Tower Research Capital LLC TRC Raises Stock Position in V2X, Inc. (NYSE:VVX)

Tower Research Capital LLC TRC lifted its stake in shares of V2X, Inc. (NYSE:VVX - Free Report) by 415.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,179 shares of the company's stock after buying an additional 8,203 shares during the quarter. Tower Research Capital LLC TRC's holdings in V2X were worth $487,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Assenagon Asset Management S.A. increased its holdings in shares of V2X by 1,014.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 231,592 shares of the company's stock valued at $11,077,000 after acquiring an additional 210,814 shares during the period. Jump Financial LLC purchased a new stake in shares of V2X in the fourth quarter valued at about $831,000. Invesco Ltd. raised its holdings in shares of V2X by 8.2% in the fourth quarter. Invesco Ltd. now owns 226,305 shares of the company's stock valued at $10,824,000 after buying an additional 17,232 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of V2X by 16.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 141,885 shares of the company's stock worth $6,786,000 after buying an additional 19,524 shares during the period. Finally, Quantbot Technologies LP grew its holdings in shares of V2X by 273.9% during the fourth quarter. Quantbot Technologies LP now owns 18,489 shares of the company's stock worth $884,000 after buying an additional 13,544 shares during the last quarter. Institutional investors and hedge funds own 95.18% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on VVX shares. Truist Financial cut their price objective on shares of V2X from $68.00 to $55.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Morgan Stanley initiated coverage on V2X in a report on Wednesday, April 16th. They issued an "underweight" rating and a $51.00 price objective on the stock. Citigroup began coverage on V2X in a research note on Tuesday, January 21st. They set a "buy" rating and a $64.00 target price for the company. JMP Securities restated a "market outperform" rating and issued a $80.00 price target on shares of V2X in a research note on Friday, January 17th. Finally, Royal Bank of Canada cut their price objective on V2X from $58.00 to $54.00 and set a "sector perform" rating for the company in a research report on Tuesday, February 25th. Two research analysts have rated the stock with a sell rating, two have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $62.90.

V2X Trading Down 0.1 %

VVX stock traded down $0.04 during midday trading on Friday, hitting $49.42. The stock had a trading volume of 197,210 shares, compared to its average volume of 185,641. The company's 50-day moving average price is $48.61 and its 200 day moving average price is $52.69. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.08 and a quick ratio of 1.08. The firm has a market cap of $1.56 billion, a PE ratio of 176.51, a price-to-earnings-growth ratio of 0.61 and a beta of 0.45. V2X, Inc. has a 12-month low of $41.08 and a 12-month high of $69.75.

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.