Edmond DE Rothschild Holding S.A. lifted its stake in V2X, Inc. (NYSE:VVX – Free Report) by 15.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,204 shares of the company’s stock after purchasing an additional 558 shares during the quarter. Edmond DE Rothschild Holding S.A.’s holdings in V2X were worth $201,000 as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of VVX. Barclays PLC lifted its stake in shares of V2X by 119.8% during the third quarter. Barclays PLC now owns 27,727 shares of the company’s stock worth $1,550,000 after buying an additional 15,110 shares during the period. Assenagon Asset Management S.A. lifted its position in 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 period. Intech Investment Management LLC purchased a new stake in V2X during the 3rd quarter valued at about $284,000. Charles Schwab Investment Management Inc. increased its holdings in shares of V2X by 16.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 141,885 shares of the company’s stock valued at $6,786,000 after purchasing an additional 19,524 shares during the period. Finally, Jane Street Group LLC increased its holdings in shares of V2X by 37.4% in the third quarter. Jane Street Group LLC now owns 17,636 shares of the company’s stock valued at $985,000 after purchasing an additional 4,799 shares during the period. 95.18% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently commented on VVX shares. Royal Bank of Canada dropped their target price on V2X from $58.00 to $54.00 and set a “sector perform” rating on the stock in a research report on Tuesday, February 25th. JMP Securities reiterated a “market outperform” rating and issued a $80.00 price objective on shares of V2X in a research note on Friday, January 17th. Citigroup began coverage on shares of V2X in a research report on Tuesday, January 21st. They set a “buy” rating and a $64.00 target price for the company. The Goldman Sachs Group began coverage on V2X in a research report on Thursday, December 12th. They set a “sell” rating and a $54.00 price target on the stock. Finally, Raymond James decreased 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. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, V2X presently has a consensus rating of “Moderate Buy” and a consensus price target of $65.38.
V2X Trading Up 4.2 %
Shares of V2X stock opened at $50.82 on Thursday. The firm has a 50-day simple moving average of $48.79 and a two-hundred day simple moving average of $54.08. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.08 and a current ratio of 1.08. V2X, Inc. has a fifty-two week low of $41.08 and a fifty-two week high of $69.75. The company has a market cap of $1.61 billion, a P/E ratio of 181.51, a price-to-earnings-growth ratio of 0.61 and a beta of 0.61.
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.
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