Hollencrest Capital Management Sells 7,500 Shares of NCR Voyix Co. (NYSE:VYX)

Hollencrest Capital Management lessened its stake in NCR Voyix Co. (NYSE:VYX) by 10.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 67,500 shares of the company’s stock after selling 7,500 shares during the period. Hollencrest Capital Management’s holdings in NCR Voyix were worth $934,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Engaged Capital LLC lifted its stake in shares of NCR Voyix by 14.1% in the third quarter. Engaged Capital LLC now owns 7,171,029 shares of the company’s stock valued at $97,311,000 after buying an additional 885,000 shares during the period. FMR LLC lifted its stake in shares of NCR Voyix by 9.1% in the third quarter. FMR LLC now owns 7,157,231 shares of the company’s stock valued at $97,124,000 after buying an additional 596,254 shares during the period. State Street Corp lifted 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. Victory Capital Management Inc. lifted its stake in shares of NCR Voyix by 15.3% in the fourth quarter. Victory Capital Management Inc. now owns 4,693,119 shares of the company’s stock valued at $64,953,000 after buying an additional 621,303 shares during the period. Finally, Geode Capital Management LLC lifted its stake in shares of NCR Voyix by 2.7% in the third quarter. Geode Capital Management LLC now owns 3,266,734 shares of the company’s stock valued at $44,338,000 after buying an additional 86,709 shares during the period. Institutional investors own 97.00% of the company’s stock.

NCR Voyix Stock Performance

NYSE:VYX opened at $9.98 on Wednesday. NCR Voyix Co. has a 1 year low of $9.87 and a 1 year high of $15.34. The firm has a 50 day moving average of $12.43 and a 200-day moving average of $13.25. The company has a current ratio of 1.20, a quick ratio of 1.06 and a debt-to-equity ratio of 1.09. The stock has a market capitalization of $1.39 billion, a P/E ratio of 2.31 and a beta of 1.56.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC decreased their price objective on NCR Voyix from $20.00 to $15.00 and set a “buy” rating on the stock in a report on Friday, February 28th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $15.71.

NCR Voyix 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.