Geode Capital Management LLC Buys 46,932 Shares of V2X, Inc. (NYSE:VVX)

Geode Capital Management LLC raised its stake in V2X, Inc. (NYSE:VVX - Free Report) by 17.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 321,179 shares of the company's stock after buying an additional 46,932 shares during the period. Geode Capital Management LLC owned approximately 1.02% of V2X worth $15,366,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of VVX. Corebridge Financial Inc. increased its position in shares of V2X by 7.1% in the fourth quarter. Corebridge Financial Inc. now owns 7,044 shares of the company's stock worth $337,000 after acquiring an additional 470 shares in the last quarter. LPL Financial LLC boosted its stake in V2X by 11.0% in the 4th quarter. LPL Financial LLC now owns 5,112 shares of the company's stock worth $245,000 after purchasing an additional 508 shares during the period. Edmond DE Rothschild Holding S.A. grew its position 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 worth $201,000 after purchasing an additional 558 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its stake in V2X by 51.9% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,382 shares of the company's stock valued at $114,000 after purchasing an additional 814 shares during the period. Finally, Rhumbline Advisers raised its stake in V2X by 5.0% during the 4th quarter. Rhumbline Advisers now owns 21,239 shares of the company's stock valued at $1,016,000 after purchasing an additional 1,004 shares during the period. Institutional investors own 95.18% of the company's stock.

V2X Stock Up 0.8 %

NYSE VVX traded up $0.40 during trading on Wednesday, reaching $47.80. The company's stock had a trading volume of 118,365 shares, compared to its average volume of 184,035. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.09. The stock has a market capitalization of $1.51 billion, a PE ratio of 170.72, a PEG 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 business has a 50-day moving average price of $47.79 and a 200-day moving average price of $53.29.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on VVX. Morgan Stanley started coverage on V2X in a report on Wednesday, April 16th. They set an "underweight" rating and a $51.00 price target on the stock. Truist Financial lowered their target price on V2X from $68.00 to $55.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. JMP Securities reissued a "market outperform" rating and issued a $80.00 price target on shares of V2X in a research report on Friday, January 17th. Citigroup initiated coverage on shares of V2X in a research report on Tuesday, January 21st. They set a "buy" rating and a $64.00 price objective on the stock. Finally, Raymond James dropped their price objective 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. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $62.90.

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.