River Road Asset Management LLC Lowers Stock Holdings in NCR Voyix Co. (NYSE:VYX)

River Road Asset Management LLC lowered its holdings in shares of NCR Voyix Co. (NYSE:VYX) by 0.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,552,434 shares of the company’s stock after selling 9,458 shares during the quarter. River Road Asset Management LLC’s holdings in NCR Voyix were worth $35,326,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. CIBC Asset Management Inc lifted its position in shares of NCR Voyix by 6.5% in the fourth 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 in the last quarter. Smartleaf Asset Management LLC lifted its position in NCR Voyix by 175.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,232 shares of the company’s stock worth $31,000 after buying an additional 1,423 shares in the last quarter. Truvestments Capital LLC purchased a new position in NCR Voyix during the third quarter worth approximately $25,000. KBC Group NV lifted its position in NCR Voyix by 55.1% during the fourth 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, Oppenheimer Asset Management Inc. lifted its position in NCR Voyix by 27.5% during the third quarter. Oppenheimer Asset Management Inc. now owns 14,173 shares of the company’s stock worth $192,000 after buying an additional 3,060 shares in the last quarter. Hedge funds and other institutional investors own 97.00% of the company’s stock.

NCR Voyix Price Performance

VYX stock opened at $10.40 on Tuesday. The business has a fifty day moving average of $12.50 and a two-hundred day moving average of $13.26. 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 stock has a market cap of $1.44 billion, a price-to-earnings ratio of 2.41 and a beta of 1.56. NCR Voyix Co. has a 52-week low of $9.87 and a 52-week high of $15.34.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC reduced their price objective on NCR Voyix from $20.00 to $15.00 and set a “buy” rating on the stock in a research report on Friday, February 28th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $15.71.

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.