Alyeska Investment Group L.P. Takes Position in V2X, Inc. (NYSE:VVX)

Alyeska Investment Group L.P. acquired a new stake in V2X, Inc. (NYSE:VVX - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 100,000 shares of the company's stock, valued at approximately $4,783,000. Alyeska Investment Group L.P. owned 0.32% of V2X at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of VVX. FMR LLC grew its position in V2X by 23.8% in the 4th quarter. FMR LLC now owns 3,712,196 shares of the company's stock valued at $177,554,000 after acquiring an additional 714,722 shares in the last quarter. Victory Capital Management Inc. purchased a new stake in V2X during the 4th quarter worth approximately $13,947,000. Assenagon Asset Management S.A. lifted its holdings in V2X by 1,014.6% during the 4th quarter. Assenagon Asset Management S.A. now owns 231,592 shares of the company's stock worth $11,077,000 after buying an additional 210,814 shares in the last quarter. Vanguard Group Inc. boosted its position in V2X by 19.1% in the 4th quarter. Vanguard Group Inc. now owns 898,112 shares of the company's stock valued at $42,957,000 after buying an additional 144,029 shares during the period. Finally, Barclays PLC grew its stake in shares of V2X by 416.6% in the fourth quarter. Barclays PLC now owns 143,242 shares of the company's stock worth $6,853,000 after acquiring an additional 115,515 shares in the last quarter. Institutional investors and hedge funds own 95.18% of the company's stock.

Analysts Set New Price Targets

VVX has been the subject of several analyst reports. Royal Bank of Canada lowered their target price on V2X from $58.00 to $54.00 and set a "sector perform" rating for the company in a research note on Tuesday, February 25th. Morgan Stanley started coverage on shares of V2X in a research note on Wednesday, April 16th. They set an "underweight" rating and a $51.00 target price on the stock. JMP Securities reiterated a "market outperform" rating and issued a $80.00 price target on shares of V2X in a research note on Friday, January 17th. Truist Financial dropped their price objective on shares of V2X from $68.00 to $55.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Finally, Citigroup initiated coverage on shares of V2X in a research report on Tuesday, January 21st. They set a "buy" rating and a $64.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, V2X currently has a consensus rating of "Moderate Buy" and an average price target of $62.90.

V2X Trading Down 0.7 %

NYSE:VVX opened at $49.10 on Tuesday. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.09. V2X, Inc. has a 52-week low of $41.08 and a 52-week high of $69.75. The stock's 50 day moving average price is $48.65 and its 200 day moving average price is $52.43. The company has a market capitalization of $1.55 billion, a PE ratio of 175.36, a P/E/G ratio of 0.61 and a beta of 0.27.

V2X (NYSE:VVX - Get Free Report) last announced its earnings results on Monday, May 5th. The company reported $0.98 EPS for the quarter, beating analysts' consensus estimates of $0.92 by $0.06. The business had revenue of $1.02 billion for the quarter, compared to analysts' expectations 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 period in the previous year, the company posted $0.90 EPS. On average, research analysts anticipate that V2X, Inc. will post 4.16 EPS for the current year.

V2X Profile

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.

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