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

Two Sigma Investments LP lifted its position in shares of V2X, Inc. (NYSE:VVX - Free Report) by 162.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 61,633 shares of the company's stock after purchasing an additional 38,169 shares during the period. Two Sigma Investments LP owned 0.20% of V2X worth $2,948,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. The Manufacturers Life Insurance Company boosted its holdings in shares of V2X by 3.7% during the 4th 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 in the last quarter. Summit Investment Advisors Inc. boosted its stake in shares of V2X by 24.1% in the 4th quarter. Summit Investment Advisors Inc. now owns 1,482 shares of the company's stock worth $71,000 after buying an additional 288 shares during the last quarter. Corebridge Financial Inc. grew its stake in shares of V2X by 7.1% during the 4th quarter. Corebridge Financial Inc. now owns 7,044 shares of the company's stock valued at $337,000 after purchasing an additional 470 shares during the period. LPL Financial LLC grew its position in V2X by 11.0% during the fourth quarter. LPL Financial LLC now owns 5,112 shares of the company's stock valued at $245,000 after buying an additional 508 shares during the period. Finally, Edmond DE Rothschild Holding S.A. raised its holdings in V2X by 15.3% in the 4th quarter. Edmond DE Rothschild Holding S.A. now owns 4,204 shares of the company's stock worth $201,000 after purchasing an additional 558 shares during the period. Hedge funds and other institutional investors own 95.18% of the company's stock.

V2X Stock Performance

Shares of NYSE VVX traded up $0.25 during trading on Wednesday, reaching $45.07. 41,743 shares of the company traded hands, compared to its average volume of 202,977. The stock has a market cap of $1.43 billion, a P/E ratio of 160.88, a PEG ratio of 0.61 and a beta of 0.27. V2X, Inc. has a 12-month low of $41.08 and a 12-month high of $69.75. The firm's fifty day simple moving average is $48.34 and its 200 day simple moving average is $50.29. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.09.

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

Analysts Set New Price Targets

A number of research firms have commented on VVX. Royal Bank of Canada decreased their price target on V2X from $58.00 to $54.00 and set a "sector perform" rating on the stock in a report on Tuesday, February 25th. Truist Financial lowered their price objective 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 dropped their price target on shares of V2X from $65.00 to $60.00 and set an "outperform" rating for the company in a research note on Tuesday, February 25th. Finally, Morgan Stanley began coverage on V2X in a report on Wednesday, April 16th. They issued an "underweight" rating and a $51.00 price target for the company. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, V2X presently has an average rating of "Moderate Buy" and an average price target of $63.67.

Insider Transactions at V2X

In other news, SVP Richard L. Jr. Caputo sold 2,200 shares of V2X stock in a transaction that occurred 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 owns 19,869 shares of the company's stock, valued at approximately $930,862.65. The trade was a 9.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.10% of the company's stock.

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.