NCR Voyix Co. (NYSE:VYX) Shares Purchased by Franklin Resources Inc.

Franklin Resources Inc. increased its holdings in shares of NCR Voyix Co. (NYSE:VYX) by 10.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 999,856 shares of the company’s stock after purchasing an additional 96,563 shares during the period. Franklin Resources Inc.’s holdings in NCR Voyix were worth $13,838,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CIBC Asset Management Inc grew its stake in shares of NCR Voyix by 6.5% during the fourth quarter. CIBC Asset Management Inc now owns 14,239 shares of the company’s stock worth $197,000 after acquiring an additional 871 shares during the last quarter. Smartleaf Asset Management LLC grew its position in NCR Voyix by 175.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,232 shares of the company’s stock worth $31,000 after purchasing an additional 1,423 shares during the last quarter. Swiss National Bank grew its position in NCR Voyix by 0.7% during the 4th quarter. Swiss National Bank now owns 271,659 shares of the company’s stock worth $3,760,000 after purchasing an additional 2,000 shares during the last quarter. LPL Financial LLC raised its holdings in shares of NCR Voyix by 5.4% in the fourth quarter. LPL Financial LLC now owns 44,772 shares of the company’s stock worth $620,000 after buying an additional 2,286 shares during the last quarter. Finally, KBC Group NV raised its holdings in shares of NCR Voyix by 55.1% in 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 during the last quarter. 97.00% of the stock is currently owned by hedge funds and other institutional investors.

NCR Voyix Stock Performance

NYSE VYX opened at $8.29 on Tuesday. The firm has a market capitalization of $1.15 billion, a P/E ratio of 1.92 and a beta of 1.49. The stock has a 50-day simple moving average of $11.03 and a two-hundred day simple moving average of $12.78. 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 Co. has a fifty-two week low of $7.93 and a fifty-two week high of $15.34.

Analyst Ratings Changes

Several research firms recently issued reports on VYX. Royal Bank of Canada reissued an “outperform” rating and issued a $17.00 target price on shares of NCR Voyix in a research report on Tuesday, March 25th. The Goldman Sachs Group cut their price objective on NCR Voyix from $13.00 to $11.00 and set a “neutral” rating on the stock in a report on Wednesday, April 2nd. Finally, Needham & Company LLC decreased their target price on NCR Voyix from $20.00 to $15.00 and set a “buy” rating for the company in a report on Friday, February 28th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average 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.