NCR Voyix Co. (NYSE:VYX) Position Raised by North Reef Capital Management LP

North Reef Capital Management LP grew its stake in NCR Voyix Co. (NYSE:VYX - Free Report) by 420.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm 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 SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC raised its holdings in shares of NCR Voyix by 175.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,232 shares of the company's stock valued at $31,000 after buying an additional 1,423 shares during the period. KBC Group NV boosted its stake in shares of 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 buying an additional 2,540 shares during the period. Xponance Inc. purchased a new stake in shares of NCR Voyix during the fourth quarter worth approximately $146,000. Cibc World Markets Corp purchased a new position in NCR Voyix during the fourth quarter worth about $188,000. Finally, Magnetar Financial LLC purchased a new position in NCR Voyix in the fourth quarter worth $189,000. 97.00% of the stock is owned by institutional investors and hedge funds.

NCR Voyix Stock Performance

VYX traded down $0.02 during trading hours on Tuesday, hitting $8.63. 1,406,986 shares of the stock were exchanged, compared to its average volume of 1,910,346. The stock has a 50-day simple moving average of $9.62 and a 200-day simple moving average of $12.16. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.20 and a quick ratio of 1.06. NCR Voyix Co. has a 12 month low of $7.55 and a 12 month high of $15.34. The stock has a market cap of $1.20 billion, a price-to-earnings ratio of 2.00 and a beta of 1.49.

Analyst Upgrades and Downgrades

VYX has been the topic of several recent research reports. Needham & Company LLC decreased their price objective on shares of NCR Voyix from $20.00 to $15.00 and set a "buy" rating on the stock in a research report on Friday, February 28th. Royal Bank of Canada restated 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 decreased their target price on NCR Voyix from $13.00 to $11.00 and set a "neutral" rating for the company 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. According to MarketBeat, NCR Voyix has a consensus rating of "Moderate Buy" and an average price target 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.