Dimensional Fund Advisors LP Buys 97,399 Shares of V2X, Inc. (NYSE:VVX)

Dimensional Fund Advisors LP increased its stake in V2X, Inc. (NYSE:VVX - Free Report) by 12.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 878,820 shares of the company's stock after buying an additional 97,399 shares during the period. Dimensional Fund Advisors LP owned 2.78% of V2X worth $42,035,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Summit Investment Advisors Inc. raised its position in shares of V2X by 24.1% in the 4th quarter. Summit Investment Advisors Inc. now owns 1,482 shares of the company's stock worth $71,000 after acquiring an additional 288 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its stake in V2X by 51.9% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,382 shares of the company's stock worth $114,000 after purchasing an additional 814 shares during the period. KLP Kapitalforvaltning AS bought a new position in V2X in the fourth quarter worth $134,000. Edmond DE Rothschild Holding S.A. lifted its position in V2X by 15.3% during the fourth quarter. Edmond DE Rothschild Holding S.A. now owns 4,204 shares of the company's stock valued at $201,000 after buying an additional 558 shares during the period. Finally, LPL Financial LLC boosted its holdings in shares of V2X by 11.0% during the 4th quarter. LPL Financial LLC now owns 5,112 shares of the company's stock valued at $245,000 after buying an additional 508 shares in the last quarter. 95.18% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on VVX shares. JMP Securities reissued a "market outperform" rating and set a $80.00 price target on shares of V2X in a research report on Friday, January 17th. Truist Financial dropped their price target on V2X from $68.00 to $55.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Royal Bank of Canada lowered their price objective 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. Morgan Stanley began coverage on V2X in a research note on Wednesday, April 16th. They issued an "underweight" rating and a $51.00 target price on the stock. Finally, Citigroup initiated coverage on shares of V2X in a research note on Tuesday, January 21st. They issued a "buy" rating and a $64.00 price target on the stock. Two analysts have rated the stock with a sell rating, two have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $62.90.

V2X Price Performance

Shares of NYSE:VVX opened at $49.42 on Friday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.08 and a current ratio of 1.08. The firm has a market cap of $1.56 billion, a price-to-earnings ratio of 176.51, a price-to-earnings-growth ratio of 0.61 and a beta of 0.45. The business has a 50-day simple moving average of $48.61 and a two-hundred day simple moving average of $52.61. V2X, Inc. has a fifty-two week low of $41.08 and a fifty-two week high of $69.75.

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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