Barclays PLC Lowers Position in NCR Voyix Co. (NYSE:VYX)

Barclays PLC reduced its stake in NCR Voyix Co. (NYSE:VYX - Free Report) by 26.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 494,429 shares of the company's stock after selling 174,387 shares during the period. Barclays PLC owned approximately 0.34% of NCR Voyix worth $6,842,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Summit Investment Advisors Inc. lifted its holdings in shares of NCR Voyix by 6.8% during the 4th quarter. Summit Investment Advisors Inc. now owns 15,221 shares of the company's stock valued at $211,000 after buying an additional 966 shares during the period. Quinn Opportunity Partners LLC bought a new stake in shares of NCR Voyix during the 4th quarter valued at $415,000. Raymond James Financial Inc. purchased a new stake in shares of NCR Voyix in the 4th quarter worth $3,619,000. Invesco Ltd. raised its holdings in NCR Voyix by 19.5% in the 4th quarter. Invesco Ltd. now owns 1,152,138 shares of the company's stock worth $15,946,000 after purchasing an additional 187,848 shares during the period. Finally, Bank of Montreal Can lifted its position in NCR Voyix by 8.2% during the fourth quarter. Bank of Montreal Can now owns 19,703 shares of the company's stock valued at $273,000 after purchasing an additional 1,489 shares in the last quarter. Hedge funds and other institutional investors own 97.00% of the company's stock.

NCR Voyix Trading Up 0.4 %

VYX traded up $0.04 during trading on Tuesday, reaching $8.68. The company had a trading volume of 768,248 shares, compared to its average volume of 1,854,012. NCR Voyix Co. has a 52 week low of $7.55 and a 52 week high of $15.34. The stock has a market cap of $1.21 billion, a P/E ratio of 2.01 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. The business has a 50 day simple moving average of $9.62 and a 200-day simple moving average of $12.16.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on VYX shares. Needham & Company LLC decreased their target price on shares of NCR Voyix from $20.00 to $15.00 and set a "buy" rating on the stock in a research note on Friday, February 28th. Royal Bank of Canada reissued an "outperform" rating and issued a $17.00 target price on shares of NCR Voyix in a report on Tuesday, March 25th. Finally, The Goldman Sachs Group reduced their price target 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 equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, NCR Voyix presently has a consensus rating of "Moderate Buy" and an average target price of $15.17.

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.