Swiss National Bank Raises Stake in NCR Voyix Co. (NYSE:VYX)

Swiss National Bank boosted its holdings in NCR Voyix Co. (NYSE:VYX) by 0.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 271,659 shares of the company’s stock after purchasing an additional 2,000 shares during the quarter. Swiss National Bank’s holdings in NCR Voyix were worth $3,760,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. CIBC Asset Management Inc raised its holdings in NCR Voyix by 6.5% in the fourth quarter. CIBC Asset Management Inc now owns 14,239 shares of the company’s stock worth $197,000 after buying an additional 871 shares during the last quarter. Smartleaf Asset Management LLC lifted 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 valued at $31,000 after acquiring an additional 1,423 shares in the last quarter. Truvestments Capital LLC purchased a new stake in NCR Voyix during the 3rd quarter valued at $25,000. KBC Group NV increased its holdings in NCR Voyix by 55.1% in the 4th quarter. KBC Group NV now owns 7,148 shares of the company’s stock worth $99,000 after buying an additional 2,540 shares in the last quarter. Finally, Principal Financial Group Inc. raised its position in NCR Voyix by 0.5% in the 3rd quarter. Principal Financial Group Inc. now owns 688,476 shares of the company’s stock worth $9,343,000 after buying an additional 3,269 shares during the last quarter. Institutional investors own 97.00% of the company’s stock.

NCR Voyix Trading Down 1.5 %

VYX opened at $9.95 on Wednesday. The company has a current ratio of 1.20, a quick ratio of 1.06 and a debt-to-equity ratio of 1.09. The stock has a 50-day moving average of $11.64 and a 200 day moving average of $12.99. The firm has a market cap of $1.38 billion, a P/E ratio of 2.30 and a beta of 1.56. NCR Voyix Co. has a 12 month low of $9.53 and a 12 month high of $15.34.

Analyst Ratings Changes

Several brokerages have issued reports on VYX. Royal Bank of Canada reissued an “outperform” rating and issued a $17.00 target price on shares of NCR Voyix in a research report on Tuesday. Needham & Company LLC dropped 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 investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $15.67.

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.