V2X, Inc. (NYSE:VVX) Shares Purchased by Geode Capital Management LLC

Geode Capital Management LLC increased its holdings in shares of V2X, Inc. (NYSE:VVX - Free Report) by 17.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 321,179 shares of the company's stock after buying an additional 46,932 shares during the quarter. Geode Capital Management LLC owned 1.02% of V2X worth $15,366,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VVX. Barclays PLC raised its position in shares of V2X by 119.8% in the 3rd quarter. Barclays PLC now owns 27,727 shares of the company's stock valued at $1,550,000 after purchasing an additional 15,110 shares during the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of V2X by 1,014.6% during the fourth quarter. Assenagon Asset Management S.A. now owns 231,592 shares of the company's stock worth $11,077,000 after purchasing an additional 210,814 shares during the period. Charles Schwab Investment Management Inc. boosted its position in V2X by 16.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 141,885 shares of the company's stock valued at $6,786,000 after buying an additional 19,524 shares during the last quarter. Quantbot Technologies LP raised its position in V2X by 273.9% during the 4th 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. Finally, JPMorgan Chase & Co. lifted its stake in V2X by 9.6% during the 3rd 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 during the period. 95.18% of the stock is currently owned by hedge funds and other institutional investors.

V2X Price Performance

Shares of NYSE VVX traded down $0.47 during midday trading on Friday, hitting $48.96. The stock had a trading volume of 8,047 shares, compared to its average volume of 183,907. 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 stock has a 50 day simple moving average of $47.94 and a 200-day simple moving average of $53.19. The company has a market capitalization of $1.55 billion, a PE ratio of 174.86, a P/E/G ratio of 0.61 and a beta of 0.45. V2X, Inc. has a 1 year low of $41.08 and a 1 year high of $69.75.

Wall Street Analyst Weigh In

VVX has been the subject of several recent research reports. Royal Bank of Canada reduced their target price 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. JMP Securities restated a "market outperform" rating and issued a $80.00 target price on shares of V2X in a research note on Friday, January 17th. Morgan Stanley initiated coverage on V2X in a research report on Wednesday, April 16th. They set an "underweight" rating and a $51.00 price target for the company. Citigroup initiated coverage on V2X in a research report on Tuesday, January 21st. They issued a "buy" rating and a $64.00 price objective on the stock. Finally, Truist Financial cut their target price 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. Two equities 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. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target 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.