Swiss National Bank Buys 3,100 Shares of V2X, Inc. (NYSE:VVX)

Swiss National Bank increased its stake in shares of V2X, Inc. (NYSE:VVX) by 12.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,700 shares of the company’s stock after purchasing an additional 3,100 shares during the quarter. Swiss National Bank owned about 0.09% of V2X worth $1,325,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. FMR LLC lifted its holdings in V2X by 17.2% during the 3rd quarter. FMR LLC now owns 2,997,474 shares of the company’s stock worth $167,439,000 after buying an additional 439,852 shares in the last quarter. Systematic Financial Management LP raised its position in shares of V2X by 43.5% during the third quarter. Systematic Financial Management LP now owns 401,121 shares of the company’s stock worth $22,407,000 after acquiring an additional 121,635 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of V2X by 9.6% during the third quarter. JPMorgan Chase & Co. now owns 340,793 shares of the company’s stock worth $19,037,000 after acquiring an additional 29,869 shares during the last quarter. Victory Capital Management Inc. acquired a new position in shares of V2X during the fourth quarter valued at $13,947,000. Finally, Geode Capital Management LLC boosted its holdings in V2X by 1.6% in the third quarter. Geode Capital Management LLC now owns 274,247 shares of the company’s stock valued at $15,322,000 after acquiring an additional 4,370 shares during the last quarter. 95.18% of the stock is owned by institutional investors.

V2X Stock Down 2.9 %

Shares of V2X stock opened at $49.51 on Friday. V2X, Inc. has a 1 year low of $41.08 and a 1 year high of $69.75. 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 company has a market capitalization of $1.56 billion, a P/E ratio of 176.82, a price-to-earnings-growth ratio of 0.61 and a beta of 0.61. The business has a 50-day moving average of $49.06 and a two-hundred day moving average of $54.04.

Analysts Set New Price Targets

Several brokerages have weighed in on VVX. Citigroup assumed coverage on V2X in a report on Tuesday, January 21st. They set a “buy” rating and a $64.00 price objective for the company. Raymond James cut their price objective 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. JMP Securities reaffirmed a “market outperform” rating and issued a $80.00 price objective on shares of V2X in a research note on Friday, January 17th. Royal Bank of Canada dropped their target price on shares of V2X from $58.00 to $54.00 and set a “sector perform” rating for the company in a research report on Tuesday, February 25th. Finally, The Goldman Sachs Group started coverage on V2X in a research report on Thursday, December 12th. They issued a “sell” rating and a $54.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $65.38.

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.