Schroder Investment Management Group Cuts Stock Holdings in V2X, Inc. (NYSE:VVX)

Schroder Investment Management Group reduced its position in V2X, Inc. (NYSE:VVX - Free Report) by 31.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 188,494 shares of the company's stock after selling 84,507 shares during the period. Schroder Investment Management Group owned 0.60% of V2X worth $9,087,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Harel Insurance Investments & Financial Services Ltd. lifted its position in V2X by 51.9% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,382 shares of the company's stock valued at $114,000 after acquiring an additional 814 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new stake in shares of V2X during the 4th quarter valued at $134,000. Quadrature Capital Ltd purchased a new stake in shares of V2X during the 3rd quarter valued at $207,000. Paloma Partners Management Co acquired a new stake in shares of V2X in the 3rd quarter worth $219,000. Finally, LPL Financial LLC grew its stake in V2X by 11.0% during the 4th quarter. LPL Financial LLC now owns 5,112 shares of the company's stock worth $245,000 after buying an additional 508 shares during the last quarter. Hedge funds and other institutional investors own 95.18% of the company's stock.

Analyst Upgrades and Downgrades

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

V2X Stock Performance

NYSE VVX traded up $4.17 on Wednesday, hitting $49.83. 287,260 shares of the company's stock traded hands, compared to its average volume of 181,484. The firm has a market capitalization of $1.57 billion, a PE ratio of 177.97, a P/E/G ratio of 0.61 and a beta of 0.45. V2X, Inc. has a 1-year low of $41.08 and a 1-year high of $69.75. The firm's 50-day moving average price is $48.03 and its two-hundred day moving average price is $53.78. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.09.

About V2X

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.