1.20 billion, a PE ratio of 1.99 and a beta of 1.49. The business's fifty day simple moving average is $9.49 and its 200-day simple moving average is $12.11. NCR Voyix Co. has a 52-week low of $7.55 and a 52-week high of $15.34.

Analysts Set New Price Targets

A number of analysts have weighed in on VYX shares. Royal Bank of Canada reissued an "outperform" rating and set a $17.00 price objective on shares of NCR Voyix in a report on Tuesday, March 25th. The Goldman Sachs Group cut their price objective on shares of NCR Voyix from $13.00 to $11.00 and set a "neutral" rating on the stock in a report on Wednesday, April 2nd. Finally, Needham & Company LLC lowered their target price on shares of NCR Voyix from $20.00 to $15.00 and set a "buy" rating on the stock in a research report on Friday, February 28th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $15.17.

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.