Raymond James Financial Inc. Invests $3.62 Million in NCR Voyix Co. (NYSE:VYX)

Raymond James Financial Inc. bought a new position in NCR Voyix Co. (NYSE:VYX - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 261,489 shares of the company's stock, valued at approximately $3,619,000. Raymond James Financial Inc. owned approximately 0.18% of NCR Voyix at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Boston Partners raised its position in NCR Voyix by 966.8% during the fourth quarter. Boston Partners now owns 732,480 shares of the company's stock valued at $10,131,000 after buying an additional 663,821 shares during the period. Victory Capital Management Inc. increased its holdings in shares of NCR Voyix by 15.3% in the 4th quarter. Victory Capital Management Inc. now owns 4,693,119 shares of the company's stock valued at $64,953,000 after purchasing an additional 621,303 shares during the period. Barclays PLC lifted its position in shares of NCR Voyix by 149.5% in the third quarter. Barclays PLC now owns 668,816 shares of the company's stock worth $9,075,000 after purchasing an additional 400,734 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of NCR Voyix by 100.2% during the fourth quarter. Russell Investments Group Ltd. now owns 502,032 shares of the company's stock worth $6,948,000 after purchasing an additional 251,274 shares during the period. Finally, Villanova Investment Management Co LLC purchased a new position in NCR Voyix during the fourth quarter valued at approximately $3,226,000. 97.00% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

NCR Voyix Stock Performance

VYX stock traded down $0.01 during mid-day trading on Friday, reaching $8.90. 145,615 shares of the stock traded hands, compared to its average volume of 1,836,931. The company has a quick ratio of 1.06, a current ratio of 1.20 and a debt-to-equity ratio of 1.09. The business has a 50-day moving average of $9.43 and a two-hundred day moving average of $12.08. The firm has a market capitalization of $1.24 billion, a PE ratio of 2.06 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.

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.