NCR Voyix Co. (NYSE:VYX) Shares Sold by Hollencrest Capital Management

Hollencrest Capital Management lessened its stake in shares of NCR Voyix Co. (NYSE:VYX) by 10.0% in the fourth quarter, according to its most recent filing with the SEC. The fund 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 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Penserra Capital Management LLC lifted its position in shares of NCR Voyix by 44.1% during the 3rd quarter. Penserra Capital Management LLC now owns 178,875 shares of the company’s stock valued at $2,427,000 after acquiring an additional 54,714 shares during the last quarter. Luxor Capital Group LP raised its stake in NCR Voyix by 88.9% during the 3rd quarter. Luxor Capital Group LP now owns 151,888 shares of the company’s stock valued at $2,061,000 after purchasing an additional 71,490 shares during the period. Engaged Capital LLC raised its stake in NCR Voyix by 14.1% during the 3rd quarter. Engaged Capital LLC now owns 7,171,029 shares of the company’s stock valued at $97,311,000 after purchasing an additional 885,000 shares during the period. MetLife Investment Management LLC raised its stake in NCR Voyix by 129.1% during the 3rd quarter. MetLife Investment Management LLC now owns 84,013 shares of the company’s stock valued at $1,140,000 after purchasing an additional 47,338 shares during the period. Finally, Pathstone Holdings LLC raised its stake in NCR Voyix by 651.1% during the 3rd quarter. Pathstone Holdings LLC now owns 211,551 shares of the company’s stock valued at $2,871,000 after purchasing an additional 183,387 shares during the period. Institutional investors and hedge funds own 97.00% of the company’s stock.

NCR Voyix Trading Down 3.3 %

NCR Voyix stock opened at $9.98 on Wednesday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.20 and a quick ratio of 1.06. The company has a market capitalization of $1.39 billion, a price-to-earnings ratio of 2.31 and a beta of 1.56. NCR Voyix Co. has a one year low of $9.87 and a one year high of $15.34. The company’s fifty day moving average price is $12.43 and its two-hundred day moving average price is $13.25.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC dropped 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 note on Friday, February 28th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, NCR Voyix presently has an average rating of “Moderate Buy” and an average price target of $15.71.

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.