Thoroughbred Financial Services LLC acquired a new stake in shares of V2X, Inc. (NYSE:VVX – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 6,526 shares of the company’s stock, valued at approximately $486,000.
A number of other large investors also recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its holdings in V2X by 12.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,503,707 shares of the company’s stock worth $103,001,000 after buying an additional 169,980 shares during the period. Bank of America Corp DE raised its holdings in V2X by 26.5% during the first quarter. Bank of America Corp DE now owns 517,369 shares of the company’s stock valued at $35,440,000 after acquiring an additional 108,430 shares during the period. Lazard Asset Management LLC raised its holdings in V2X by 36.9% during the first quarter. Lazard Asset Management LLC now owns 51,576 shares of the company’s stock valued at $3,533,000 after acquiring an additional 13,911 shares during the period. Walleye Capital LLC purchased a new position in shares of V2X in the first quarter valued at about $2,438,000. Finally, Principal Financial Group Inc. lifted its position in shares of V2X by 55.1% in the first quarter. Principal Financial Group Inc. now owns 49,181 shares of the company’s stock valued at $3,369,000 after acquiring an additional 17,474 shares in the last quarter. Hedge funds and other institutional investors own 95.18% of the company’s stock.
V2X Stock Down 0.4%
VVX opened at $78.68 on Friday. The firm has a 50-day simple moving average of $80.22 and a two-hundred day simple moving average of $74.33. V2X, Inc. has a 52 week low of $50.89 and a 52 week high of $93.98. The company has a market capitalization of $2.47 billion, a PE ratio of 27.13, a price-to-earnings-growth ratio of 0.62 and a beta of 0.21. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.92.
Wall Street Analyst Weigh In
VVX has been the subject of several research analyst reports. Raymond James Financial cut V2X from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 24th. Robert W. Baird reissued a “neutral” rating and issued a $94.00 price target on shares of V2X in a report on Tuesday, August 4th. Citizens Jmp upped their price target on V2X from $90.00 to $102.00 and gave the stock a “market outperform” rating in a research note on Tuesday, July 28th. Wall Street Zen lowered shares of V2X from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Finally, Citigroup reiterated a “market outperform” rating on shares of V2X in a research report on Tuesday, July 28th. Six analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $86.90.
Get Our Latest Research Report on VVX
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.
See Also
- Five stocks we like better than V2X
- Blueprint for a Boom: SEC Clears the Crypto Runway
- Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss
- Advance Auto Parts Plunged, But Its Turnaround Is Still Working
- Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates?
Want to see what other hedge funds are holding VVX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for V2X, Inc. (NYSE:VVX – Free Report).
Receive News & Ratings for V2X Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for V2X and related companies with MarketBeat.com's FREE daily email newsletter.
