Dimensional Fund Advisors LP Boosts Stock Position in NCR Voyix Co. (NYSE:VYX)

Dimensional Fund Advisors LP grew its holdings in shares of NCR Voyix Co. (NYSE:VYX - Free Report) by 2.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,890,765 shares of the company's stock after buying an additional 57,983 shares during the period. Dimensional Fund Advisors LP owned 1.98% of NCR Voyix worth $40,008,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the business. KLP Kapitalforvaltning AS purchased a new stake in NCR Voyix during the fourth quarter worth approximately $412,000. Smartleaf Asset Management LLC lifted its position in shares of NCR Voyix by 175.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,232 shares of the company's stock worth $31,000 after buying an additional 1,423 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of 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 buying an additional 163,206 shares in the last quarter. Franklin Resources Inc. grew its position in shares of NCR Voyix by 6.1% in the 3rd quarter. Franklin Resources Inc. now owns 903,293 shares of the company's stock valued at $11,942,000 after buying an additional 51,779 shares during the last quarter. Finally, Swiss National Bank raised its stake in NCR Voyix by 0.7% during the 4th quarter. Swiss National Bank now owns 271,659 shares of the company's stock worth $3,760,000 after acquiring an additional 2,000 shares in the last quarter. 97.00% of the stock is owned by institutional investors and hedge funds.

NCR Voyix Price Performance

NCR Voyix stock opened at $8.90 on Friday. The stock has a 50 day moving average of $9.37 and a two-hundred day moving average of $12.04. NCR Voyix Co. has a twelve month low of $7.55 and a twelve month high of $15.34. The stock has a market capitalization of $1.24 billion, a price-to-earnings ratio of 2.06 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.

Analysts Set New Price Targets

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

About NCR Voyix

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.

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