V2X, Inc. (NYSE:VVX) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP trimmed its holdings in V2X, Inc. (NYSE:VVXFree Report) by 4.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 452,005 shares of the company’s stock after selling 23,463 shares during the quarter. Dimensional Fund Advisors LP owned about 1.45% of V2X worth $20,992,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. FMR LLC lifted its holdings in shares of V2X by 15.4% in the 3rd quarter. FMR LLC now owns 3,026,115 shares of the company’s stock valued at $156,329,000 after purchasing an additional 402,753 shares during the last quarter. Moneta Group Investment Advisors LLC purchased a new position in shares of V2X during the third quarter worth approximately $4,048,000. Barclays PLC grew its position in shares of V2X by 10.1% during the third quarter. Barclays PLC now owns 10,108 shares of the company’s stock worth $521,000 after acquiring an additional 925 shares during the last quarter. Assenagon Asset Management S.A. purchased a new position in shares of V2X during the fourth quarter worth approximately $836,000. Finally, New York State Common Retirement Fund increased its holdings in shares of V2X by 6.5% in the 3rd quarter. New York State Common Retirement Fund now owns 17,516 shares of the company’s stock valued at $905,000 after acquiring an additional 1,072 shares during the period. Institutional investors and hedge funds own 95.18% of the company’s stock.

V2X Trading Down 0.6 %

NYSE VVX opened at $46.89 on Wednesday. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.16. The stock has a market capitalization of $1.48 billion, a P/E ratio of -360.69 and a beta of 0.63. V2X, Inc. has a 52-week low of $37.04 and a 52-week high of $56.75. The firm has a 50-day moving average price of $47.33 and a 200 day moving average price of $43.80.

V2X (NYSE:VVXGet Free Report) last issued its earnings results on Tuesday, May 7th. The company reported $0.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.15. V2X had a positive return on equity of 12.25% and a negative net margin of 0.10%. The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $973.17 million. During the same period in the prior year, the business posted $0.80 EPS. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. Equities research analysts expect that V2X, Inc. will post 4.09 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have commented on VVX. Stifel Nicolaus lifted their price objective on shares of V2X from $52.00 to $56.00 and gave the company a “hold” rating in a research note on Wednesday, May 8th. Royal Bank of Canada upped their price objective on V2X from $50.00 to $55.00 and gave the company an “outperform” rating in a research note on Wednesday, May 8th. Finally, JMP Securities reiterated a “market outperform” rating and issued a $65.00 target price on shares of V2X in a research note on Friday, May 17th.

Get Our Latest Report on VVX

About V2X

(Free Report)

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.

Featured Articles

Institutional Ownership by Quarter for V2X (NYSE:VVX)

Receive News & Ratings for V2X Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for V2X and related companies with MarketBeat.com's FREE daily email newsletter.