V2X, Inc. (NYSE:VVX) Shares Acquired by Two Sigma Investments LP

Two Sigma Investments LP increased its holdings in V2X, Inc. (NYSE:VVX - Free Report) by 162.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 61,633 shares of the company's stock after buying an additional 38,169 shares during the quarter. Two Sigma Investments LP owned about 0.20% of V2X worth $2,948,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. FMR LLC grew its stake in shares of V2X by 23.8% during the 4th quarter. FMR LLC now owns 3,712,196 shares of the company's stock worth $177,554,000 after purchasing an additional 714,722 shares during the period. Simcoe Capital Management LLC grew its stake in shares of V2X by 252.8% during the 4th quarter. Simcoe Capital Management LLC now owns 732,940 shares of the company's stock worth $35,057,000 after purchasing an additional 525,204 shares during the period. Victory Capital Management Inc. acquired a new stake in shares of V2X during the 4th quarter worth approximately $13,947,000. Vanguard Group Inc. grew its stake in shares of V2X by 19.1% during the 4th quarter. Vanguard Group Inc. now owns 898,112 shares of the company's stock worth $42,957,000 after purchasing an additional 144,029 shares during the period. Finally, Barclays PLC grew its stake in shares of V2X by 416.6% during the 4th quarter. Barclays PLC now owns 143,242 shares of the company's stock worth $6,853,000 after purchasing an additional 115,515 shares during the period. Institutional investors and hedge funds own 95.18% of the company's stock.

Wall Street Analyst Weigh In

VVX has been the topic of a number of analyst reports. Morgan Stanley initiated coverage on shares of V2X in a research note on Wednesday, April 16th. They set an "underweight" rating and a $51.00 price objective on the stock. Truist Financial dropped their price target on shares of V2X from $68.00 to $55.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Raymond James dropped their price target on shares of V2X from $65.00 to $60.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 25th. Finally, Royal Bank of Canada dropped their price target on shares of V2X from $58.00 to $54.00 and set a "sector perform" rating on the stock in a research note on Tuesday, February 25th. 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. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $63.67.

V2X Price Performance

VVX stock traded down $0.50 during midday trading on Wednesday, reaching $44.32. The stock had a trading volume of 297,910 shares, compared to its average volume of 204,587. The company's fifty day simple moving average is $48.23 and its 200 day simple moving average is $50.25. 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 company has a market cap of $1.40 billion, a price-to-earnings ratio of 158.29, a price-to-earnings-growth ratio of 0.61 and a beta of 0.27. V2X, Inc. has a 52-week low of $41.08 and a 52-week high of $69.75.

V2X (NYSE:VVX - Get Free Report) last posted its quarterly earnings results on Monday, May 5th. The company reported $0.98 EPS for the quarter, topping the consensus estimate of $0.92 by $0.06. V2X had a return on equity of 13.49% and a net margin of 0.22%. 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 previous year, the firm earned $0.90 EPS. The company's quarterly revenue was up .5% compared to the same quarter last year. As a group, sell-side analysts predict that V2X, Inc. will post 4.16 earnings per share for the current fiscal year.

Insider Activity at V2X

In other V2X news, SVP Richard L. Jr. Caputo sold 2,200 shares of V2X stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $46.85, for a total value of $103,070.00. Following the completion of the transaction, 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 transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.10% of the stock is owned by insiders.

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.