Prescott Group Capital Management L.L.C. Raises Stock Position in V2X, Inc. (NYSE:VVX)

Prescott Group Capital Management L.L.C. raised its stake in shares of V2X, Inc. (NYSE:VVX) by 6.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 99,705 shares of the company’s stock after buying an additional 6,310 shares during the period. Prescott Group Capital Management L.L.C. owned about 0.32% of V2X worth $4,769,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. US Bancorp DE lifted its stake in shares of V2X by 81.0% in the 3rd quarter. US Bancorp DE now owns 1,028 shares of the company’s stock worth $57,000 after purchasing an additional 460 shares during the period. Harel Insurance Investments & Financial Services Ltd. raised its position in V2X by 51.9% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,382 shares of the company’s stock worth $114,000 after acquiring an additional 814 shares during the period. Quadrature Capital Ltd purchased a new position in shares of V2X during the 3rd quarter worth $207,000. Paloma Partners Management Co purchased a new position in shares of V2X during the 3rd quarter worth $219,000. Finally, Stephens Inc. AR bought a new position in shares of V2X in the third quarter worth approximately $247,000. 95.18% of the stock is currently owned by hedge funds and other institutional investors.

V2X Stock Down 2.1 %

Shares of NYSE VVX opened at $46.14 on Friday. The company has a market cap of $1.46 billion, a P/E ratio of 164.78, a PEG ratio of 0.61 and a beta of 0.61. The firm has a 50-day simple moving average of $48.68 and a two-hundred day simple moving average of $54.49. V2X, Inc. has a 1 year low of $41.08 and a 1 year high of $69.75. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.08 and a quick ratio of 1.08.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Royal Bank of Canada dropped their target price on shares of V2X from $58.00 to $54.00 and set a “sector perform” rating for the company in a research report on Tuesday, February 25th. Raymond James lowered their price target on shares of V2X from $65.00 to $60.00 and set an “outperform” rating for the company in a report on Tuesday, February 25th. BTIG Research assumed coverage on V2X in a research note on Monday, November 25th. They set a “buy” rating and a $80.00 price objective on the stock. The Goldman Sachs Group began coverage on V2X in a research note on Thursday, December 12th. They issued a “sell” rating and a $54.00 price objective for the company. Finally, JMP Securities reissued a “market outperform” rating and set a $80.00 target price on shares of V2X in a research report on Friday, January 17th. One 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 assigned a strong buy rating to the company. Based on data from MarketBeat.com, V2X currently has a consensus 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.