Boston Partners Sells 93,103 Shares of V2X, Inc. (NYSE:VVX)

Boston Partners lessened its holdings in V2X, Inc. (NYSE:VVX - Free Report) by 26.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 262,884 shares of the company's stock after selling 93,103 shares during the quarter. Boston Partners owned approximately 0.83% of V2X worth $12,582,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of V2X by 51.9% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,382 shares of the company's stock valued at $114,000 after acquiring an additional 814 shares during the last quarter. Rhumbline Advisers increased its holdings in V2X by 5.0% in the fourth quarter. Rhumbline Advisers now owns 21,239 shares of the company's stock valued at $1,016,000 after purchasing an additional 1,004 shares during the period. Olympiad Research LP raised its position in V2X by 19.1% during the 4th quarter. Olympiad Research LP now owns 6,382 shares of the company's stock worth $305,000 after purchasing an additional 1,022 shares during the last quarter. Martingale Asset Management L P lifted its holdings in V2X by 20.1% during the 3rd quarter. Martingale Asset Management L P now owns 11,482 shares of the company's stock worth $641,000 after buying an additional 1,920 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in shares of V2X by 1.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 122,361 shares of the company's stock valued at $6,835,000 after buying an additional 2,207 shares during the last quarter. 95.18% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on VVX. Royal Bank of Canada lowered their price objective on V2X from $58.00 to $54.00 and set a "sector perform" rating for the company in a research report on Tuesday, February 25th. BTIG Research began coverage on shares of V2X in a report on Monday, November 25th. They set a "buy" rating and a $80.00 price target for the company. JMP Securities reaffirmed a "market outperform" rating and issued a $80.00 price objective on shares of V2X in a research note on Friday, January 17th. The Goldman Sachs Group initiated coverage on shares of V2X in a research report on Thursday, December 12th. They set a "sell" rating and a $54.00 price objective for the company. Finally, Citigroup began coverage on shares of V2X in a report on Tuesday, January 21st. They issued a "buy" rating and a $64.00 target price on the stock. One research analyst has rated the stock with a sell rating, two have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $65.38.

V2X Stock Up 0.5 %

NYSE:VVX traded up $0.23 during trading hours on Tuesday, reaching $50.88. The company had a trading volume of 202,042 shares, compared to its average volume of 170,531. V2X, Inc. has a twelve month low of $41.08 and a twelve month high of $69.75. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.09. The firm has a market cap of $1.61 billion, a price-to-earnings ratio of 181.72, a P/E/G ratio of 0.61 and a beta of 0.61. The business's 50-day simple moving average is $49.12 and its two-hundred day simple moving average is $54.06.

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.