Schroder Investment Management Group Sells 84,507 Shares of V2X, Inc. (NYSE:VVX)

Schroder Investment Management Group trimmed its holdings in V2X, Inc. (NYSE:VVX) by 31.0% in the 4th quarter, Holdings Channel reports. The fund owned 188,494 shares of the company’s stock after selling 84,507 shares during the quarter. Schroder Investment Management Group’s holdings in V2X were worth $9,087,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of VVX. Harel Insurance Investments & Financial Services Ltd. raised its holdings in V2X by 51.9% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,382 shares of the company’s stock valued at $114,000 after acquiring an additional 814 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new position in shares of V2X in the fourth quarter valued at $134,000. Quadrature Capital Ltd bought a new position in V2X in the third quarter worth $207,000. Paloma Partners Management Co acquired a new stake in V2X during the third quarter worth $219,000. Finally, LPL Financial LLC increased its holdings in V2X by 11.0% in the 4th quarter. LPL Financial LLC now owns 5,112 shares of the company’s stock valued at $245,000 after buying an additional 508 shares during the period. Institutional investors and hedge funds own 95.18% of the company’s stock.

V2X Price Performance

V2X stock opened at $45.55 on Friday. The business’s fifty day moving average is $48.54 and its two-hundred day moving average is $54.00. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.08 and a current ratio of 1.08. The firm has a market cap of $1.44 billion, a P/E ratio of 162.68, a P/E/G ratio of 0.61 and a beta of 0.61. V2X, Inc. has a 52 week low of $41.08 and a 52 week high of $69.75.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on VVX shares. Citigroup initiated coverage on shares of V2X in a report on Tuesday, January 21st. They set a “buy” rating and a $64.00 price objective for the company. JMP Securities restated a “market outperform” rating and set a $80.00 price target on shares of V2X in a research note on Friday, January 17th. Raymond James decreased their price objective on V2X from $65.00 to $60.00 and set an “outperform” rating on the stock in a report on Tuesday, February 25th. The Goldman Sachs Group began coverage on V2X in a research report on Thursday, December 12th. They set a “sell” rating and a $54.00 target price for the company. Finally, Royal Bank of Canada lowered their price target on V2X from $58.00 to $54.00 and set a “sector perform” rating on the stock in a research report on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $65.38.

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.