1 week Ago By Defense World Staff
Orion Portfolio Solutions LLC reduced its holdings in shares of V2X, Inc. (NYSE:VVX – Free Report) by 10.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC).
The fund owned 15,923 shares of the company’s stock after selling 1,801 shares during the period. Orion Portfolio Solutions LLC owned about 0.05% of V2X worth $762,000 at the end of the most recent reporting period.
Several other large investors have also recently made changes to their positions in VVX. Victory Capital Management Inc. purchased a new stake in shares of V2X in the 4th quarter valued at $13,947,000.
Assenagon Asset Management S.A. increased its holdings in shares of V2X by 1,014.
6% in the fourth quarter. Assenagon Asset Management S.A.
now owns 231,592 shares of the company’s stock worth $11,077,000 after buying an additional 210,814 shares during the period. Vanguard Group Inc. lifted its stake in shares of V2X by 19.
1% in the 4th quarter. Vanguard Group Inc. now owns 898,112 shares of the company’s stock valued at $42,957,000 after acquiring an additional 144,029 shares during the last quarter.
JPMorgan Chase & Co. boosted its holdings 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. Finally, Raymond James Financial Inc.
bought a new position in V2X during the 4th quarter worth approximately $1,150,000. 95.18% of the stock is owned by hedge funds and other institutional investors.
V2X Stock Down 5.8 %Shares of NYSE:VVX opened at $45.55 on Monday.
The firm has a market capitalization of $1.44 billion, a P/E ratio of 162.68, a P/E/G ratio of 0.
61 and a beta of 0.45. 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 stock has a 50 day moving average price of $48.54 and a 200-day moving average price of $54.03.
V2X, Inc. has a 52-week low of $41.08 and a 52-week high of $69.
75. Wall Street Analyst Weigh InSeveral analysts have weighed in on the company. JMP Securities reiterated a “market outperform” rating and issued a $80.
00 price objective on shares of V2X in a research report on Friday, January 17th. Raymond James cut their price target on shares of V2X from $65.00 to $60.
00 and set an “outperform” rating on the stock in a report on Tuesday, February 25th. The Goldman Sachs Group began coverage on shares of V2X in a research note on Thursday, December 12th. They set a “sell” rating and a $54.
00 price objective for the company. Royal Bank of Canada cut their target price on V2X from $58.00 to $54.
00 and set a “sector perform” rating on the stock in a research note on Tuesday, February 25th. Finally, Citigroup initiated coverage on V2X in a research report on Tuesday, January 21st. They set a “buy” rating and a $64.
00 price target for the company. One analyst has rated the stock with a sell rating, two have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.
com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $65.38.Get Our Latest Stock Report on VVXV2X Company Profile (Free Report)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.Recommended StoriesFive stocks we like better than V2XWhat is Short Interest? How to Use ItNewsmax’s IPO Whiplash: Meme Stock Hype or Growth Potential?3 Best Fintech Stocks for a Portfolio BoostDisney 2025 Shareholders: Major Updates for InvestorsWhat Investors Must Know About Over-the-Counter (OTC) StocksAdvance Auto Parts Stock: A Classic Rebound Play in the MakingWant to see what other hedge funds are holding VVX? Visit HoldingsChannel.
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