Kennedy Capital Management LLC Increases Stock Position in V2X, Inc. (NYSE:VVX)

Kennedy Capital Management LLC lifted its position in V2X, Inc. (NYSE:VVX - Free Report) by 22.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 112,603 shares of the company's stock after buying an additional 20,595 shares during the quarter. Kennedy Capital Management LLC owned approximately 0.36% of V2X worth $5,386,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of VVX. Corebridge Financial Inc. increased its stake in V2X by 7.1% in the 4th quarter. Corebridge Financial Inc. now owns 7,044 shares of the company's stock valued at $337,000 after purchasing an additional 470 shares in the last quarter. LPL Financial LLC boosted its stake in shares of V2X by 11.0% in the fourth quarter. LPL Financial LLC now owns 5,112 shares of the company's stock valued at $245,000 after purchasing an additional 508 shares during the period. Edmond DE Rothschild Holding S.A. grew its stake in V2X by 15.3% during the 4th quarter. Edmond DE Rothschild Holding S.A. now owns 4,204 shares of the company's stock valued at $201,000 after purchasing an additional 558 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its holdings 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 valued at $114,000 after buying an additional 814 shares during the last quarter. Finally, Rhumbline Advisers lifted its position in shares of V2X by 5.0% in the 4th quarter. Rhumbline Advisers now owns 21,239 shares of the company's stock worth $1,016,000 after buying an additional 1,004 shares during the last quarter. Hedge funds and other institutional investors own 95.18% of the company's stock.

V2X Price Performance

NYSE VVX traded up $0.39 during trading on Thursday, reaching $48.85. The company's stock had a trading volume of 38,878 shares, compared to its average volume of 182,696. V2X, Inc. has a one year low of $41.08 and a one year high of $69.75. The stock has a market capitalization of $1.54 billion, a PE ratio of 174.56, a P/E/G ratio of 0.61 and a beta of 0.45. The firm has a fifty day moving average of $47.83 and a 200 day moving average of $53.58. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.08 and a quick ratio of 1.08.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on VVX shares. JMP Securities reiterated a "market outperform" rating and set a $80.00 price target on shares of V2X in a research report on Friday, January 17th. Citigroup initiated coverage on V2X in a research note on Tuesday, January 21st. They set a "buy" rating and a $64.00 price target on the stock. Raymond James cut their price target 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. Morgan Stanley assumed coverage on shares of V2X in a research report on Wednesday. They set an "underweight" rating and a $51.00 target price on the stock. Finally, Royal Bank of Canada lowered their price target on V2X from $58.00 to $54.00 and set a "sector perform" rating for the company in a report on Tuesday, February 25th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average 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.