Two Sigma Advisers LP Purchases New Shares in V2X, Inc. (NYSE:VVX)

Two Sigma Advisers LP bought a new position in V2X, Inc. (NYSE:VVX - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 7,100 shares of the company's stock, valued at approximately $340,000.

A number of other institutional investors have also modified their holdings of VVX. Two Sigma Investments LP lifted its stake in V2X by 162.7% during the fourth quarter. Two Sigma Investments LP now owns 61,633 shares of the company's stock worth $2,948,000 after purchasing an additional 38,169 shares during the last quarter. State of Wyoming bought a new position in shares of V2X in the 4th quarter worth about $45,000. Sandia Investment Management LP acquired a new position in shares of V2X in the 4th quarter valued at about $263,000. Simcoe Capital Management LLC boosted its holdings in shares of V2X by 252.8% in the 4th quarter. Simcoe Capital Management LLC now owns 732,940 shares of the company's stock valued at $35,057,000 after buying an additional 525,204 shares during the period. Finally, Point72 Asset Management L.P. bought a new stake in shares of V2X during the 4th quarter valued at about $818,000. Institutional investors and hedge funds own 95.18% of the company's stock.

V2X Stock Performance

VVX traded up $0.04 during trading hours on Monday, hitting $45.07. The company's stock had a trading volume of 162,137 shares, compared to its average volume of 205,536. The company has a 50-day simple moving average of $48.07 and a 200 day simple moving average of $49.90. 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 firm has a market capitalization of $1.43 billion, a PE ratio of 160.97, a PEG ratio of 0.61 and a beta of 0.21. V2X, Inc. has a fifty-two week low of $41.08 and a fifty-two week high of $69.75.

V2X (NYSE:VVX - Get Free Report) last issued its quarterly earnings data 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 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 revenue was up .5% on a year-over-year basis. During the same period in the previous year, the business earned $0.90 earnings per share. As a group, sell-side analysts expect that V2X, Inc. will post 4.16 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Morgan Stanley began coverage on V2X in a research note on Wednesday, April 16th. They issued an "underweight" rating and a $51.00 target price for the company. Raymond James cut their price target on V2X from $65.00 to $60.00 and set an "outperform" rating on the stock in a report on Tuesday, February 25th. Truist Financial reduced their price objective on V2X from $68.00 to $55.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Finally, Royal Bank of Canada dropped their target price on V2X from $58.00 to $54.00 and set a "sector perform" rating on the stock in a research report on Tuesday, February 25th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $63.67.

Insider Transactions at V2X

In related news, SVP Richard L. Jr. Caputo sold 4,000 shares of V2X stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $44.43, for a total transaction of $177,720.00. Following the transaction, the senior vice president now directly owns 15,869 shares of the company's stock, valued at $705,059.67. The trade was a 20.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.10% of the company's stock.

V2X Company 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.