Ancora Advisors LLC Decreases Stake in V2X, Inc. (NYSE:VVX)

Ancora Advisors LLC lessened its stake in V2X, Inc. (NYSE:VVX - Free Report) by 47.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 123,199 shares of the company's stock after selling 110,146 shares during the quarter. Ancora Advisors LLC owned approximately 0.39% of V2X worth $5,893,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of VVX. Summit Investment Advisors Inc. raised its holdings 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 valued at $71,000 after acquiring an additional 288 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its holdings in V2X by 51.9% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,382 shares of the company's stock worth $114,000 after acquiring an additional 814 shares during the last quarter. KLP Kapitalforvaltning AS bought a new position in V2X during the 4th quarter valued at approximately $134,000. Aquatic Capital Management LLC bought a new stake in V2X in the fourth quarter valued at $171,000. Finally, Edmond DE Rothschild Holding S.A. increased its position in shares of V2X by 15.3% during the fourth quarter. Edmond DE Rothschild Holding S.A. now owns 4,204 shares of the company's stock valued at $201,000 after buying an additional 558 shares during the period. 95.18% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Royal Bank of Canada decreased their price objective on shares of V2X from $58.00 to $54.00 and set a "sector perform" rating for the company in a report on Tuesday, February 25th. Citigroup started coverage on shares of V2X in a research report on Tuesday, January 21st. They issued a "buy" rating and a $64.00 price target for the company. Raymond James dropped their price target on V2X from $65.00 to $60.00 and set an "outperform" rating for the company in a research note on Tuesday, February 25th. Morgan Stanley assumed coverage on shares of V2X in a report on Wednesday, April 16th. They issued an "underweight" rating and a $51.00 target price on the stock. Finally, JMP Securities reiterated a "market outperform" rating and issued a $80.00 price target on shares of V2X in a report on Friday, January 17th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $63.67.

V2X Price Performance

VVX stock traded down $0.21 during mid-day trading on Friday, reaching $50.49. 49,146 shares of the company's stock were exchanged, compared to its average volume of 187,189. The company has a market cap of $1.59 billion, a price-to-earnings ratio of 180.33, a price-to-earnings-growth 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 stock's 50 day moving average is $48.81 and its 200 day moving average is $52.29. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.08 and a quick ratio of 1.08.

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 the consensus estimate of $0.92 by $0.06. V2X had a net margin of 0.22% and a return on equity of 13.49%. The company had revenue of $1.02 billion during 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 firm's revenue was up .5% compared to the same quarter last year. On average, research analysts expect that V2X, Inc. will post 4.16 EPS for the current year.

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.