Russell Investments Group Ltd. Buys 251,274 Shares of NCR Voyix Co. (NYSE:VYX)

Russell Investments Group Ltd. lifted its stake in shares of NCR Voyix Co. (NYSE:VYX - Free Report) by 100.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 502,032 shares of the company's stock after purchasing an additional 251,274 shares during the quarter. Russell Investments Group Ltd. owned about 0.34% of NCR Voyix worth $6,948,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. State Street Corp boosted its holdings 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 valued at $78,023,000 after acquiring an additional 152,525 shares in the last quarter. Victory Capital Management Inc. lifted its position in NCR Voyix by 15.3% in the fourth quarter. Victory Capital Management Inc. now owns 4,693,119 shares of the company's stock worth $64,953,000 after purchasing an additional 621,303 shares during the period. Geode Capital Management LLC increased its position in shares of NCR Voyix by 2.7% during 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 during the period. Charles Schwab Investment Management Inc. raised its stake in shares of NCR Voyix by 6.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,746,088 shares of the company's stock worth $38,006,000 after buying an additional 163,206 shares in the last quarter. Finally, Private Management Group Inc. boosted its stake in NCR Voyix by 0.4% during the fourth quarter. Private Management Group Inc. now owns 2,326,127 shares of the company's stock valued at $32,194,000 after buying an additional 9,255 shares in the last quarter. Institutional investors and hedge funds own 97.00% of the company's stock.

NCR Voyix Stock Performance

NYSE VYX traded down $0.05 during trading on Friday, hitting $7.81. The company's stock had a trading volume of 1,612,870 shares, compared to its average volume of 1,864,869. NCR Voyix Co. has a 52 week low of $7.67 and a 52 week high of $15.34. 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 firm has a market cap of $1.08 billion, a P/E ratio of 1.81 and a beta of 1.49. The firm has a 50 day moving average price of $10.18 and a 200 day moving average price of $12.43.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Royal Bank of Canada reissued an "outperform" rating and set a $17.00 target price on shares of NCR Voyix in a research note on Tuesday, March 25th. The Goldman Sachs Group cut their price objective on NCR Voyix from $13.00 to $11.00 and set a "neutral" rating for the company in a research report on Wednesday, April 2nd. Finally, 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 note on Friday, February 28th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, NCR Voyix currently 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.