MRA Advisory Group Makes New Investment in V2X, Inc. (NYSE:VVX)

MRA Advisory Group purchased a new stake in shares of V2X, Inc. (NYSE:VVX) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 6,744 shares of the company’s stock, valued at approximately $323,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Quest Partners LLC increased its holdings in V2X by 112.3% during the 2nd quarter. Quest Partners LLC now owns 673 shares of the company’s stock worth $32,000 after acquiring an additional 356 shares during the period. US Bancorp DE increased its holdings in shares of V2X by 81.0% in the third quarter. US Bancorp DE now owns 1,028 shares of the company’s stock worth $57,000 after purchasing an additional 460 shares during the period. nVerses Capital LLC bought a new position in shares of V2X in the third quarter worth $95,000. SG Americas Securities LLC purchased a new stake in shares of V2X in the third quarter worth $199,000. Finally, Quadrature Capital Ltd bought a new stake in V2X during the third quarter valued at $207,000. 95.18% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at V2X

In other V2X news, General Counsel Jeremy John Nance sold 2,500 shares of V2X stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $61.43, for a total transaction of $153,575.00. Following the sale, the general counsel now directly owns 10,634 shares of the company’s stock, valued at approximately $653,246.62. The trade was a 19.03 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.10% of the stock is owned by corporate insiders.

V2X Trading Up 1.6 %

Shares of VVX stock opened at $47.53 on Tuesday. The business has a 50-day moving average of $56.17 and a 200 day moving average of $54.55. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.08 and a quick ratio of 1.08. V2X, Inc. has a 1-year low of $37.04 and a 1-year high of $69.75. The stock has a market capitalization of $1.50 billion, a PE ratio of 169.76 and a beta of 0.59.

V2X (NYSE:VVX) last released its quarterly earnings data on Monday, November 4th. The company reported $1.29 earnings per share for the quarter, beating analysts’ consensus estimates of $1.07 by $0.22. The firm had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.07 billion. V2X had a return on equity of 13.49% and a net margin of 0.22%. The business’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.73 earnings per share. As a group, sell-side analysts anticipate that V2X, Inc. will post 4.14 earnings per share for the current year.

Analyst Ratings Changes

VVX has been the topic of several research analyst reports. Baird R W upgraded shares of V2X to a “strong-buy” rating in a research report on Friday, October 11th. Robert W. Baird assumed coverage on shares of V2X in a research report on Friday, October 11th. They set an “outperform” rating and a $75.00 price objective on the stock. BTIG Research initiated coverage on shares of V2X in a research report on Monday, November 25th. They issued a “buy” rating and a $80.00 target price for the company. JMP Securities raised their price target on V2X from $65.00 to $80.00 and gave the company a “market outperform” rating in a research report on Tuesday, November 5th. Finally, The Goldman Sachs Group started coverage on V2X in a research note on Thursday, December 12th. They set a “sell” rating and a $54.00 price target for the company. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, V2X presently has a consensus rating of “Moderate Buy” and a consensus price target of $66.86.

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.