UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Increases Holdings in V2X, Inc. (NYSE:VVX)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of V2X, Inc. (NYSE:VVX - Free Report) by 41.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 44,797 shares of the company's stock after purchasing an additional 13,175 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.14% of V2X worth $2,143,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. FMR LLC increased its holdings in 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 purchasing an additional 714,722 shares during the period. Vanguard Group Inc. increased its holdings in 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 purchasing an additional 144,029 shares during the period. Dimensional Fund Advisors LP increased its holdings in 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 purchasing an additional 97,399 shares during the period. Simcoe Capital Management LLC increased its holdings in V2X by 252.8% during the 4th quarter. Simcoe Capital Management LLC now owns 732,940 shares of the company's stock valued at $35,057,000 after purchasing an additional 525,204 shares during the period. Finally, Zimmer Partners LP increased its holdings in V2X by 48.5% during the 4th quarter. Zimmer Partners LP now owns 389,609 shares of the company's stock valued at $18,635,000 after purchasing an additional 127,189 shares during the period. Hedge funds and other institutional investors own 95.18% of the company's stock.

V2X Stock Performance

Shares of VVX opened at $44.99 on Friday. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.09. The business's 50 day moving average price is $48.07 and its 200-day moving average price is $50.06. V2X, Inc. has a 52 week low of $41.08 and a 52 week high of $69.75. The stock has a market cap of $1.43 billion, a P/E ratio of 160.68, a P/E/G ratio of 0.61 and a beta of 0.21.

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

Insider Transactions at V2X

In other news, SVP Richard L. Jr. Caputo sold 2,200 shares of the business's stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of $46.85, for a total value of $103,070.00. Following the sale, the senior vice president now directly owns 19,869 shares of the company's stock, valued at $930,862.65. The trade was a 9.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 1.10% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on VVX shares. Morgan Stanley assumed coverage on V2X in a research report on Wednesday, April 16th. They issued an "underweight" rating and a $51.00 target price for the company. Truist Financial lowered their target price on V2X from $68.00 to $55.00 and set a "buy" rating for the company in a research note on Monday, April 14th. 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. Finally, 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. Two analysts have rated the stock with a sell rating, one has assigned a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, V2X has a consensus rating of "Moderate Buy" and a consensus price target of $63.67.

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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