7,046 Shares of V2X, Inc. $VVX Purchased by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund purchased a new position in V2X, Inc. (NYSE:VVX) in the 3rd quarter, HoldingsChannel reports. The fund purchased 7,046 shares of the company’s stock, valued at approximately $499,000.

Other institutional investors also recently added to or reduced their stakes in the company. ProShare Advisors LLC grew its stake in shares of V2X by 13.3% during the third quarter. ProShare Advisors LLC now owns 4,355 shares of the company’s stock worth $308,000 after purchasing an additional 510 shares in the last quarter. BOKF NA lifted its holdings in shares of V2X by 16.2% in the 3rd quarter. BOKF NA now owns 11,028 shares of the company’s stock valued at $780,000 after purchasing an additional 1,537 shares during the last quarter. BG Investment Services LLC acquired a new stake in shares of V2X in the third quarter valued at approximately $1,846,000. Simplicity Wealth LLC acquired a new stake in V2X during the 3rd quarter worth $206,000. Finally, Kendall Capital Management grew its holdings in shares of V2X by 11.0% during the third quarter. Kendall Capital Management now owns 51,715 shares of the company’s stock worth $3,660,000 after buying an additional 5,125 shares during the last quarter. Hedge funds and other institutional investors own 95.18% of the company’s stock.

V2X Stock Performance

VVX opened at $82.04 on Thursday. V2X, Inc. has a 1-year low of $50.89 and a 1-year high of $93.98. The stock has a market cap of $2.57 billion, a P/E ratio of 26.13, a P/E/G ratio of 0.63 and a beta of 0.19. The stock’s 50 day simple moving average is $74.26 and its 200 day simple moving average is $74.30. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.36 and a quick ratio of 1.36.

V2X (NYSE:VVX) last posted its earnings results on Monday, November 2nd. The company reported $1.64 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.15. The company had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.22 billion. V2X had a return on equity of 17.88% and a net margin of 1.98%. V2X’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same period in the previous year, the business earned $1.37 earnings per share. As a group, equities analysts anticipate that V2X, Inc. will post 6.39 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Citizens Jmp upped their price objective on shares of V2X from $90.00 to $102.00 and gave the stock a “market outperform” rating in a research report on Tuesday, July 28th. Morgan Stanley lifted their price target on V2X from $80.00 to $90.00 and gave the company an “equal weight” rating in a research note on Tuesday, August 4th. Wall Street Zen cut V2X from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Weiss Ratings restated a “hold (c+)” rating on shares of V2X in a research report on Tuesday, September 8th. Finally, Robert W. Baird cut shares of V2X from an “outperform” rating to a “neutral” rating and set a $94.00 price target on the stock. in a research note on Tuesday, August 4th. Five equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, V2X currently has a consensus rating of “Hold” and an average price target of $89.70.

V2X Company Profile

V2X, Inc. provides mission-critical services and technology to the U.S. government, defense and intelligence organizations, and international customers. Its work supports military operations and other government missions in the United States and around the world. The company’s services include logistics and supply-chain management, base and facility operations, equipment maintenance, engineering, training, information technology, and cybersecurity. V2X also provides operational and technical support intended to help customers manage complex missions and infrastructure.