Aip LLC Has $677.62 Million Stake in V2X, Inc. (NYSE:VVX)

Aip LLC lowered its stake in shares of V2X, Inc. (NYSE:VVX - Free Report) by 15.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,167,286 shares of the company's stock after selling 2,500,000 shares during the period. V2X accounts for 89.3% of Aip LLC's holdings, making the stock its biggest position. Aip LLC owned about 44.89% of V2X worth $677,621,000 as of its most recent filing with the Securities & Exchange Commission.

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

V2X Price Performance

V2X stock traded down $0.97 during midday trading on Tuesday, reaching $47.95. The company's stock had a trading volume of 352,131 shares, compared to its average volume of 187,206. The business has a 50-day moving average price of $48.66 and a 200-day moving average price of $52.40. V2X, Inc. has a 52 week low of $41.08 and a 52 week high of $69.75. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.09. The stock has a market cap of $1.51 billion, a PE ratio of 171.26, a price-to-earnings-growth ratio of 0.61 and a beta of 0.27.

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on VVX shares. Citigroup began coverage on V2X in a report on Tuesday, January 21st. They set a "buy" rating and a $64.00 target price for the company. Raymond James dropped their price objective on shares of V2X from $65.00 to $60.00 and set an "outperform" rating for the company in a research note on Tuesday, February 25th. Royal Bank of Canada decreased their target price on shares of V2X from $58.00 to $54.00 and set a "sector perform" rating on the stock in a research report on Tuesday, February 25th. Morgan Stanley started coverage on shares of V2X in a research report on Wednesday, April 16th. They issued an "underweight" rating and a $51.00 price target for the company. Finally, Truist Financial reduced their price target on V2X from $68.00 to $55.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, V2X currently has a consensus rating of "Moderate Buy" and a consensus price target of $62.90.

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.