V2X, Inc. (NYSE:VVX) Shares Sold by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership reduced its stake in shares of V2X, Inc. (NYSE:VVX - Free Report) by 9.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 56,701 shares of the company's stock after selling 6,225 shares during the period. Arrowstreet Capital Limited Partnership owned 0.18% of V2X worth $2,712,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Charles Schwab Investment Management Inc. raised its stake in V2X by 1.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 122,361 shares of the company's stock worth $6,835,000 after purchasing an additional 2,207 shares during the period. BNP Paribas Financial Markets raised its position in shares of V2X by 36.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 17,021 shares of the company's stock worth $951,000 after buying an additional 4,589 shares during the period. Verition Fund Management LLC purchased a new position in shares of V2X in the 3rd quarter worth $625,000. Quadrature Capital Ltd purchased a new stake in V2X during the third quarter valued at about $207,000. Finally, Jane Street Group LLC increased its stake in V2X by 37.4% during the third quarter. Jane Street Group LLC now owns 17,636 shares of the company's stock worth $985,000 after acquiring an additional 4,799 shares during the last quarter. 95.18% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently commented on VVX. Truist Financial cut their price target on shares of V2X from $68.00 to $55.00 and set a "buy" rating on the stock in a report on Monday. JMP Securities restated a "market outperform" rating and set a $80.00 target price on shares of V2X in a report on Friday, January 17th. Raymond James lowered their price target on V2X from $65.00 to $60.00 and set an "outperform" rating for the company in a report on Tuesday, February 25th. Royal Bank of Canada reduced their price objective on V2X from $58.00 to $54.00 and set a "sector perform" rating on the stock in a research note on Tuesday, February 25th. Finally, Citigroup started coverage on V2X in a research report on Tuesday, January 21st. They issued a "buy" rating and a $64.00 target price for the company. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, V2X has an average rating of "Moderate Buy" and a consensus price target of $64.22.

V2X Stock Down 0.5 %

VVX traded down $0.24 on Tuesday, reaching $49.76. The company's stock had a trading volume of 11,318 shares, compared to its average volume of 249,418. V2X, Inc. has a 1 year low of $41.08 and a 1 year high of $69.75. The business's 50 day moving average is $47.90 and its 200 day moving average is $53.65. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.08 and a quick ratio of 1.08. The stock has a market cap of $1.57 billion, a price-to-earnings ratio of 177.73, a price-to-earnings-growth ratio of 0.61 and a beta of 0.45.

V2X Profile

V2X, Inc provides critical mission solutions and support services to defense clients worldwide. It offers a suite of integrated solutions across the operations and logistics, aerospace, training, and technology markets to national security, defense, civilian, and international clients. The company was incorporated in 2014 and is headquartered in Mclean, Virginia.