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

Versor Investments LP decreased its holdings in V2X, Inc. (NYSE:VVX) by 32.6% in the fourth quarter, HoldingsChannel.com reports. The firm 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 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of VVX. US Bancorp DE raised its stake in shares of V2X by 81.0% during the 3rd quarter. US Bancorp DE now owns 1,028 shares of the company’s stock worth $57,000 after buying an additional 460 shares during the period. Harel Insurance Investments & Financial Services Ltd. grew its position in shares of V2X by 51.9% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,382 shares of the company’s stock valued at $114,000 after purchasing an additional 814 shares during the period. Quadrature Capital Ltd purchased a new stake in shares of V2X during the third quarter worth about $207,000. Paloma Partners Management Co purchased a new stake in shares of V2X during the third quarter worth about $219,000. Finally, Stephens Inc. AR acquired a new position in shares of V2X during the 3rd quarter worth about $247,000. Hedge funds and other institutional investors own 95.18% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on VVX. Raymond James lowered their price objective on V2X from $65.00 to $60.00 and set an “outperform” rating on the stock in a report on Tuesday, February 25th. JMP Securities reiterated a “market outperform” rating and set a $80.00 price target on shares of V2X in a research report on Friday, January 17th. The Goldman Sachs Group assumed coverage on V2X in a report on Thursday, December 12th. They issued a “sell” rating and a $54.00 price objective on the stock. BTIG Research assumed coverage on shares of V2X in a report on Monday, November 25th. They set a “buy” rating and a $80.00 target price for the company. Finally, Royal Bank of Canada reduced their target price on shares of V2X from $58.00 to $54.00 and set a “sector perform” rating for the company in a research report on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, V2X currently has a consensus rating of “Moderate Buy” and an average target price of $65.38.

V2X Stock Down 2.8 %

Shares of VVX opened at $45.59 on Tuesday. The stock has a fifty day simple moving average of $48.79 and a two-hundred day simple moving average of $54.58. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.09. The company has a market capitalization of $1.44 billion, a PE ratio of 162.83, a price-to-earnings-growth ratio of 0.61 and a beta of 0.60. V2X, Inc. has a 52-week low of $38.27 and a 52-week high of $69.75.

About V2X

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.