Pitcairn Co. Purchases Shares of 36,149 V2X, Inc. (NYSE:VVX)

Pitcairn Co. acquired a new position in V2X, Inc. (NYSE:VVX - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 36,149 shares of the company's stock, valued at approximately $1,729,000. Pitcairn Co. owned about 0.11% of V2X at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Harel Insurance Investments & Financial Services Ltd. grew its holdings 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 worth $114,000 after purchasing an additional 814 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new stake in V2X in the 4th quarter valued at about $134,000. Edmond DE Rothschild Holding S.A. grew its stake in V2X by 15.3% in the 4th quarter. Edmond DE Rothschild Holding S.A. now owns 4,204 shares of the company's stock worth $201,000 after acquiring an additional 558 shares in the last quarter. Quadrature Capital Ltd purchased a new position in shares of V2X during the third quarter worth approximately $207,000. Finally, Paloma Partners Management Co bought a new stake in shares of V2X during the third quarter valued at approximately $219,000. Hedge funds and other institutional investors own 95.18% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on VVX. Royal Bank of Canada reduced their price objective on V2X from $58.00 to $54.00 and set a "sector perform" rating on the stock in a report on Tuesday, February 25th. Citigroup began coverage on V2X in a research note on Tuesday, January 21st. They set a "buy" rating and a $64.00 price target on the stock. Raymond James lowered their price objective on shares of V2X from $65.00 to $60.00 and set an "outperform" rating for the company in a research note on Tuesday, February 25th. The Goldman Sachs Group began coverage on shares of V2X in a research report on Thursday, December 12th. They set a "sell" rating and a $54.00 target price on the stock. Finally, JMP Securities reaffirmed a "market outperform" rating and issued a $80.00 price target on shares of V2X in a research report on Friday, January 17th. One analyst has rated the stock with a sell rating, two have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $65.38.

V2X Stock Up 1.7 %

Shares of V2X stock traded up $0.78 on Wednesday, reaching $46.44. The stock had a trading volume of 43,853 shares, compared to its average volume of 180,010. 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 capitalization of $1.47 billion, a P/E ratio of 165.86, a P/E/G ratio of 0.61 and a beta of 0.45. The company has a 50 day moving average price of $48.11 and a 200 day moving average price of $53.84. V2X, Inc. has a 1 year low of $41.08 and a 1 year high of $69.75.

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.