Wellington Management Group LLP Has $16.83 Million Position in NCR Voyix Co. (NYSE:VYX)

Wellington Management Group LLP increased its holdings in shares of NCR Voyix Co. (NYSE:VYX) by 2.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,216,361 shares of the company’s stock after buying an additional 25,129 shares during the period. Wellington Management Group LLP owned about 0.83% of NCR Voyix worth $16,834,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. BNP Paribas Financial Markets lifted its holdings in shares of NCR Voyix by 44.6% during the third quarter. BNP Paribas Financial Markets now owns 99,612 shares of the company’s stock worth $1,352,000 after purchasing an additional 30,736 shares during the period. Quantinno Capital Management LP lifted its holdings in NCR Voyix by 50.1% during the 3rd quarter. Quantinno Capital Management LP now owns 20,420 shares of the company’s stock worth $277,000 after buying an additional 6,820 shares during the period. Quadrature Capital Ltd bought a new stake in shares of NCR Voyix in the 3rd quarter valued at about $306,000. State Street Corp increased its stake in shares of NCR Voyix by 2.7% in the third quarter. State Street Corp now owns 5,749,678 shares of the company’s stock valued at $78,023,000 after buying an additional 152,525 shares during the period. Finally, Barclays PLC raised its position in shares of NCR Voyix by 149.5% during the third quarter. Barclays PLC now owns 668,816 shares of the company’s stock worth $9,075,000 after acquiring an additional 400,734 shares during the last quarter. 97.00% of the stock is owned by institutional investors.

NCR Voyix Trading Down 6.1 %

NYSE:VYX opened at $7.79 on Wednesday. The firm has a fifty day simple moving average of $10.85 and a two-hundred day simple moving average of $12.70. NCR Voyix Co. has a 12 month low of $7.67 and a 12 month high of $15.34. The stock has a market capitalization of $1.08 billion, a price-to-earnings ratio of 1.80 and a beta of 1.49. The company has a current ratio of 1.20, a quick ratio of 1.06 and a debt-to-equity ratio of 1.09.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Royal Bank of Canada reissued an “outperform” rating and set a $17.00 target price on shares of NCR Voyix in a research report on Tuesday, March 25th. The Goldman Sachs Group lowered their target price on shares of NCR Voyix from $13.00 to $11.00 and set a “neutral” rating for the company in a research note on Wednesday, April 2nd. Finally, Needham & Company LLC cut their price target on shares of 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 research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $15.17.

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.