V2X, Inc. (NYSE:VVX) Shares Purchased by Quantbot Technologies LP

Quantbot Technologies LP boosted its holdings in shares of V2X, Inc. (NYSE:VVX) by 273.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,489 shares of the company’s stock after acquiring an additional 13,544 shares during the period. Quantbot Technologies LP owned about 0.06% of V2X worth $884,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of VVX. Intech Investment Management LLC purchased a new position in shares of V2X during the 3rd quarter worth approximately $284,000. Charles Schwab Investment Management Inc. increased its position in V2X by 1.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 122,361 shares of the company’s stock worth $6,835,000 after buying an additional 2,207 shares in the last quarter. FMR LLC raised its holdings in shares of V2X by 17.2% in the third quarter. FMR LLC now owns 2,997,474 shares of the company’s stock worth $167,439,000 after acquiring an additional 439,852 shares during the last quarter. BNP Paribas Financial Markets lifted its position in shares of V2X by 36.9% in the third quarter. BNP Paribas Financial Markets now owns 17,021 shares of the company’s stock valued at $951,000 after acquiring an additional 4,589 shares in the last quarter. Finally, Martingale Asset Management L P boosted its stake in shares of V2X by 20.1% during the third quarter. Martingale Asset Management L P now owns 11,482 shares of the company’s stock valued at $641,000 after acquiring an additional 1,920 shares during the last quarter. Hedge funds and other institutional investors own 95.18% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on VVX. Raymond James reduced their target price on shares of V2X from $65.00 to $60.00 and set an “outperform” rating on the stock in a report on Tuesday, February 25th. Citigroup initiated coverage on shares of V2X in a research report on Tuesday, January 21st. They set a “buy” rating and a $64.00 target price on the stock. JMP Securities reiterated a “market outperform” rating and issued a $80.00 price target on shares of V2X in a report on Friday, January 17th. The Goldman Sachs Group assumed coverage on V2X in a report on Thursday, December 12th. They set a “sell” rating and a $54.00 price objective on the stock. Finally, Royal Bank of Canada dropped their target price on V2X from $58.00 to $54.00 and set a “sector perform” rating for the company in a research note on Tuesday, February 25th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $65.38.

V2X Stock Down 0.1 %

VVX stock opened at $50.81 on Thursday. 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 firm has a 50 day simple moving average of $49.14 and a 200-day simple moving average of $54.06. The company has a market capitalization of $1.60 billion, a P/E ratio of 181.45, a PEG ratio of 0.61 and a beta of 0.61. V2X, Inc. has a twelve month low of $41.08 and a twelve month high of $69.75.

About V2X

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.