Trexquant Investment LP Makes New Investment in V2X, Inc. (NYSE:VVX)

Trexquant Investment LP acquired a new position in shares of V2X, Inc. (NYSE:VVX - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 34,070 shares of the company's stock, valued at approximately $1,630,000. Trexquant Investment LP owned 0.11% of V2X at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of V2X by 19.1% during the 4th quarter. Vanguard Group Inc. now owns 898,112 shares of the company's stock worth $42,957,000 after purchasing an additional 144,029 shares in the last quarter. JPMorgan Chase & Co. grew its stake in V2X by 1.4% during the fourth quarter. JPMorgan Chase & Co. now owns 345,411 shares of the company's stock worth $16,521,000 after buying an additional 4,618 shares in the last quarter. Geode Capital Management LLC increased its holdings in V2X by 17.1% in the 4th quarter. Geode Capital Management LLC now owns 321,179 shares of the company's stock valued at $15,366,000 after buying an additional 46,932 shares during the period. Victory Capital Management Inc. acquired a new position in shares of V2X in the 4th quarter valued at approximately $13,947,000. Finally, Assenagon Asset Management S.A. lifted its holdings in shares of V2X by 1,014.6% during the 4th quarter. Assenagon Asset Management S.A. now owns 231,592 shares of the company's stock worth $11,077,000 after acquiring an additional 210,814 shares during the period. Institutional investors own 95.18% of the company's stock.

V2X Trading Down 1.4 %

VVX traded down $0.68 during trading on Tuesday, reaching $49.32. 14,400 shares of the stock traded hands, compared to its average volume of 182,301. 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's 50-day moving average is $47.90 and its 200 day moving average is $53.65. V2X, Inc. has a 12 month low of $41.08 and a 12 month high of $69.75. The stock has a market capitalization of $1.56 billion, a PE ratio of 176.47, a P/E/G ratio of 0.61 and a beta of 0.45.

Analyst Ratings Changes

A number of research firms have issued reports on VVX. Raymond James decreased their target price on V2X from $65.00 to $60.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 25th. JMP Securities reiterated a "market outperform" rating and set a $80.00 price objective on shares of V2X in a research report on Friday, January 17th. Royal Bank of Canada cut their target price on shares of V2X from $58.00 to $54.00 and set a "sector perform" rating on the stock in a research report on Tuesday, February 25th. Citigroup began coverage on V2X in a research note on Tuesday, January 21st. They issued a "buy" rating and a $64.00 price target for the company. Finally, Truist Financial reduced their price objective on V2X from $68.00 to $55.00 and set a "buy" rating on the stock in a research report on Monday. One analyst has rated the stock with a sell rating, two have assigned a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $64.22.

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.