NCR Voyix Co. (NYSE:VYX) Stock Holdings Trimmed by Alliancebernstein L.P.

Alliancebernstein L.P. reduced its position in NCR Voyix Co. (NYSE:VYX - Free Report) by 60.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 183,320 shares of the company's stock after selling 277,015 shares during the period. Alliancebernstein L.P. owned approximately 0.13% of NCR Voyix worth $2,537,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of VYX. State Street Corp increased its stake in shares of NCR Voyix by 2.7% in the third quarter. State Street Corp now owns 5,749,678 shares of the company's stock worth $78,023,000 after buying an additional 152,525 shares during the last quarter. Barclays PLC increased its position in shares of 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 purchasing an additional 400,734 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of NCR Voyix by 2.7% in the 3rd quarter. Geode Capital Management LLC now owns 3,266,734 shares of the company's stock valued at $44,338,000 after purchasing an additional 86,709 shares in the last quarter. Franklin Resources Inc. lifted its position in shares of NCR Voyix by 6.1% during the third 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 during the last quarter. Finally, Principal Financial Group Inc. grew its stake in NCR Voyix by 0.5% in the third quarter. Principal Financial Group Inc. now owns 688,476 shares of the company's stock worth $9,343,000 after purchasing an additional 3,269 shares in the last quarter. 97.00% of the stock is currently owned by institutional investors and hedge funds.

NCR Voyix Stock Performance

VYX stock traded down $0.06 during mid-day trading on Monday, reaching $7.74. The company had a trading volume of 1,187,513 shares, compared to its average volume of 1,863,397. The stock's 50-day simple moving average is $10.08 and its two-hundred day simple moving average is $12.37. The stock has a market capitalization of $1.07 billion, a P/E ratio of 1.79 and a beta of 1.49. 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 one year low of $7.56 and a one year high of $15.34.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Royal Bank of Canada reaffirmed an "outperform" rating and set a $17.00 target price on shares of NCR Voyix in a report on Tuesday, March 25th. Needham & Company LLC reduced their price objective on NCR Voyix from $20.00 to $15.00 and set a "buy" rating on the stock in a research note 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 for the company in a research note on Wednesday, April 2nd. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $15.17.

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.