Quantbot Technologies LP Buys 13,544 Shares of V2X, Inc. (NYSE:VVX)

Quantbot Technologies LP grew its stake in shares of V2X, Inc. (NYSE:VVX - Free Report) by 273.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,489 shares of the company's stock after buying an additional 13,544 shares during the period. Quantbot Technologies LP owned approximately 0.06% of V2X worth $884,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Barclays PLC boosted its stake in V2X by 119.8% during the 3rd quarter. Barclays PLC now owns 27,727 shares of the company's stock worth $1,550,000 after acquiring an additional 15,110 shares during the last quarter. Assenagon Asset Management S.A. boosted its position in shares of V2X by 1,014.6% during the fourth 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 in the last quarter. Intech Investment Management LLC acquired a new position in shares of V2X in the 3rd quarter valued at $284,000. Charles Schwab Investment Management Inc. increased its position in shares of V2X by 16.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 141,885 shares of the company's stock valued at $6,786,000 after buying an additional 19,524 shares in the last quarter. Finally, Jane Street Group LLC raised its stake in V2X by 37.4% during the 3rd quarter. Jane Street Group LLC now owns 17,636 shares of the company's stock worth $985,000 after buying an additional 4,799 shares during the period. 95.18% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. JMP Securities reissued a "market outperform" rating and issued a $80.00 target price on shares of V2X in a research note on Friday, January 17th. The Goldman Sachs Group assumed coverage on V2X in a research report on Thursday, December 12th. They issued a "sell" rating and a $54.00 price objective for the company. Royal Bank of Canada dropped their target price on shares of V2X from $58.00 to $54.00 and set a "sector perform" rating on the stock in a report on Tuesday, February 25th. Raymond James reduced their price target on shares of V2X from $65.00 to $60.00 and set an "outperform" rating for the company in a report on Tuesday, February 25th. Finally, Citigroup started coverage on shares of V2X in a research report on Tuesday, January 21st. They set a "buy" rating and a $64.00 price objective for the company. One investment 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 stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $65.38.

V2X Stock Down 2.9 %

Shares of VVX traded down $1.50 during mid-day trading on Friday, hitting $49.51. 160,748 shares of the company's stock were exchanged, compared to its average volume of 176,392. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.08 and a quick ratio of 1.08. V2X, Inc. has a 52 week low of $41.08 and a 52 week high of $69.75. The company has a market cap of $1.56 billion, a PE ratio of 176.82, a P/E/G ratio of 0.61 and a beta of 0.61. The company has a 50-day simple moving average of $49.06 and a 200 day simple moving average of $54.12.

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.