Sei Investments Co. Has $3.09 Million Holdings in V2X, Inc. (NYSE:VVX)

Sei Investments Co. trimmed its position in shares of V2X, Inc. (NYSE:VVX - Free Report) by 7.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 64,609 shares of the company's stock after selling 5,393 shares during the period. Sei Investments Co. owned 0.20% of V2X worth $3,090,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Barclays PLC lifted its stake in V2X by 119.8% in the 3rd quarter. Barclays PLC now owns 27,727 shares of the company's stock valued at $1,550,000 after purchasing an additional 15,110 shares during the last quarter. Assenagon Asset Management S.A. increased 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 last quarter. Intech Investment Management LLC acquired a new position in shares of V2X during the 3rd quarter worth approximately $284,000. Charles Schwab Investment Management Inc. raised its stake in 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 acquiring an additional 19,524 shares during the period. Finally, Jane Street Group LLC grew its stake in V2X by 37.4% in the 3rd quarter. Jane Street Group LLC now owns 17,636 shares of the company's stock valued at $985,000 after buying an additional 4,799 shares during the last quarter. 95.18% of the stock is owned by institutional investors.

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Analysts Set New Price Targets

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

V2X Price Performance

Shares of V2X stock traded down $0.19 on Monday, reaching $45.27. 70,932 shares of the stock were exchanged, compared to its average volume of 179,207. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.08 and a current ratio of 1.08. The firm has a market cap of $1.43 billion, a PE ratio of 161.47, a P/E/G ratio of 0.61 and a beta of 0.45. The firm's 50 day moving average is $48.54 and its 200-day moving average is $54.03. V2X, Inc. has a one year low of $41.08 and a one year high of $69.75.

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.