Clearline Capital LP decreased its position in shares of NCR Voyix Corporation (NYSE:VYX – Free Report) by 16.1% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,767,108 shares of the company’s stock after selling 532,073 shares during the period. NCR Voyix makes up about 1.6% of Clearline Capital LP’s investment portfolio, making the stock its 2nd largest position. Clearline Capital LP owned 2.00% of NCR Voyix worth $34,727,000 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 VYX. Boston Partners boosted its stake in shares of NCR Voyix by 16.0% during the 3rd quarter. Boston Partners now owns 5,796,446 shares of the company’s stock worth $72,650,000 after purchasing an additional 799,058 shares during the period. Dimensional Fund Advisors LP raised its position in NCR Voyix by 4.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 4,507,814 shares of the company’s stock worth $56,577,000 after purchasing an additional 196,240 shares during the period. Brown Advisory Inc. lifted its stake in NCR Voyix by 6.3% in the second quarter. Brown Advisory Inc. now owns 3,805,718 shares of the company’s stock worth $44,641,000 after purchasing an additional 226,869 shares during the last quarter. Private Management Group Inc. lifted its stake in NCR Voyix by 18.2% in the second quarter. Private Management Group Inc. now owns 3,231,395 shares of the company’s stock worth $37,904,000 after purchasing an additional 496,435 shares during the last quarter. Finally, ADW Capital Management LLC purchased a new position in shares of NCR Voyix during the third quarter valued at approximately $28,238,000. Hedge funds and other institutional investors own 97.00% of the company’s stock.
NCR Voyix Stock Down 3.4%
Shares of NYSE:VYX opened at $6.48 on Friday. NCR Voyix Corporation has a 52-week low of $6.45 and a 52-week high of $14.67. The stock has a market cap of $901.06 million, a P/E ratio of 22.35 and a beta of 1.48. The business’s 50 day moving average is $9.40 and its 200 day moving average is $10.70. The company has a quick ratio of 0.83, a current ratio of 1.04 and a debt-to-equity ratio of 1.16.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on the company. Stifel Nicolaus set a $12.00 price target on NCR Voyix in a report on Thursday, February 26th. DA Davidson cut their price objective on NCR Voyix from $17.00 to $14.00 and set a “buy” rating on the stock in a research report on Thursday, March 5th. The Goldman Sachs Group reduced their target price on NCR Voyix from $13.00 to $11.50 and set a “neutral” rating on the stock in a research note on Tuesday, January 13th. Needham & Company LLC decreased their target price on NCR Voyix from $15.00 to $12.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $13.00 target price on shares of NCR Voyix in a research note on Thursday, February 26th. Six research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $14.19.
Get Our Latest Research Report on NCR Voyix
About NCR Voyix
NCR Voyix is a technology company formed through the spin-off of NCR Corporation’s financial and digital commerce business. The company designs, manufactures and supports self-service solutions for banking and retail environments, with core offerings that include ATMs, kiosks, point-of-sale terminals and payment software. By blending hardware, cloud-based applications and managed services, NCR Voyix aims to help financial institutions and merchants modernize customer experiences and streamline transaction processing.
Building on more than a century of heritage under the NCR name, NCR Voyix leverages decades of engineering expertise and innovation in transaction automation.
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