NCR Voyix Co. (NYSE:VYX) Holdings Lessened by Engaged Capital LLC

Engaged Capital LLC trimmed its stake in shares of NCR Voyix Co. (NYSE:VYX - Free Report) by 19.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,771,033 shares of the company's stock after selling 1,399,996 shares during the quarter. NCR Voyix accounts for about 16.4% of Engaged Capital LLC's holdings, making the stock its 2nd largest position. Engaged Capital LLC owned about 3.95% of NCR Voyix worth $79,871,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. CIBC Asset Management Inc grew its position in NCR Voyix by 6.5% during the fourth quarter. CIBC Asset Management Inc now owns 14,239 shares of the company's stock worth $197,000 after buying an additional 871 shares in the last quarter. Mariner LLC increased its stake in shares of NCR Voyix by 6.6% in the fourth quarter. Mariner LLC now owns 14,022 shares of the company's stock worth $194,000 after buying an additional 872 shares during the period. Summit Investment Advisors Inc. increased its stake in shares of NCR Voyix by 6.8% in the fourth quarter. Summit Investment Advisors Inc. now owns 15,221 shares of the company's stock worth $211,000 after buying an additional 966 shares during the period. Trajan Wealth LLC increased its stake in shares of NCR Voyix by 9.0% in the fourth quarter. Trajan Wealth LLC now owns 15,315 shares of the company's stock worth $212,000 after buying an additional 1,269 shares during the period. Finally, Smartleaf Asset Management LLC increased its stake in shares of NCR Voyix by 175.9% in the fourth 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 period. 97.00% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

VYX has been the topic of a number of research analyst reports. Royal Bank of Canada reissued an "outperform" rating and set a $17.00 price objective on shares of NCR Voyix in a research report on Tuesday, March 25th. Needham & Company LLC dropped their target price on shares of NCR Voyix from $20.00 to $15.00 and set a "buy" rating on the stock in a report on Friday, February 28th. Finally, The Goldman Sachs Group lowered their target price 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. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $15.17.

NCR Voyix Price Performance

Shares of VYX traded up $0.26 during trading hours on Thursday, reaching $8.83. 1,103,449 shares of the stock traded hands, compared to its average volume of 1,844,819. The company has a market cap of $1.23 billion, a P/E ratio of 2.05 and a beta of 1.49. NCR Voyix Co. has a 52-week low of $7.55 and a 52-week high of $15.34. The company has a current ratio of 1.20, a quick ratio of 1.06 and a debt-to-equity ratio of 1.09. The company's 50-day moving average price is $9.49 and its two-hundred day moving average price is $12.11.

NCR Voyix 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.