V2X, Inc. (NYSE:VVX) Shares Sold by Aip LLC

Aip LLC lessened its holdings in shares of V2X, Inc. (NYSE:VVX - Free Report) by 15.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 14,167,286 shares of the company's stock after selling 2,500,000 shares during the quarter. V2X comprises 89.3% of Aip LLC's portfolio, making the stock its biggest holding. Aip LLC owned 44.89% of V2X worth $677,621,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. FMR LLC boosted its stake in V2X by 23.8% during the fourth quarter. FMR LLC now owns 3,712,196 shares of the company's stock valued at $177,554,000 after buying an additional 714,722 shares during the last quarter. Victory Capital Management Inc. bought a new position in shares of V2X during the 4th quarter valued at approximately $13,947,000. Assenagon Asset Management S.A. grew its holdings in shares of V2X by 1,014.6% in the fourth 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 in the last quarter. Vanguard Group Inc. increased its position in V2X by 19.1% in the fourth quarter. Vanguard Group Inc. now owns 898,112 shares of the company's stock worth $42,957,000 after purchasing an additional 144,029 shares during the last quarter. Finally, Barclays PLC raised its stake in V2X by 416.6% during the fourth quarter. Barclays PLC now owns 143,242 shares of the company's stock valued at $6,853,000 after purchasing an additional 115,515 shares in the last quarter. 95.18% of the stock is owned by hedge funds and other institutional investors.

V2X Trading Down 0.5 %

VVX stock traded down $0.23 during mid-day trading on Friday, reaching $50.47. The company had a trading volume of 56,456 shares, compared to its average volume of 230,621. The company has a market capitalization of $1.59 billion, a PE ratio of 180.26, a price-to-earnings-growth ratio of 0.61 and a beta of 0.27. The firm has a 50 day moving average of $48.81 and a 200 day moving average of $52.29. V2X, Inc. has a 12 month low of $41.08 and a 12 month 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.

V2X (NYSE:VVX - Get Free Report) last issued its earnings results on Monday, May 5th. The company reported $0.98 earnings per share (EPS) for the quarter, topping 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 company had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $1.04 billion. During the same period in the prior year, the business earned $0.90 EPS. The firm's quarterly revenue was up .5% on a year-over-year basis. On average, equities analysts predict that V2X, Inc. will post 4.16 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on VVX shares. JMP Securities restated a "market outperform" rating and issued a $80.00 target price on shares of V2X in a report on Friday, January 17th. Truist Financial decreased their price objective on V2X from $68.00 to $55.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Raymond James dropped their target price on V2X from $65.00 to $60.00 and set an "outperform" rating for the company in a report on Tuesday, February 25th. Royal Bank of Canada decreased their price target on V2X from $58.00 to $54.00 and set a "sector perform" rating on the stock in a report on Tuesday, February 25th. Finally, Morgan Stanley initiated coverage on shares of V2X in a research report on Wednesday, April 16th. They set an "underweight" rating and a $51.00 price objective on the stock. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $63.67.

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.