XTX Topco Ltd Cuts Stake in V2X, Inc. (NYSE:VVX)

XTX Topco Ltd reduced its position in V2X, Inc. (NYSE:VVX) by 33.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,183 shares of the company’s stock after selling 3,059 shares during the quarter. XTX Topco Ltd’s holdings in V2X were worth $303,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. State of Wyoming purchased a new stake in shares of V2X during the fourth quarter valued at $45,000. Whipplewood Advisors LLC grew its holdings in shares of V2X by 4,066.7% during the first quarter. Whipplewood Advisors LLC now owns 1,000 shares of the company’s stock valued at $49,000 after buying an additional 976 shares during the last quarter. CWM LLC grew its holdings in shares of V2X by 239.0% during the first quarter. CWM LLC now owns 990 shares of the company’s stock valued at $49,000 after buying an additional 698 shares during the last quarter. Summit Investment Advisors Inc. grew its holdings in shares of V2X by 24.1% during the fourth quarter. Summit Investment Advisors Inc. now owns 1,482 shares of the company’s stock valued at $71,000 after buying an additional 288 shares during the last quarter. Finally, Wealthquest Corp purchased a new stake in shares of V2X during the first quarter valued at $97,000. 95.18% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on VVX. Wall Street Zen raised shares of V2X from a “hold” rating to a “buy” rating in a report on Saturday. Morgan Stanley began coverage on shares of V2X in a report on Wednesday, April 16th. They set an “underweight” rating and a $51.00 price objective on the stock. Stifel Nicolaus set a $63.00 price objective on shares of V2X and gave the company a “buy” rating in a report on Tuesday, August 5th. Finally, Truist Financial dropped their price objective on shares of V2X from $68.00 to $55.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, V2X has an average rating of “Moderate Buy” and a consensus target price of $63.60.

Insider Buying and Selling at V2X

In other V2X news, SVP Richard L. Jr. Caputo sold 4,000 shares of the company’s stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $44.43, for a total value of $177,720.00. Following the completion of the transaction, the senior vice president owned 15,869 shares in the company, valued at approximately $705,059.67. This represents a 20.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.10% of the company’s stock.

V2X Trading Down 4.7%

NYSE VVX opened at $50.81 on Monday. The company has a market capitalization of $1.61 billion, a PE ratio of 23.10, a P/E/G ratio of 0.55 and a beta of 0.27. The company has a fifty day moving average of $47.60 and a 200 day moving average of $48.22. V2X, Inc. has a 1 year low of $41.08 and a 1 year high of $69.75. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.20 and a quick ratio of 1.20.

V2X (NYSE:VVX) last posted its earnings results on Monday, August 4th. The company reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.33. The company had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.06 billion. V2X had a net margin of 1.63% and a return on equity of 15.28%. The firm’s quarterly revenue was up .6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.83 earnings per share. Research analysts forecast that V2X, Inc. will post 4.16 earnings per share for the current year.

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.