V2X, Inc. (NYSE:VVX) Shares Sold by Versor Investments LP

Versor Investments LP trimmed its holdings in shares of V2X, Inc. (NYSE:VVX) by 32.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,393 shares of the company’s stock after selling 2,607 shares during the quarter. Versor Investments LP’s holdings in V2X were worth $258,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in VVX. US Bancorp DE boosted its holdings in V2X by 81.0% in the third quarter. US Bancorp DE now owns 1,028 shares of the company’s stock worth $57,000 after acquiring an additional 460 shares in the last quarter. Stephens Inc. AR acquired a new stake in V2X in the 3rd quarter worth approximately $247,000. Olympiad Research LP purchased a new stake in V2X during the 3rd quarter worth approximately $299,000. Quest Partners LLC increased its stake in V2X by 1,341.0% during the 3rd quarter. Quest Partners LLC now owns 9,698 shares of the company’s stock valued at $542,000 after purchasing an additional 9,025 shares in the last quarter. Finally, Intech Investment Management LLC purchased a new position in shares of V2X in the third quarter worth $284,000. 95.18% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

VVX has been the topic of a number of research analyst reports. Royal Bank of Canada dropped their price objective on shares of V2X from $58.00 to $54.00 and set a “sector perform” rating on the stock in a report on Tuesday, February 25th. BTIG Research assumed coverage on V2X in a research note on Monday, November 25th. They set a “buy” rating and a $80.00 price target on the stock. JMP Securities restated a “market outperform” rating and issued a $80.00 price objective on shares of V2X in a research note on Friday, January 17th. Raymond James dropped their target price on V2X from $65.00 to $60.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 25th. Finally, Citigroup assumed coverage on shares of V2X in a research report on Tuesday, January 21st. They set a “buy” rating and a $64.00 price target for the company. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, V2X has an average rating of “Moderate Buy” and an average price target of $65.38.

V2X Trading Down 2.8 %

Shares of NYSE:VVX opened at $45.59 on Tuesday. 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, Inc. has a 12-month low of $38.27 and a 12-month high of $69.75. The business has a 50 day moving average of $48.79 and a two-hundred day moving average of $54.58. The company has a market capitalization of $1.44 billion, a PE ratio of 162.83, a PEG ratio of 0.61 and a beta of 0.60.

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.