Dynamic Technology Lab Private Ltd Makes New $553,000 Investment in V2X, Inc. (NYSE:VVX)

Dynamic Technology Lab Private Ltd purchased a new stake in shares of V2X, Inc. (NYSE:VVX) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 11,553 shares of the company’s stock, valued at approximately $553,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in VVX. Victory Capital Management Inc. acquired a new position in shares of V2X in the 4th quarter valued at $13,947,000. Assenagon Asset Management S.A. grew its stake in V2X by 1,014.6% during the 4th quarter. Assenagon Asset Management S.A. now owns 231,592 shares of the company’s stock valued at $11,077,000 after purchasing an additional 210,814 shares during the last quarter. Vanguard Group Inc. grew its stake in V2X by 19.1% during the 4th quarter. Vanguard Group Inc. now owns 898,112 shares of the company’s stock valued at $42,957,000 after purchasing an additional 144,029 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of V2X by 17.1% in the fourth quarter. Geode Capital Management LLC now owns 321,179 shares of the company’s stock valued at $15,366,000 after purchasing an additional 46,932 shares during the period. Finally, Pitcairn Co. purchased a new position in shares of V2X in the fourth quarter worth about $1,729,000. Hedge funds and other institutional investors own 95.18% of the company’s stock.

V2X Trading Down 0.3 %

VVX stock opened at $45.32 on Tuesday. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.09. V2X, Inc. has a 52-week low of $41.08 and a 52-week high of $69.75. The company’s 50-day simple moving average is $48.38 and its 200-day simple moving average is $53.97. The firm has a market cap of $1.43 billion, a P/E ratio of 161.88, a PEG ratio of 0.61 and a beta of 0.45.

Analysts Set New Price Targets

VVX has been the topic of several research reports. JMP Securities reiterated a “market outperform” rating and issued a $80.00 price target on shares of V2X in a report on Friday, January 17th. 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 on the stock. Raymond James decreased their target price on shares of V2X from $65.00 to $60.00 and set an “outperform” rating for the company in a research 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 price target on the stock. Finally, Royal Bank of Canada decreased their price objective on V2X from $58.00 to $54.00 and set a “sector perform” rating for the company in a report on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus 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.