Villanova Investment Management Co LLC Makes New Investment in NCR Voyix Co. (NYSE:VYX)

Villanova Investment Management Co LLC purchased a new position in NCR Voyix Co. (NYSE:VYX - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 233,120 shares of the company's stock, valued at approximately $3,226,000. NCR Voyix makes up 2.9% of Villanova Investment Management Co LLC's portfolio, making the stock its 6th largest position. Villanova Investment Management Co LLC owned approximately 0.16% of NCR Voyix as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in VYX. Smartleaf Asset Management LLC raised its position in NCR Voyix by 175.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,232 shares of the company's stock worth $31,000 after purchasing an additional 1,423 shares during the period. KBC Group NV boosted its holdings in NCR Voyix by 55.1% during the 4th quarter. KBC Group NV now owns 7,148 shares of the company's stock valued at $99,000 after acquiring an additional 2,540 shares during the period. Xponance Inc. bought a new position in NCR Voyix in the 4th quarter valued at $146,000. Cibc World Markets Corp purchased a new stake in NCR Voyix in the fourth quarter worth $188,000. Finally, Magnetar Financial LLC purchased a new stake in shares of NCR Voyix during the fourth quarter valued at $189,000. 97.00% of the stock is owned by institutional investors.

NCR Voyix Stock Down 9.6 %

Shares of NYSE:VYX traded down $0.96 during trading hours on Thursday, hitting $8.96. The company's stock had a trading volume of 2,664,644 shares, compared to its average volume of 1,850,496. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.20 and a quick ratio of 1.06. The firm's fifty day moving average price is $11.20 and its 200 day moving average price is $12.86. NCR Voyix Co. has a 52 week low of $8.91 and a 52 week high of $15.34. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of 2.07 and a beta of 1.56.

Remove Ads

Wall Street Analysts Forecast Growth

Several research analysts recently commented on VYX shares. 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 research note on Wednesday. Royal Bank of Canada reaffirmed an "outperform" rating and set a $17.00 price target on shares of NCR Voyix in a research note on Tuesday, March 25th. Finally, Needham & Company LLC dropped 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. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $15.17.

About NCR Voyix

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.