Schonfeld Strategic Advisors LLC Raises Stock Position in NCR Voyix Co. (NYSE:VYX)

Schonfeld Strategic Advisors LLC raised its stake in NCR Voyix Co. (NYSE:VYX - Free Report) by 328.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 212,057 shares of the company's stock after acquiring an additional 162,594 shares during the quarter. Schonfeld Strategic Advisors LLC owned approximately 0.15% of NCR Voyix worth $2,935,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Barclays PLC increased its holdings in NCR Voyix by 149.5% in the 3rd quarter. Barclays PLC now owns 668,816 shares of the company's stock worth $9,075,000 after acquiring an additional 400,734 shares in the last quarter. Franklin Resources Inc. boosted its position in NCR Voyix by 6.1% in the 3rd quarter. Franklin Resources Inc. now owns 903,293 shares of the company's stock worth $11,942,000 after purchasing an additional 51,779 shares in the last quarter. Principal Financial Group Inc. increased its stake in NCR Voyix by 0.5% during the 3rd quarter. Principal Financial Group Inc. now owns 688,476 shares of the company's stock worth $9,343,000 after buying an additional 3,269 shares in the last quarter. Harbor Capital Advisors Inc. raised its holdings in shares of NCR Voyix by 3.5% during the 4th quarter. Harbor Capital Advisors Inc. now owns 1,020,401 shares of the company's stock worth $14,122,000 after acquiring an additional 34,547 shares during the period. Finally, KBC Group NV boosted its position in shares of NCR Voyix by 55.1% during the 4th quarter. KBC Group NV now owns 7,148 shares of the company's stock worth $99,000 after purchasing an additional 2,540 shares during the period. 97.00% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on VYX shares. The Goldman Sachs Group cut their price objective 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 cut their target price on NCR Voyix from $20.00 to $15.00 and set a "buy" rating on the stock in a research report on Friday, February 28th. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and set 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 given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $15.17.

NCR Voyix Price Performance

Shares of VYX stock traded up $1.47 during trading on Thursday, hitting $10.22. The company had a trading volume of 5,106,808 shares, compared to its average volume of 1,846,471. The stock's 50-day moving average is $9.20 and its two-hundred day moving average is $11.95. The company has a quick ratio of 1.06, a current ratio of 1.20 and a debt-to-equity ratio of 1.09. NCR Voyix Co. has a 52 week low of $7.55 and a 52 week high of $15.34. The stock has a market capitalization of $1.42 billion, a price-to-earnings ratio of 2.37 and a beta of 1.52.

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.