Systematic Financial Management LP boosted its holdings in shares of V2X, Inc. (NYSE:VVX – Free Report) by 3.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 429,002 shares of the company’s stock after acquiring an additional 15,089 shares during the quarter. Systematic Financial Management LP owned 1.36% of V2X worth $23,402,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of VVX. Royal Bank of Canada raised its position in V2X by 46.6% during the 1st quarter. Royal Bank of Canada now owns 5,813 shares of the company’s stock valued at $284,000 after purchasing an additional 1,847 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of V2X by 22.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,867 shares of the company’s stock worth $484,000 after acquiring an additional 1,826 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of V2X by 10.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 49,544 shares of the company’s stock worth $2,430,000 after acquiring an additional 4,747 shares in the last quarter. Jane Street Group LLC bought a new position in shares of V2X in the 1st quarter worth $329,000. Finally, Rhumbline Advisers raised its position in shares of V2X by 20.8% in the 2nd quarter. Rhumbline Advisers now owns 27,992 shares of the company’s stock worth $1,359,000 after acquiring an additional 4,824 shares in the last quarter. Hedge funds and other institutional investors own 95.18% of the company’s stock.
V2X Stock Up 2.2%
Shares of VVX stock opened at $73.40 on Friday. V2X, Inc. has a 1-year low of $43.42 and a 1-year high of $78.36. The stock’s fifty day moving average price is $68.97 and its 200 day moving average price is $64.11. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.25 and a quick ratio of 1.25. The company has a market cap of $2.30 billion, a price-to-earnings ratio of 26.31, a price-to-earnings-growth ratio of 0.60 and a beta of 0.12.
Analyst Upgrades and Downgrades
Several research analysts have recently commented on the company. Stifel Nicolaus boosted their price target on V2X from $77.50 to $79.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Weiss Ratings lowered V2X from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 15th. Royal Bank Of Canada boosted their price target on V2X from $70.00 to $75.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 5th. Morgan Stanley boosted their price target on V2X from $74.00 to $80.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 5th. Finally, The Goldman Sachs Group boosted their target price on V2X from $57.00 to $63.00 and gave the stock a “sell” rating in a research note on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $77.80.
Insiders Place Their Bets
In related news, major shareholder American Industrial Partners C sold 2,545,432 shares of the business’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $68.21, for a total transaction of $173,623,916.72. Following the transaction, the insider directly owned 2,004,569 shares in the company, valued at $136,731,651.49. The trade was a 55.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.99% of the stock is currently owned by company insiders.
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.
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