North Reef Capital Management LP Raises Stock Position in NCR Voyix Co. (NYSE:VYX)

North Reef Capital Management LP grew its stake in shares of NCR Voyix Co. (NYSE:VYX - Free Report) by 420.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 401,200 shares of the company's stock after purchasing an additional 324,132 shares during the quarter. North Reef Capital Management LP owned approximately 0.27% of NCR Voyix worth $5,553,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VYX. Smartleaf Asset Management LLC raised 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 in the last quarter. KBC Group NV raised its holdings in NCR Voyix by 55.1% during the fourth quarter. KBC Group NV now owns 7,148 shares of the company's stock worth $99,000 after purchasing an additional 2,540 shares in the last quarter. Xponance Inc. acquired a new position in shares of NCR Voyix in the 4th quarter valued at $146,000. Cibc World Markets Corp acquired a new position in shares of NCR Voyix in the 4th quarter valued at $188,000. Finally, Magnetar Financial LLC acquired a new position in shares of NCR Voyix in the 4th quarter valued at $189,000. Institutional investors and hedge funds own 97.00% of the company's stock.

NCR Voyix Stock Performance

NYSE:VYX traded down $0.21 during mid-day trading on Wednesday, reaching $8.39. The stock had a trading volume of 502,874 shares, compared to its average volume of 1,848,070. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.20. The firm has a market capitalization of $1.17 billion, a price-to-earnings ratio of 1.94 and a beta of 1.49. NCR Voyix Co. has a twelve month low of $7.55 and a twelve month high of $15.34. The business has a 50 day simple moving average of $9.55 and a 200 day simple moving average of $12.13.

Analyst Ratings Changes

A number of equities analysts have recently commented on VYX shares. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $17.00 target price on shares of NCR Voyix in a report on Tuesday, March 25th. Needham & Company LLC cut 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 cut their target price 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. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average 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.