First Eagle Investment Management LLC Sells 18,200 Shares of V2X, Inc. (NYSE:VVX)

First Eagle Investment Management LLC lowered its position in shares of V2X, Inc. (NYSE:VVX) by 10.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 160,633 shares of the company’s stock after selling 18,200 shares during the quarter. First Eagle Investment Management LLC owned about 0.51% of V2X worth $7,683,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. US Bancorp DE boosted its position 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 purchasing an additional 460 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its position in shares of V2X by 51.9% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,382 shares of the company’s stock worth $114,000 after purchasing an additional 814 shares in the last quarter. Rhumbline Advisers boosted its position in shares of V2X by 5.0% during the 4th quarter. Rhumbline Advisers now owns 21,239 shares of the company’s stock worth $1,016,000 after purchasing an additional 1,004 shares in the last quarter. Olympiad Research LP boosted its position in shares of V2X by 19.1% during the 4th quarter. Olympiad Research LP now owns 6,382 shares of the company’s stock worth $305,000 after purchasing an additional 1,022 shares in the last quarter. Finally, Martingale Asset Management L P boosted its position in shares of V2X by 20.1% during the 3rd quarter. Martingale Asset Management L P now owns 11,482 shares of the company’s stock worth $641,000 after purchasing an additional 1,920 shares in the last quarter. Institutional investors own 95.18% of the company’s stock.

V2X Trading Up 0.7 %

NYSE:VVX opened at $48.97 on Friday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.08 and a current ratio of 1.08. The firm has a market cap of $1.55 billion, a price-to-earnings ratio of 174.88, a price-to-earnings-growth ratio of 0.61 and a beta of 0.61. V2X, Inc. has a 52 week low of $41.08 and a 52 week high of $69.75. The firm has a 50-day moving average price of $48.66 and a two-hundred day moving average price of $54.29.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on VVX shares. The Goldman Sachs Group started coverage on shares of V2X in a research report on Thursday, December 12th. They set a “sell” rating and a $54.00 price objective on the stock. Raymond James cut their price objective on shares of V2X from $65.00 to $60.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 25th. JMP Securities reaffirmed a “market outperform” rating and issued a $80.00 price target on shares of V2X in a research report on Friday, January 17th. Citigroup began coverage on shares of V2X in a research report on Tuesday, January 21st. They issued a “buy” rating and a $64.00 price target on the stock. Finally, BTIG Research began coverage on shares of V2X in a research report on Monday, November 25th. They issued a “buy” rating and a $80.00 price target on the stock. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, V2X currently has an average rating of “Moderate Buy” and an average price target of $65.38.

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.