Sterling Capital Management LLC Sells 334,822 Shares of NCR Voyix Co. (NYSE:VYX)

Sterling Capital Management LLC decreased its holdings in shares of NCR Voyix Co. (NYSE:VYX - Free Report) by 51.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 316,855 shares of the company's stock after selling 334,822 shares during the quarter. Sterling Capital Management LLC owned about 0.22% of NCR Voyix worth $4,385,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. CIBC Asset Management Inc increased its stake in shares of NCR Voyix by 6.5% in the 4th quarter. CIBC Asset Management Inc now owns 14,239 shares of the company's stock valued at $197,000 after acquiring an additional 871 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in NCR Voyix by 175.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,232 shares of the company's stock valued at $31,000 after purchasing an additional 1,423 shares in the last quarter. Bank of Montreal Can raised its holdings in NCR Voyix by 8.2% in the fourth quarter. Bank of Montreal Can now owns 19,703 shares of the company's stock worth $273,000 after purchasing an additional 1,489 shares during the period. Swiss National Bank boosted its position in shares of NCR Voyix by 0.7% during the fourth quarter. Swiss National Bank now owns 271,659 shares of the company's stock worth $3,760,000 after purchasing an additional 2,000 shares in the last quarter. Finally, LPL Financial LLC grew its holdings in shares of NCR Voyix by 5.4% in the 4th quarter. LPL Financial LLC now owns 44,772 shares of the company's stock valued at $620,000 after buying an additional 2,286 shares during the period. Institutional investors and hedge funds own 97.00% of the company's stock.

NCR Voyix Stock Down 0.6 %

Shares of NCR Voyix stock traded down $0.05 during trading on Friday, reaching $7.81. The stock had a trading volume of 1,612,870 shares, compared to its average volume of 1,864,869. The stock has a fifty day moving average price of $10.18 and a two-hundred day moving average price of $12.43. NCR Voyix Co. has a 52 week low of $7.67 and a 52 week high of $15.34. The company has a market capitalization of $1.08 billion, a price-to-earnings ratio of 1.81 and a beta of 1.49. The company has a current ratio of 1.20, a quick ratio of 1.06 and a debt-to-equity ratio of 1.09.

Wall Street Analyst Weigh In

Several research firms have weighed in on VYX. Royal Bank of Canada reiterated 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 decreased their price objective on NCR Voyix from $20.00 to $15.00 and set a "buy" rating for the company in a research report on Friday, February 28th. Finally, The Goldman Sachs Group lowered their target price on 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 investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average 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.