Sanctuary Advisors LLC purchased a new stake in V2X, Inc. (NYSE:VVX – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 17,638 shares of the company’s stock, valued at approximately $1,315,000. Sanctuary Advisors LLC owned 0.06% of V2X as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. BlackRock Inc. acquired a new position in shares of V2X in the second quarter valued at approximately $189,727,000. Wellington Management Group LLP increased its holdings in V2X by 842.1% during the third quarter. Wellington Management Group LLP now owns 803,517 shares of the company’s stock worth $46,676,000 after buying an additional 718,225 shares during the last quarter. Boston Partners increased its stake in shares of V2X by 5,323.3% during the 3rd quarter. Boston Partners now owns 553,235 shares of the company’s stock worth $32,139,000 after purchasing an additional 543,034 shares during the last quarter. Reinhart Partners LLC. increased its position in V2X by 60.6% during the fourth 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 last quarter. Finally, William Blair Investment Management LLC acquired a new position in V2X during the fourth quarter worth approximately $25,685,000. 95.18% of the stock is currently owned by institutional investors and hedge funds.
V2X Trading Up 0.9%
VVX stock opened at $78.68 on Friday. 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 0.61 and a beta of 0.21. The company’s 50-day simple moving average is $79.45 and its 200 day simple moving average is $74.72. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.32 and a current ratio of 1.32.
Analyst Ratings Changes
A number of brokerages recently commented on VVX. Weiss Ratings lowered shares of V2X from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, June 11th. Citigroup restated a “market outperform” rating on shares of V2X in a report on Tuesday, July 28th. Truist Financial reaffirmed a “hold” rating and issued a $85.00 target price (up from $70.00) on shares of V2X in a research report on Tuesday, August 4th. BTIG Research reiterated a “buy” rating and set a $90.00 target price on shares of V2X in a research note on Wednesday, May 27th. Finally, Wall Street Zen cut V2X from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Six research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, V2X presently has a consensus rating of “Hold” and an average target price of $86.90.
Check Out Our Latest 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.
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