Harbor Capital Advisors Inc. lifted its position in V2X, Inc. (NYSE:VVX – Free Report) by 41.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,432 shares of the company’s stock after purchasing an additional 9,434 shares during the quarter. Harbor Capital Advisors Inc.’s holdings in V2X were worth $1,769,000 at the end of the most recent quarter.
Other institutional investors have also recently modified their holdings of the company. Comerica Bank lifted its position in V2X by 79.1% in the 3rd quarter. Comerica Bank now owns 480 shares of the company’s stock worth $28,000 after buying an additional 212 shares during the last quarter. Larson Financial Group LLC boosted its stake in V2X by 207.3% in the third quarter. Larson Financial Group LLC now owns 759 shares of the company’s stock worth $44,000 after buying an additional 512 shares in the last quarter. Osaic Holdings Inc. grew its position in V2X by 140.0% during the second quarter. Osaic Holdings Inc. now owns 1,068 shares of the company’s stock valued at $52,000 after acquiring an additional 623 shares during the last quarter. LRI Investments LLC bought a new position in V2X during the third quarter valued at approximately $57,000. Finally, CWM LLC raised its stake in shares of V2X by 188.9% during the third quarter. CWM LLC now owns 1,037 shares of the company’s stock worth $60,000 after acquiring an additional 678 shares in the last quarter. 95.18% of the stock is currently owned by institutional investors.
V2X Stock Performance
Shares of VVX stock opened at $69.76 on Friday. The company has a market capitalization of $2.18 billion, a P/E ratio of 28.59, a PEG ratio of 0.59 and a beta of 0.14. V2X, Inc. has a fifty-two week low of $42.09 and a fifty-two week high of $75.00. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.22 and a current ratio of 1.22. The stock has a 50 day moving average price of $68.61 and a two-hundred day moving average price of $61.50.
Wall Street Analysts Forecast Growth
A number of brokerages have recently weighed in on VVX. Weiss Ratings upgraded shares of V2X from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, March 27th. Truist Financial reiterated a “hold” rating and issued a $68.00 target price (up from $65.00) on shares of V2X in a research report on Tuesday, February 24th. Robert W. Baird set a $94.00 price target on shares of V2X in a research note on Tuesday, February 24th. Royal Bank Of Canada upped their price target on shares of V2X from $60.00 to $70.00 and gave the company a “sector perform” rating in a research report on Tuesday, February 24th. Finally, Citigroup raised their price objective on V2X from $69.00 to $72.00 and gave the company a “neutral” rating in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $72.56.
Read Our Latest Research Report on V2X
Insider Transactions at V2X
In other V2X news, major shareholder American Industrial Partners C sold 2,545,432 shares of the firm’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $68.21, for a total value of $173,623,916.72. Following the sale, the insider owned 2,004,569 shares of the company’s stock, valued at $136,731,651.49. This trade represents a 55.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.10% of the stock is currently owned by company insiders.
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.
See Also
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