Earnest Partners LLC bought a new position in shares of V2X, Inc. (NYSE:VVX – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 123,557 shares of the company’s stock, valued at approximately $7,177,000. Earnest Partners LLC owned approximately 0.39% of V2X as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Comerica Bank increased its position in shares of V2X by 79.1% during the third quarter. Comerica Bank now owns 480 shares of the company’s stock valued at $28,000 after acquiring an additional 212 shares during the last quarter. Osaic Holdings Inc. boosted its position in V2X by 140.0% in the second quarter. Osaic Holdings Inc. now owns 1,068 shares of the company’s stock worth $52,000 after purchasing an additional 623 shares during the last quarter. LRI Investments LLC bought a new position in V2X in the 3rd quarter valued at $57,000. CWM LLC increased its position in shares of V2X by 188.9% during the 3rd quarter. CWM LLC now owns 1,037 shares of the company’s stock valued at $60,000 after purchasing an additional 678 shares during the last quarter. Finally, Ameritas Investment Partners Inc. increased its position in shares of V2X by 18.6% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,757 shares of the company’s stock valued at $85,000 after purchasing an additional 275 shares during the last quarter. Hedge funds and other institutional investors own 95.18% of the company’s stock.
V2X Trading Down 4.6%
Shares of V2X stock opened at $66.85 on Monday. The stock has a market capitalization of $2.08 billion, a P/E ratio of 27.40, a P/E/G ratio of 0.57 and a beta of 0.12. V2X, Inc. has a 52-week low of $42.09 and a 52-week high of $75.00. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.22 and a current ratio of 1.22. The stock’s 50-day simple moving average is $67.63 and its 200 day simple moving average is $60.21.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on VVX shares. Truist Financial reissued a “hold” rating and issued a $68.00 price target (up from $65.00) on shares of V2X in a report on Tuesday, February 24th. The Goldman Sachs Group lifted their price objective on shares of V2X from $57.00 to $63.00 and gave the stock a “sell” rating in a research report on Monday, March 2nd. Royal Bank Of Canada boosted their target price on shares of V2X from $60.00 to $70.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 24th. Citigroup raised their price target on shares of V2X from $62.00 to $69.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. Finally, BTIG Research lifted their price target on shares of V2X from $80.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, V2X presently has a consensus rating of “Hold” and a consensus target price of $72.22.
View Our Latest Research Report on V2X
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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