14,639 Shares in V2X, Inc. (NYSE:VVX) Acquired by Squarepoint Ops LLC

Squarepoint Ops LLC bought a new position in shares of V2X, Inc. (NYSE:VVX - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 14,639 shares of the company's stock, valued at approximately $700,000.

A number of other institutional investors have also added to or reduced their stakes in VVX. The Manufacturers Life Insurance Company boosted its position in shares of V2X by 3.7% during the fourth quarter. The Manufacturers Life Insurance Company now owns 7,376 shares of the company's stock valued at $353,000 after buying an additional 266 shares during the last quarter. Summit Investment Advisors Inc. increased its holdings in 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 acquiring an additional 288 shares during the period. Corebridge Financial Inc. grew its holdings in shares of V2X by 7.1% during the fourth quarter. Corebridge Financial Inc. now owns 7,044 shares of the company's stock worth $337,000 after purchasing an additional 470 shares in the last quarter. LPL Financial LLC raised its position in shares of V2X by 11.0% during the 4th quarter. LPL Financial LLC now owns 5,112 shares of the company's stock valued at $245,000 after buying an additional 508 shares in the last quarter. Finally, Edmond DE Rothschild Holding S.A. lifted its holdings in shares of 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 acquiring an additional 558 shares during the last quarter. 95.18% of the stock is currently owned by institutional investors and hedge funds.

V2X Stock Performance

NYSE:VVX traded up $0.20 during midday trading on Thursday, reaching $44.54. The stock had a trading volume of 74,502 shares, compared to its average volume of 204,093. 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 firm's fifty day simple moving average is $48.23 and its 200-day simple moving average is $50.25. The stock has a market capitalization of $1.41 billion, a P/E ratio of 158.67, a PEG ratio of 0.61 and a beta of 0.21. V2X, Inc. has a 1-year low of $41.08 and a 1-year high of $69.75.

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

Insider Buying and Selling at V2X

In other V2X news, SVP Richard L. Jr. Caputo sold 2,200 shares of the company's stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $46.85, for a total transaction of $103,070.00. Following the sale, the senior vice president now directly owns 19,869 shares of the company's stock, valued at approximately $930,862.65. This represents a 9.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 1.10% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on VVX. Raymond James lowered their target price on V2X from $65.00 to $60.00 and set an "outperform" rating for the company in a research note on Tuesday, February 25th. 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 dropped their price objective on shares of V2X from $58.00 to $54.00 and set a "sector perform" rating for the company in a report on Tuesday, February 25th. Finally, Morgan Stanley started coverage on V2X in a research note on Wednesday, April 16th. They set an "underweight" rating and a $51.00 price target for the company. Two analysts have rated the stock with a sell rating, one has issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target 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.