Bayesian Capital Management LP Buys Shares of 46,060 NCR Voyix Co. (NYSE:VYX)

Bayesian Capital Management LP purchased a new position in shares of NCR Voyix Co. (NYSE:VYX) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 46,060 shares of the company’s stock, valued at approximately $637,000.

Several other institutional investors and hedge funds have also recently modified their holdings of VYX. Barclays PLC grew its stake in shares of NCR Voyix by 149.5% in the 3rd quarter. Barclays PLC now owns 668,816 shares of the company’s stock valued at $9,075,000 after buying an additional 400,734 shares during the period. Franklin Resources Inc. grew its position in NCR Voyix by 6.1% in the third quarter. Franklin Resources Inc. now owns 903,293 shares of the company’s stock worth $11,942,000 after acquiring an additional 51,779 shares during the period. Principal Financial Group Inc. increased its stake in NCR Voyix by 0.5% during the third quarter. Principal Financial Group Inc. now owns 688,476 shares of the company’s stock worth $9,343,000 after acquiring an additional 3,269 shares during the last quarter. Harbor Capital Advisors Inc. lifted its stake in shares of NCR Voyix by 3.5% in the 4th quarter. Harbor Capital Advisors Inc. now owns 1,020,401 shares of the company’s stock valued at $14,122,000 after purchasing an additional 34,547 shares during the last quarter. Finally, KBC Group NV grew its holdings in shares of NCR Voyix by 55.1% during the 4th quarter. KBC Group NV now owns 7,148 shares of the company’s stock worth $99,000 after purchasing an additional 2,540 shares during the period. Institutional investors and hedge funds own 97.00% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on VYX shares. The Goldman Sachs Group reduced their price objective on shares of NCR Voyix from $13.00 to $11.00 and set a “neutral” rating on the stock in a report on Wednesday, April 2nd. Needham & Company LLC cut their target price on NCR Voyix from $20.00 to $15.00 and set a “buy” rating on the stock in a research report on Friday, February 28th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $17.00 price objective on shares of NCR Voyix in a research note on Tuesday, March 25th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, NCR Voyix has an average rating of “Moderate Buy” and a consensus price target of $15.17.

NCR Voyix Price Performance

NCR Voyix stock opened at $8.69 on Wednesday. The company’s 50 day moving average is $9.25 and its two-hundred day moving average is $11.98. The firm has a market cap of $1.21 billion, a PE ratio of 2.01 and a beta of 1.52. The company has a quick ratio of 1.06, a current ratio of 1.20 and a debt-to-equity ratio of 1.09. NCR Voyix Co. has a 52-week low of $7.55 and a 52-week high of $15.34.

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.