Bullseye Asset Management LLC Makes New Investment in V2X, Inc. (NYSE:VVX)

Bullseye Asset Management LLC acquired a new position in shares of V2X, Inc. (NYSE:VVX - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 52,100 shares of the company's stock, valued at approximately $2,492,000. Bullseye Asset Management LLC owned about 0.17% of V2X as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Summit Investment Advisors Inc. grew its position in shares of V2X by 24.1% in the fourth quarter. Summit Investment Advisors Inc. now owns 1,482 shares of the company's stock valued at $71,000 after purchasing an additional 288 shares during the period. Harel Insurance Investments & Financial Services Ltd. grew its position in shares of V2X by 51.9% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,382 shares of the company's stock valued at $114,000 after purchasing an additional 814 shares during the period. KLP Kapitalforvaltning AS acquired a new stake in V2X during the fourth quarter worth about $134,000. Edmond DE Rothschild Holding S.A. grew its holdings in shares of V2X by 15.3% during the 4th quarter. Edmond DE Rothschild Holding S.A. now owns 4,204 shares of the company's stock worth $201,000 after purchasing an additional 558 shares during the period. Finally, Nebula Research & Development LLC purchased a new stake in shares of V2X during the 4th quarter worth about $203,000. Hedge funds and other institutional investors own 95.18% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on VVX. Raymond James decreased their target price 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 target on V2X from $58.00 to $54.00 and set a "sector perform" rating on the stock in a research report on Tuesday, February 25th. Citigroup started coverage on V2X in a research report on Tuesday, January 21st. They set a "buy" rating and a $64.00 price target on the stock. JMP Securities reissued a "market outperform" rating and set a $80.00 price target on shares of V2X in a research report on Friday, January 17th. Finally, Truist Financial reduced their price target on V2X from $68.00 to $55.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Two analysts have rated the stock with a sell rating, two have given a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, V2X currently has a consensus rating of "Moderate Buy" and an average price target of $62.90.

V2X Stock Up 0.6 %

Shares of VVX stock traded up $0.31 during mid-day trading on Monday, reaching $50.12. 107,755 shares of the company were exchanged, compared to its average volume of 184,986. V2X, Inc. has a fifty-two week low of $41.08 and a fifty-two week high of $69.75. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.08 and a current ratio of 1.08. The company has a market capitalization of $1.58 billion, a P/E ratio of 179.01, a P/E/G ratio of 0.61 and a beta of 0.45. The business's 50 day simple moving average is $48.15 and its 200 day simple moving average is $52.93.

V2X Company 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.