Algert Global LLC Makes New Investment in V2X, Inc. (NYSE:VVX)

Algert Global LLC acquired a new stake in V2X, Inc. (NYSE:VVX - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 7,342 shares of the company's stock, valued at approximately $351,000.

Several other large investors also recently bought and sold shares of VVX. Summit Investment Advisors Inc. lifted its position in shares of V2X by 24.1% during the fourth quarter. Summit Investment Advisors Inc. now owns 1,482 shares of the company's stock worth $71,000 after purchasing an additional 288 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its stake in V2X by 51.9% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,382 shares of the company's stock worth $114,000 after buying an additional 814 shares during the period. KLP Kapitalforvaltning AS purchased a new stake in V2X during the 4th quarter worth $134,000. Aquatic Capital Management LLC acquired a new position in V2X in the 4th quarter worth $171,000. Finally, Edmond DE Rothschild Holding S.A. boosted its position in V2X by 15.3% in the 4th quarter. Edmond DE Rothschild Holding S.A. now owns 4,204 shares of the company's stock valued at $201,000 after buying an additional 558 shares during the last quarter. Institutional investors and hedge funds own 95.18% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Royal Bank of Canada dropped their target price 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. JMP Securities restated a "market outperform" rating and set a $80.00 price objective on shares of V2X in a report on Friday, January 17th. Morgan Stanley assumed coverage on V2X in a research note on Wednesday, April 16th. They set an "underweight" rating and a $51.00 target price for the company. Citigroup started coverage on shares of V2X in a research report on Tuesday, January 21st. They set a "buy" rating and a $64.00 price target for the company. Finally, Raymond James cut their price target on shares of V2X from $65.00 to $60.00 and set an "outperform" rating on the stock in a report on Tuesday, February 25th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $63.67.

V2X Stock Performance

Shares of NYSE VVX traded down $4.32 during trading on Friday, reaching $47.99. The stock had a trading volume of 1,395,987 shares, compared to its average volume of 194,126. The stock has a market cap of $1.52 billion, a PE ratio of 171.39, a P/E/G ratio of 0.61 and a beta of 0.27. The firm's 50 day moving average price is $49.33 and its two-hundred day moving average price is $51.92. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.08 and a current ratio of 1.08. V2X, Inc. has a one year low of $41.08 and a one year high of $69.75.

V2X (NYSE:VVX - Get Free Report) last posted its quarterly earnings results on Monday, May 5th. The company reported $0.98 EPS for the quarter, beating the consensus estimate of $0.92 by $0.06. V2X had a net margin of 0.22% and a return on equity of 13.49%. The business had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.04 billion. During the same period in the previous year, the business posted $0.90 EPS. The company's quarterly revenue was up .5% on a year-over-year basis. On average, research analysts forecast that V2X, Inc. will post 4.16 earnings per share for the current fiscal year.

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.