Prospector Partners LLC Has $4.53 Million Stock Position in V2X, Inc. (NYSE:VVX)

Prospector Partners LLC lessened its holdings in shares of V2X, Inc. (NYSE:VVX) by 10.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 94,710 shares of the company’s stock after selling 10,600 shares during the period. Prospector Partners LLC owned 0.30% of V2X worth $4,530,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of VVX. Barclays PLC lifted its holdings in V2X by 119.8% during the 3rd quarter. Barclays PLC now owns 27,727 shares of the company’s stock worth $1,550,000 after buying an additional 15,110 shares during the period. Assenagon Asset Management S.A. lifted its stake 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 acquiring an additional 210,814 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in V2X by 16.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 141,885 shares of the company’s stock valued at $6,786,000 after acquiring an additional 19,524 shares during the last quarter. Jane Street Group LLC increased its position in V2X by 37.4% during the 3rd quarter. Jane Street Group LLC now owns 17,636 shares of the company’s stock valued at $985,000 after purchasing an additional 4,799 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in V2X by 9.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 340,793 shares of the company’s stock worth $19,037,000 after purchasing an additional 29,869 shares during the last quarter. Institutional investors own 95.18% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on VVX. The Goldman Sachs Group started coverage on shares of V2X in a research report on Thursday, December 12th. They set a “sell” rating and a $54.00 price objective for the company. JMP Securities reissued a “market outperform” rating and issued a $80.00 price objective on shares of V2X in a research note on Friday, January 17th. Raymond James decreased their target price on V2X from $65.00 to $60.00 and set an “outperform” rating for the company in a research note on Tuesday, February 25th. Royal Bank of Canada dropped their price target 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 started coverage on shares of V2X in a research note on Tuesday, January 21st. They issued a “buy” rating and a $64.00 price objective for the company. One investment analyst has rated the stock with a sell rating, two have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $65.38.

V2X Stock Down 5.8 %

Shares of NYSE VVX opened at $45.55 on Friday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.08 and a quick ratio of 1.08. V2X, Inc. has a 1 year low of $41.08 and a 1 year high of $69.75. The stock 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 50-day moving average price of $48.54 and a 200-day moving average price of $54.01.

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.