Dark Forest Capital Management LP Takes Position in V2X, Inc. (NYSE:VVX)

Dark Forest Capital Management LP bought a new position in V2X, Inc. (NYSE:VVX - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 13,977 shares of the company's stock, valued at approximately $669,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. FMR LLC raised its stake in V2X by 23.8% during the fourth quarter. FMR LLC now owns 3,712,196 shares of the company's stock worth $177,554,000 after acquiring an additional 714,722 shares in the last quarter. Victory Capital Management Inc. bought a new position in V2X during the 4th quarter valued at about $13,947,000. Assenagon Asset Management S.A. boosted its position in V2X by 1,014.6% in the fourth quarter. Assenagon Asset Management S.A. now owns 231,592 shares of the company's stock valued at $11,077,000 after buying an additional 210,814 shares in the last quarter. Vanguard Group Inc. grew its stake in V2X by 19.1% during the fourth quarter. Vanguard Group Inc. now owns 898,112 shares of the company's stock worth $42,957,000 after buying an additional 144,029 shares during the last quarter. Finally, Barclays PLC increased its holdings in shares of V2X by 416.6% during the fourth quarter. Barclays PLC now owns 143,242 shares of the company's stock worth $6,853,000 after buying an additional 115,515 shares in the last quarter. Institutional investors own 95.18% of the company's stock.

Wall Street Analyst Weigh In

VVX has been the topic of a number of research analyst reports. Morgan Stanley began coverage on V2X in a research report on Wednesday, April 16th. They set an "underweight" rating and a $51.00 price target on the stock. Raymond James cut 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. Citigroup initiated coverage on shares of V2X in a report on Tuesday, January 21st. They set a "buy" rating and a $64.00 price objective on the stock. Royal Bank of Canada dropped their target price 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. Finally, JMP Securities reissued a "market outperform" rating and set a $80.00 price target on shares of V2X in a research note on Friday, January 17th. Two research analysts have rated the stock with a sell rating, two have given a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, V2X has a consensus rating of "Moderate Buy" and an average target price of $62.90.

V2X Stock Up 0.6 %

Shares of V2X stock traded up $0.31 on Monday, reaching $50.12. 107,755 shares of the company were exchanged, compared to its average volume of 184,986. The company has a market capitalization of $1.58 billion, a price-to-earnings ratio of 179.01, a PEG ratio of 0.61 and a beta of 0.45. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.09. V2X, Inc. has a one year low of $41.08 and a one year high of $69.75. The company has a 50-day moving average of $48.15 and a 200 day moving average of $52.93.

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.