V2X, Inc. (NYSE:VVX) Stock Holdings Lowered by Ancora Advisors LLC

Ancora Advisors LLC reduced its position in V2X, Inc. (NYSE:VVX) by 38.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 146,977 shares of the company’s stock after selling 91,516 shares during the period. Ancora Advisors LLC owned about 0.47% of V2X worth $6,865,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in VVX. Cape Investment Advisory Inc. purchased a new position in V2X during the fourth quarter valued at approximately $34,000. Quest Partners LLC acquired a new stake in V2X in the fourth quarter valued at approximately $65,000. Strs Ohio acquired a new stake in V2X in the fourth quarter valued at approximately $78,000. Edmond DE Rothschild Holding S.A. acquired a new stake in V2X in the first quarter valued at approximately $142,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of V2X by 101.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,588 shares of the company’s stock worth $167,000 after buying an additional 1,805 shares during the last quarter. 95.18% of the stock is owned by hedge funds and other institutional investors.

V2X Stock Down 0.6 %

VVX traded down $0.33 during trading on Wednesday, reaching $51.40. The company had a trading volume of 10,744 shares, compared to its average volume of 86,077. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.12 and a quick ratio of 1.12. V2X, Inc. has a 12 month low of $37.04 and a 12 month high of $56.75. The business’s fifty day moving average price is $48.23 and its 200 day moving average price is $45.23. The company has a market cap of $1.62 billion, a P/E ratio of -400.85 and a beta of 0.59.

V2X (NYSE:VVX) last posted its quarterly earnings data on Tuesday, May 7th. The company reported $0.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.15. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $973.17 million. V2X had a negative net margin of 0.10% and a positive return on equity of 12.25%. The firm’s revenue was up 7.1% compared to the same quarter last year. During the same period last year, the company earned $0.80 earnings per share. Equities analysts anticipate that V2X, Inc. will post 4.09 EPS for the current year.

Analysts Set New Price Targets

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

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.