Invesco Ltd. grew its position in shares of V2X, Inc. (NYSE:VVX - Free Report) by 8.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 226,305 shares of the company's stock after buying an additional 17,232 shares during the period. Invesco Ltd. owned 0.72% of V2X worth $10,824,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in VVX. Corebridge Financial Inc. boosted its position in V2X by 7.1% during the fourth quarter. Corebridge Financial Inc. now owns 7,044 shares of the company's stock worth $337,000 after purchasing an additional 470 shares during the period. LPL Financial LLC grew its stake in V2X by 11.0% in 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. Edmond DE Rothschild Holding S.A. raised its holdings in V2X by 15.3% during the 4th quarter. Edmond DE Rothschild Holding S.A. now owns 4,204 shares of the company's stock valued at $201,000 after acquiring an additional 558 shares during the period. Harel Insurance Investments & Financial Services Ltd. lifted its position 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 worth $114,000 after acquiring an additional 814 shares in the last quarter. Finally, Rhumbline Advisers boosted its holdings in shares of V2X by 5.0% in the fourth quarter. Rhumbline Advisers now owns 21,239 shares of the company's stock worth $1,016,000 after acquiring an additional 1,004 shares during the period. Institutional investors own 95.18% of the company's stock.
V2X Stock Up 1.3 %
VVX opened at $47.44 on Wednesday. The business's fifty day simple moving average is $47.79 and its 200 day simple moving average is $53.29. V2X, Inc. has a 52 week low of $41.08 and a 52 week 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 stock has a market cap of $1.50 billion, a PE ratio of 169.44, a P/E/G ratio of 0.61 and a beta of 0.45.
Analyst Ratings Changes
VVX has been the topic of a number of analyst reports. Morgan Stanley initiated coverage on V2X in a research note on Wednesday, April 16th. They set an "underweight" rating and a $51.00 price objective on the stock. Citigroup began coverage on shares of V2X in a report on Tuesday, January 21st. They issued a "buy" rating and a $64.00 price target on the stock. Truist Financial reduced their price objective on shares of V2X from $68.00 to $55.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Raymond James lowered their target price on shares of V2X from $65.00 to $60.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 25th. Finally, JMP Securities restated a "market outperform" rating and set a $80.00 price target on shares of V2X in a research report on Friday, January 17th. Two research analysts have rated the stock with a sell rating, two have given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, V2X currently has a consensus rating of "Moderate Buy" and a consensus target price of $62.90.
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About V2X
(
Free Report)
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.
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