Jefferies Financial Group Inc. acquired a new stake in shares of V2X, Inc. (NYSE:VVX – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 26,426 shares of the company’s stock, valued at approximately $1,970,000. Jefferies Financial Group Inc. owned approximately 0.08% of V2X as of its most recent SEC filing.
Other hedge funds have also bought and sold shares of the company. Public Employees Retirement System of Ohio acquired a new stake in shares of V2X during the second quarter worth $28,000. Comerica Bank raised its stake in V2X by 79.1% in the 3rd quarter. Comerica Bank now owns 480 shares of the company’s stock worth $28,000 after acquiring an additional 212 shares during the last quarter. Larson Financial Group LLC lifted its position in V2X by 207.3% during the 3rd quarter. Larson Financial Group LLC now owns 759 shares of the company’s stock worth $44,000 after acquiring an additional 512 shares during the period. Fifth Third Bancorp purchased a new stake in V2X during the 1st quarter valued at about $46,000. Finally, Osaic Holdings Inc. grew its stake in V2X by 140.0% during the 2nd quarter. Osaic Holdings Inc. now owns 1,068 shares of the company’s stock valued at $52,000 after purchasing an additional 623 shares during the last quarter. Institutional investors and hedge funds own 95.18% of the company’s stock.
V2X Trading Down 0.7%
V2X stock opened at $77.93 on Friday. The firm has a market cap of $2.44 billion, a PE ratio of 26.87, a P/E/G ratio of 0.61 and a beta of 0.21. V2X, Inc. has a 12 month low of $50.89 and a 12 month high of $93.98. The stock’s 50 day simple moving average is $79.29 and its two-hundred day simple moving average is $74.75. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.92.
Wall Street Analysts Forecast Growth
Several brokerages recently weighed in on VVX. Zacks Research downgraded shares of V2X from a “strong-buy” rating to a “hold” rating in a report on Friday, August 7th. Weiss Ratings downgraded shares of V2X from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, June 11th. BTIG Research reiterated a “buy” rating and issued a $90.00 price objective on shares of V2X in a research note on Wednesday, May 27th. Royal Bank Of Canada raised their target price on shares of V2X from $70.00 to $75.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 5th. Finally, Wall Street Zen downgraded shares of V2X from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Six analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $86.90.
View Our Latest Stock Analysis on V2X
V2X 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.
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