V2X, Inc. (NYSE:VVX) Shares Purchased by BNP Paribas Financial Markets

BNP Paribas Financial Markets boosted its position in V2X, Inc. (NYSE:VVX - Free Report) by 116.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,892 shares of the company's stock after purchasing an additional 19,871 shares during the period. BNP Paribas Financial Markets owned about 0.12% of V2X worth $1,765,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. FMR LLC lifted its position in shares of V2X by 23.8% during 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 during the period. Vanguard Group Inc. lifted its position in shares of V2X by 19.1% during the 4th quarter. Vanguard Group Inc. now owns 898,112 shares of the company's stock valued at $42,957,000 after acquiring an additional 144,029 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of V2X by 12.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 878,820 shares of the company's stock valued at $42,035,000 after acquiring an additional 97,399 shares during the period. JPMorgan Chase & Co. lifted its position in shares of V2X by 1.4% during the 4th quarter. JPMorgan Chase & Co. now owns 345,411 shares of the company's stock valued at $16,521,000 after acquiring an additional 4,618 shares during the period. Finally, Geode Capital Management LLC lifted its position in shares of V2X by 17.1% during the 4th quarter. Geode Capital Management LLC now owns 321,179 shares of the company's stock valued at $15,366,000 after acquiring an additional 46,932 shares during the period. Institutional investors and hedge funds own 95.18% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on VVX. Truist Financial reduced their price target on shares of V2X from $68.00 to $55.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Royal Bank of Canada reduced their price target 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 reduced their price target on shares of V2X from $65.00 to $60.00 and set an "outperform" rating for the company in a research report on Tuesday, February 25th. Finally, Morgan Stanley began coverage on V2X in a research report on Wednesday, April 16th. They set an "underweight" rating and a $51.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, one has given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $63.67.

V2X Trading Down 1.9%

VVX traded down $0.89 during trading on Friday, hitting $45.55. The company's stock had a trading volume of 268,224 shares, compared to its average volume of 199,513. V2X, Inc. has a twelve month low of $41.08 and a twelve month high of $69.75. The firm's 50 day moving average price is $49.11 and its 200-day moving average price is $51.30. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.08 and a quick ratio of 1.08. The stock has a market cap of $1.44 billion, a PE ratio of 162.67, a PEG ratio of 0.61 and a beta of 0.27.

V2X (NYSE:VVX - Get Free Report) last released its 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. The firm had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.04 billion. V2X had a return on equity of 13.49% and a net margin of 0.22%. The business's quarterly revenue was up .5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.90 earnings per share. On average, analysts expect that V2X, Inc. will post 4.16 earnings per share for the current 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.