Barclays PLC Boosts Holdings in V2X, Inc. (NYSE:VVX)

Barclays PLC grew its position in V2X, Inc. (NYSE:VVX - Free Report) by 416.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 143,242 shares of the company's stock after acquiring an additional 115,515 shares during the quarter. Barclays PLC owned about 0.45% of V2X worth $6,853,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in VVX. Jane Street Group LLC lifted its position 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 acquiring an additional 4,799 shares in the last quarter. Geode Capital Management LLC lifted its position in V2X by 1.6% during the third quarter. Geode Capital Management LLC now owns 274,247 shares of the company's stock worth $15,322,000 after buying an additional 4,370 shares in the last quarter. Franklin Resources Inc. boosted its stake in V2X by 6.4% during the third quarter. Franklin Resources Inc. now owns 83,876 shares of the company's stock worth $4,685,000 after buying an additional 5,072 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in V2X by 9.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 340,793 shares of the company's stock valued at $19,037,000 after buying an additional 29,869 shares in the last quarter. Finally, MRA Advisory Group acquired a new stake in shares of V2X in the 4th quarter worth $323,000. Hedge funds and other institutional investors own 95.18% of the company's stock.

V2X Trading Down 1.1 %

VVX stock traded down $0.54 during mid-day trading on Wednesday, hitting $49.68. 89,210 shares of the company were exchanged, compared to its average volume of 185,192. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.09. The firm has a market capitalization of $1.57 billion, a P/E ratio of 177.43, a PEG ratio of 0.61 and a beta of 0.45. The business has a fifty day simple moving average of $48.45 and a 200-day simple moving average of $52.89. V2X, Inc. has a 12-month low of $41.08 and a 12-month high of $69.75.

Wall Street Analyst Weigh In

VVX has been the subject of a number of analyst reports. Raymond James dropped their price objective on shares of V2X from $65.00 to $60.00 and set an "outperform" rating for the company in a report on Tuesday, February 25th. Truist Financial dropped their price objective on shares of V2X from $68.00 to $55.00 and set a "buy" rating for the company in a report on Monday, April 14th. Morgan Stanley initiated coverage on shares of V2X in a report on Wednesday, April 16th. They issued an "underweight" rating and a $51.00 price objective for the company. JMP Securities reissued a "market outperform" rating and issued a $80.00 price objective on shares of V2X in a report on Friday, January 17th. Finally, Royal Bank of Canada dropped their price objective on shares of V2X from $58.00 to $54.00 and set a "sector perform" rating for the company in a report on Tuesday, February 25th. Two analysts have rated the stock with a sell rating, two have given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $62.90.

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.