Barclays PLC Boosts Stock Position in V2X, Inc. (NYSE:VVX)

Barclays PLC boosted its position in V2X, Inc. (NYSE:VVX - Free Report) by 416.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 143,242 shares of the company's stock after buying an additional 115,515 shares during the quarter. Barclays PLC owned approximately 0.45% of V2X worth $6,853,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Summit Investment Advisors Inc. increased its holdings in V2X by 24.1% in the 4th quarter. Summit Investment Advisors Inc. now owns 1,482 shares of the company's stock worth $71,000 after acquiring an additional 288 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its position in V2X by 51.9% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,382 shares of the company's stock worth $114,000 after purchasing an additional 814 shares during the period. KLP Kapitalforvaltning AS purchased a new position in shares of V2X in the fourth quarter worth about $134,000. Edmond DE Rothschild Holding S.A. raised its position in shares of V2X by 15.3% in the fourth quarter. Edmond DE Rothschild Holding S.A. now owns 4,204 shares of the company's stock valued at $201,000 after purchasing an additional 558 shares during the period. Finally, LPL Financial LLC lifted its stake in shares of V2X by 11.0% during the 4th quarter. LPL Financial LLC now owns 5,112 shares of the company's stock valued at $245,000 after buying an additional 508 shares in the last quarter. 95.18% of the stock is currently owned by institutional investors.

V2X Price Performance

V2X stock traded up $0.31 during mid-day trading on Monday, hitting $50.12. 107,755 shares of the company traded hands, compared to its average volume of 184,986. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.08 and a current ratio of 1.08. V2X, Inc. has a one year low of $41.08 and a one year high of $69.75. The stock has a market cap of $1.58 billion, a price-to-earnings ratio of 179.01, a price-to-earnings-growth ratio of 0.61 and a beta of 0.45. The stock has a fifty day moving average price of $48.04 and a 200-day moving average price of $53.03.

Analysts Set New Price Targets

A number of brokerages have issued reports on VVX. Citigroup assumed coverage on shares of V2X in a report on Tuesday, January 21st. They set a "buy" rating and a $64.00 target price on the stock. Morgan Stanley started coverage on V2X in a research note on Wednesday, April 16th. They issued an "underweight" rating and a $51.00 target price for the company. Raymond James decreased their price target on V2X from $65.00 to $60.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 25th. JMP Securities reissued a "market outperform" rating and issued a $80.00 price target on shares of V2X in a report on Friday, January 17th. Finally, Royal Bank of Canada reduced their price objective on shares of V2X from $58.00 to $54.00 and set a "sector perform" rating for the company in a research note on Tuesday, February 25th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $62.90.

About V2X

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.