Jacobs Levy Equity Management Inc. Grows Stock Holdings in V2X, Inc. (NYSE:VVX)

Jacobs Levy Equity Management Inc. raised its stake in V2X, Inc. (NYSE:VVX - Free Report) by 9.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 102,891 shares of the company's stock after buying an additional 9,290 shares during the period. Jacobs Levy Equity Management Inc. owned about 0.33% of V2X worth $4,921,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. FMR LLC raised its holdings in shares of V2X by 23.8% in 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 in the last quarter. Victory Capital Management Inc. bought a new stake in shares of V2X in the 4th quarter valued at about $13,947,000. Assenagon Asset Management S.A. raised its holdings in shares of V2X by 1,014.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 231,592 shares of the company's stock valued at $11,077,000 after purchasing an additional 210,814 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of V2X by 19.1% in 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 in the last quarter. Finally, Barclays PLC raised its holdings in shares of V2X by 416.6% in the 4th quarter. Barclays PLC now owns 143,242 shares of the company's stock valued at $6,853,000 after purchasing an additional 115,515 shares in the last quarter. 95.18% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

VVX has been the subject of several recent research reports. Morgan Stanley initiated coverage on shares of V2X in a report on Wednesday, April 16th. They issued an "underweight" rating and a $51.00 price target for the company. 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 report on Monday, April 14th. Raymond James reduced their price objective 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. Citigroup initiated coverage on shares of V2X in a research note on Tuesday, January 21st. They set a "buy" rating and a $64.00 price objective for the company. Finally, Royal Bank of Canada reduced their price objective on shares of 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 issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $63.67.

V2X Stock Performance

NYSE:VVX traded up $0.49 during trading hours on Tuesday, hitting $48.53. 64,461 shares of the company were exchanged, compared to its average volume of 194,903. The stock has a market capitalization of $1.54 billion, a price-to-earnings ratio of 173.31, a PEG 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. 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 company's 50 day moving average price is $49.33 and its 200-day moving average price is $51.58.

V2X (NYSE:VVX - Get Free Report) last released 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. The company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.04 billion. V2X had a net margin of 0.22% and a return on equity of 13.49%. V2X's revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.90 EPS. As a group, research analysts forecast that V2X, Inc. will post 4.16 earnings per share for the current year.

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.