Invesco Ltd. Has $10.82 Million Stake in V2X, Inc. (NYSE:VVX)

Invesco Ltd. lifted its holdings in V2X, Inc. (NYSE:VVX - Free Report) by 8.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 226,305 shares of the company's stock after acquiring an additional 17,232 shares during the period. Invesco Ltd. owned approximately 0.72% of V2X worth $10,824,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of VVX. Jane Street Group LLC grew its stake 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. Barclays PLC grew its stake in shares of V2X by 119.8% in the third quarter. Barclays PLC now owns 27,727 shares of the company's stock valued at $1,550,000 after acquiring an additional 15,110 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of V2X by 1.6% in the third quarter. Geode Capital Management LLC now owns 274,247 shares of the company's stock valued at $15,322,000 after acquiring an additional 4,370 shares in the last quarter. Franklin Resources Inc. grew its stake in shares of V2X by 6.4% in the third quarter. Franklin Resources Inc. now owns 83,876 shares of the company's stock valued at $4,685,000 after acquiring an additional 5,072 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of V2X by 9.6% in the third quarter. JPMorgan Chase & Co. now owns 340,793 shares of the company's stock valued at $19,037,000 after acquiring an additional 29,869 shares in the last quarter. 95.18% of the stock is currently owned by institutional investors and hedge funds.

V2X Trading Up 0.6 %

V2X stock traded up $0.31 during mid-day trading on Monday, hitting $50.12. 107,755 shares of the stock were exchanged, compared to its average volume of 184,986. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.09. V2X, Inc. has a 12 month low of $41.08 and a 12 month high of $69.75. The firm's fifty day simple moving average is $48.15 and its two-hundred day simple moving average is $52.93. The stock has a market capitalization of $1.58 billion, a price-to-earnings ratio of 179.01, a PEG ratio of 0.61 and a beta of 0.45.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on VVX shares. Raymond James reduced their price objective on shares of V2X from $65.00 to $60.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 25th. JMP Securities reiterated a "market outperform" rating and set a $80.00 price objective on shares of V2X in a research note on Friday, January 17th. Truist Financial reduced their price objective on shares of V2X from $68.00 to $55.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Citigroup started coverage on shares of V2X in a research note on Tuesday, January 21st. They set a "buy" rating and a $64.00 price objective on the stock. Finally, Royal Bank of Canada reduced their price objective on shares of V2X from $58.00 to $54.00 and set a "sector perform" rating on the stock in a research note on Tuesday, February 25th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, V2X currently has a consensus rating of "Moderate Buy" and a consensus target price of $62.90.

V2X Company 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.