3,050 Shares in V2X, Inc. (NYSE:VVX) Bought by Edmond DE Rothschild Holding S.A.

Edmond DE Rothschild Holding S.A. acquired a new position in shares of V2X, Inc. (NYSE:VVX) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 3,050 shares of the company’s stock, valued at approximately $142,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in V2X by 1.7% during the third quarter. Vanguard Group Inc. now owns 566,846 shares of the company’s stock valued at $29,283,000 after buying an additional 9,308 shares in the last quarter. Raymond James & Associates lifted its holdings in shares of V2X by 22.6% during the fourth quarter. Raymond James & Associates now owns 16,115 shares of the company’s stock valued at $748,000 after purchasing an additional 2,974 shares during the last quarter. Assenagon Asset Management S.A. purchased a new stake in shares of V2X during the fourth quarter valued at $836,000. Allspring Global Investments Holdings LLC lifted its holdings in shares of V2X by 24.3% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 8,239 shares of the company’s stock valued at $383,000 after purchasing an additional 1,612 shares during the last quarter. Finally, Strs Ohio purchased a new stake in shares of V2X during the fourth quarter valued at $78,000. Institutional investors own 95.18% of the company’s stock.

V2X Stock Down 0.6 %

VVX stock traded down $0.32 during mid-day trading on Wednesday, hitting $52.15. The stock had a trading volume of 85,715 shares, compared to its average volume of 87,790. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 1.16. V2X, Inc. has a 1-year low of $37.04 and a 1-year high of $56.75. The company has a fifty day moving average of $47.43 and a 200 day moving average of $44.60. The stock has a market capitalization of $1.64 billion, a price-to-earnings ratio of -401.15 and a beta of 0.59.

V2X (NYSE:VVX) last issued its quarterly earnings data on Tuesday, May 7th. The company reported $0.90 earnings per share for the quarter, beating 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 for the quarter, compared to the consensus estimate of $973.17 million. During the same period last year, the business earned $0.80 EPS. The firm’s revenue was up 7.1% compared to the same quarter last year. On average, equities analysts expect that V2X, Inc. will post 4.09 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Royal Bank of Canada upped their target price on V2X from $50.00 to $55.00 and gave the company an “outperform” rating in a report on Wednesday, May 8th. JMP Securities reissued a “market outperform” rating and issued a $65.00 price objective on shares of V2X in a research note on Friday, May 17th. Finally, Stifel Nicolaus increased their price objective on V2X from $52.00 to $56.00 and gave the stock a “hold” rating in a research note on Wednesday, May 8th.

V2X Company 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.