US Bancorp DE Sells 1,182 Shares of NCR Voyix Co. (NYSE:VYX)

US Bancorp DE cut its holdings in shares of NCR Voyix Co. (NYSE:VYX) by 11.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 8,727 shares of the company’s stock after selling 1,182 shares during the period. US Bancorp DE’s holdings in NCR Voyix were worth $121,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Illinois Municipal Retirement Fund bought a new position in NCR Voyix during the fourth quarter worth about $1,043,000. New World Advisors LLC lifted its holdings in NCR Voyix by 35.7% during the fourth quarter. New World Advisors LLC now owns 23,475 shares of the company’s stock worth $325,000 after acquiring an additional 6,175 shares in the last quarter. CIBC Asset Management Inc lifted its holdings in NCR Voyix by 6.5% during the fourth quarter. CIBC Asset Management Inc now owns 14,239 shares of the company’s stock worth $197,000 after acquiring an additional 871 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in NCR Voyix by 3.4% during the fourth quarter. Principal Financial Group Inc. now owns 712,028 shares of the company’s stock worth $9,854,000 after acquiring an additional 23,552 shares in the last quarter. Finally, Rhumbline Advisers lifted its holdings in NCR Voyix by 0.8% during the fourth quarter. Rhumbline Advisers now owns 455,806 shares of the company’s stock worth $6,308,000 after acquiring an additional 3,669 shares in the last quarter. 97.00% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Needham & Company LLC cut their price target on NCR Voyix from $20.00 to $15.00 and set a “buy” rating on the stock in a report on Friday, February 28th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $15.50.

NCR Voyix Stock Performance

Shares of NCR Voyix stock opened at $9.68 on Monday. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of 2.24 and a beta of 1.56. The stock’s 50-day moving average is $12.11 and its 200-day moving average is $13.14. NCR Voyix Co. has a one year low of $9.53 and a one year high of $15.34. 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 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.