Rice Hall James & Associates LLC purchased a new stake in V2X, Inc. (NYSE:VVX – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 28,733 shares of the company’s stock, valued at approximately $2,142,000. Rice Hall James & Associates LLC owned 0.09% of V2X as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Wellington Management Group LLP lifted its position in V2X by 842.1% during the 3rd quarter. Wellington Management Group LLP now owns 803,517 shares of the company’s stock worth $46,676,000 after acquiring an additional 718,225 shares in the last quarter. Boston Partners grew its holdings in V2X by 5,323.3% during the 3rd quarter. Boston Partners now owns 553,235 shares of the company’s stock valued at $32,139,000 after purchasing an additional 543,034 shares in the last quarter. Reinhart Partners LLC. increased its stake in V2X by 60.6% during the 4th quarter. Reinhart Partners LLC. now owns 1,429,211 shares of the company’s stock worth $77,964,000 after buying an additional 539,209 shares during the period. William Blair Investment Management LLC purchased a new stake in V2X during the 4th quarter worth $25,685,000. Finally, Bank of America Corp DE lifted its holdings in V2X by 727.4% in the 3rd quarter. Bank of America Corp DE now owns 466,863 shares of the company’s stock worth $27,120,000 after buying an additional 410,438 shares in the last quarter. 95.18% of the stock is owned by institutional investors and hedge funds.
V2X Stock Down 1.7%
VVX stock opened at $81.25 on Wednesday. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.92. V2X, Inc. has a fifty-two week low of $50.89 and a fifty-two week high of $93.98. The firm’s 50-day simple moving average is $80.76 and its 200 day simple moving average is $74.13. The stock has a market cap of $2.55 billion, a PE ratio of 28.02, a price-to-earnings-growth ratio of 0.65 and a beta of 0.21.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on the stock. Citigroup reaffirmed a “market outperform” rating on shares of V2X in a report on Tuesday, July 28th. Citizens Jmp raised their price objective on shares of V2X from $90.00 to $102.00 and gave the stock a “market outperform” rating in a report on Tuesday, July 28th. BTIG Research reissued a “buy” rating and issued a $90.00 target price on shares of V2X in a research report on Wednesday, May 27th. Stifel Nicolaus set a $102.00 target price on shares of V2X in a research note on Tuesday, August 4th. Finally, Royal Bank Of Canada increased their price target on shares of V2X from $70.00 to $75.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 5th. Six analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $86.90.
Read Our Latest Analysis on VVX
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.
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