Comerica Bank Sells 2,025 Shares of NCR Voyix Co. (NYSE:VYX)

Comerica Bank lowered its position in NCR Voyix Co. (NYSE:VYX) by 1.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 102,814 shares of the company’s stock after selling 2,025 shares during the period. Comerica Bank’s holdings in NCR Voyix were worth $1,423,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of VYX. Smartleaf Asset Management LLC raised its holdings in shares of NCR Voyix by 175.9% in the 4th 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. KBC Group NV increased its holdings in NCR Voyix by 55.1% during the 4th quarter. KBC Group NV now owns 7,148 shares of the company’s stock valued at $99,000 after purchasing an additional 2,540 shares in the last quarter. Xponance Inc. acquired a new stake in NCR Voyix during the 4th quarter valued at $146,000. Cibc World Markets Corp acquired a new stake in NCR Voyix during the 4th quarter valued at $188,000. Finally, Magnetar Financial LLC acquired a new stake in NCR Voyix during the 4th quarter valued at $189,000. 97.00% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

VYX has been the subject of a number of recent analyst reports. Needham & Company LLC dropped their price target on NCR Voyix from $15.00 to $13.00 and set a “buy” rating for the company in a report on Friday. Royal Bank of Canada reaffirmed an “outperform” rating and set a $17.00 price target on shares of NCR Voyix in a report on Tuesday, March 25th. Finally, The Goldman Sachs Group lifted their target price on NCR Voyix from $8.50 to $11.00 and gave the company a “neutral” rating in a research note on Friday. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $14.83.

NCR Voyix Stock Up 4.2%

NYSE VYX opened at $10.59 on Monday. The stock has a fifty day moving average of $9.20 and a 200-day moving average of $11.90. The stock has a market capitalization of $1.48 billion, a P/E ratio of 2.45 and a beta of 1.52. NCR Voyix Co. has a 52 week low of $7.55 and a 52 week high of $15.34. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.20.

NCR Voyix Company 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.