Connor Clark & Lunn Investment Management Ltd. bought a new stake in NCR Voyix Corporation (NYSE:VYX – Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,006,840 shares of the company’s stock, valued at approximately $8,226,000.
Several other large investors have also recently added to or reduced their stakes in the business. Royal Bank of Canada grew its holdings in NCR Voyix by 130.9% in the 1st quarter. Royal Bank of Canada now owns 51,798 shares of the company’s stock valued at $505,000 after buying an additional 29,366 shares during the period. AQR Capital Management LLC lifted its holdings in shares of NCR Voyix by 56.5% during the 1st quarter. AQR Capital Management LLC now owns 60,111 shares of the company’s stock worth $586,000 after acquiring an additional 21,698 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of NCR Voyix by 5.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 86,956 shares of the company’s stock worth $848,000 after acquiring an additional 4,181 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of NCR Voyix by 27.7% in the first quarter. Goldman Sachs Group Inc. now owns 1,672,423 shares of the company’s stock worth $16,306,000 after acquiring an additional 362,834 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in NCR Voyix by 13.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 408,773 shares of the company’s stock valued at $3,986,000 after purchasing an additional 49,642 shares during the period. 97.00% of the stock is currently owned by hedge funds and other institutional investors.
NCR Voyix Stock Up 9.6%
Shares of NYSE:VYX opened at $8.91 on Thursday. The stock has a 50-day simple moving average of $8.10 and a 200-day simple moving average of $7.60. The stock has a market capitalization of $1.23 billion, a P/E ratio of 22.27 and a beta of 1.39. NCR Voyix Corporation has a 1 year low of $6.02 and a 1 year high of $13.77. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.95 and a current ratio of 1.07.
Wall Street Analysts Forecast Growth
VYX has been the subject of several research analyst reports. Royal Bank Of Canada upped their price target on shares of NCR Voyix from $10.00 to $13.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. The Goldman Sachs Group lifted their price target on shares of NCR Voyix from $8.00 to $9.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Weiss Ratings raised shares of NCR Voyix from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, August 6th. Finally, Needham & Company LLC upped their price objective on NCR Voyix from $12.00 to $14.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Four research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, NCR Voyix currently has an average rating of “Hold” and an average target price of $14.00.
Read Our Latest Stock Report on VYX
NCR Voyix Company Profile
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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