Olympiad Research LP Grows Stake in V2X, Inc. (NYSE:VVX)

Olympiad Research LP raised its stake in V2X, Inc. (NYSE:VVX) by 19.1% during the fourth quarter, HoldingsChannel reports. The fund owned 6,382 shares of the company’s stock after buying an additional 1,022 shares during the period. Olympiad Research LP’s holdings in V2X were worth $305,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of VVX. Allspring Global Investments Holdings LLC grew its stake in shares of V2X by 38.3% in the third quarter. Allspring Global Investments Holdings LLC now owns 12,320 shares of the company’s stock worth $688,000 after acquiring an additional 3,414 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its stake in shares of V2X by 22.5% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 16,183 shares of the company’s stock worth $904,000 after acquiring an additional 2,971 shares during the last quarter. Assenagon Asset Management S.A. grew its stake in shares of V2X by 1.9% in the third quarter. Assenagon Asset Management S.A. now owns 20,778 shares of the company’s stock worth $1,161,000 after acquiring an additional 394 shares during the last quarter. US Bancorp DE grew its stake in shares of V2X by 81.0% in the third quarter. US Bancorp DE now owns 1,028 shares of the company’s stock worth $57,000 after acquiring an additional 460 shares during the last quarter. Finally, Stephens Inc. AR purchased a new stake in shares of V2X in the third quarter worth $247,000. 95.18% of the stock is owned by hedge funds and other institutional investors.

V2X Stock Down 2.2 %

VVX stock opened at $42.14 on Friday. V2X, Inc. has a fifty-two week low of $37.58 and a fifty-two week high of $69.75. The business’s 50-day moving average is $49.43 and its two-hundred day moving average is $54.55. 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 company has a market cap of $1.33 billion, a price-to-earnings ratio of 150.49, a P/E/G ratio of 0.61 and a beta of 0.60.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on VVX. JMP Securities reissued a “market outperform” rating and issued a $80.00 target price on shares of V2X in a research note on Friday, January 17th. Raymond James reaffirmed an “outperform” rating and set a $65.00 price objective (down from $72.00) on shares of V2X in a research report on Thursday, January 2nd. The Goldman Sachs Group started coverage on V2X in a research report on Thursday, December 12th. They set a “sell” rating and a $54.00 price objective on the stock. Citigroup started coverage on V2X in a research report on Tuesday, January 21st. They set a “buy” rating and a $64.00 price objective on the stock. Finally, BTIG Research started coverage on V2X in a research report on Monday, November 25th. They set a “buy” rating and a $80.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $66.50.

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.