Aurora Investment Counsel trimmed its holdings in shares of V2X, Inc. (NYSE:VVX – Free Report) by 34.6% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 21,776 shares of the company’s stock after selling 11,529 shares during the period. Aurora Investment Counsel owned approximately 0.07% of V2X worth $1,492,000 as of its most recent SEC filing.
A number of other hedge funds have also recently made changes to their positions in VVX. Comerica Bank boosted its holdings in V2X by 79.1% in the third quarter. Comerica Bank now owns 480 shares of the company’s stock worth $28,000 after acquiring an additional 212 shares in the last quarter. Fifth Third Bancorp purchased a new position in V2X in the first quarter worth about $46,000. Larson Financial Group LLC raised its holdings in V2X by 207.3% in the third quarter. Larson Financial Group LLC now owns 759 shares of the company’s stock worth $44,000 after buying an additional 512 shares during the last quarter. Osaic Holdings Inc. lifted its stake in shares of V2X by 140.0% in the second quarter. Osaic Holdings Inc. now owns 1,068 shares of the company’s stock worth $52,000 after buying an additional 623 shares in the last quarter. Finally, New York State Teachers Retirement System lifted its stake in shares of V2X by 16.6% in the fourth quarter. New York State Teachers Retirement System now owns 1,762 shares of the company’s stock worth $96,000 after buying an additional 251 shares in the last quarter. 95.18% of the stock is owned by institutional investors.
V2X Price Performance
NYSE VVX opened at $75.60 on Friday. The stock has a market capitalization of $2.37 billion, a price-to-earnings ratio of 27.10, a PEG ratio of 0.60 and a beta of 0.22. V2X, Inc. has a 1-year low of $46.27 and a 1-year high of $91.80. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.25 and a quick ratio of 1.25. The business’s fifty day moving average price is $77.98 and its 200-day moving average price is $71.03.
Analyst Ratings Changes
A number of brokerages recently weighed in on VVX. Truist Financial boosted their price objective on shares of V2X from $68.00 to $70.00 and gave the stock a “hold” rating in a report on Tuesday, May 5th. Stifel Nicolaus lifted their target price on V2X from $77.50 to $79.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Morgan Stanley lifted their target price on V2X from $74.00 to $80.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 5th. Citizens Jmp upped their price target on V2X from $80.00 to $90.00 and gave the company a “market outperform” rating in a report on Tuesday, May 5th. Finally, Zacks Research raised V2X from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $80.90.
Check Out Our Latest Research Report on VVX
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.
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