V2X, Inc. (NYSE:VVX) Shares Purchased by Prescott Group Capital Management L.L.C.

Prescott Group Capital Management L.L.C. grew its stake in V2X, Inc. (NYSE:VVX - Free Report) by 6.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 99,705 shares of the company's stock after acquiring an additional 6,310 shares during the period. Prescott Group Capital Management L.L.C. owned 0.32% of V2X worth $4,769,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Barclays PLC lifted its position in shares of V2X by 119.8% in the 3rd quarter. Barclays PLC now owns 27,727 shares of the company's stock worth $1,550,000 after purchasing an additional 15,110 shares during the period. Assenagon Asset Management S.A. lifted its position in shares of V2X by 1,014.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 231,592 shares of the company's stock worth $11,077,000 after purchasing an additional 210,814 shares during the period. Intech Investment Management LLC purchased a new stake in shares of V2X in the 3rd quarter worth approximately $284,000. Jane Street Group LLC lifted its position in shares of V2X by 37.4% in the 3rd quarter. Jane Street Group LLC now owns 17,636 shares of the company's stock worth $985,000 after purchasing an additional 4,799 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in shares of V2X by 9.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 340,793 shares of the company's stock worth $19,037,000 after purchasing an additional 29,869 shares during the period. 95.18% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

VVX has been the subject of several research reports. BTIG Research initiated coverage on shares of V2X in a research report on Monday, November 25th. They issued a "buy" rating and a $80.00 price target for the company. Raymond James lowered their price target on shares of V2X from $65.00 to $60.00 and set an "outperform" rating for the company in a research report on Tuesday, February 25th. Citigroup assumed coverage on shares of V2X in a research report on Tuesday, January 21st. They issued a "buy" rating and a $64.00 price target for the company. The Goldman Sachs Group assumed coverage on shares of V2X in a research report on Thursday, December 12th. They set a "sell" rating and a $54.00 target price for the company. Finally, JMP Securities reissued a "market outperform" rating and set a $80.00 target price on shares of V2X in a research report on Friday, January 17th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $65.38.

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V2X Stock Performance

Shares of NYSE VVX traded up $0.83 during midday trading on Friday, reaching $47.04. The company had a trading volume of 264,420 shares, compared to its average volume of 233,219. The business's 50-day simple moving average is $48.66 and its 200 day simple moving average is $54.48. The stock has a market cap of $1.48 billion, a P/E ratio of 168.01, a P/E/G ratio of 0.61 and a beta of 0.61. V2X, Inc. has a 1 year low of $41.08 and a 1 year high of $69.75. 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 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.