Aip LLC Trims Stock Holdings in V2X, Inc. (NYSE:VVX)

Aip LLC decreased its position in V2X, Inc. (NYSE:VVX) by 15.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,167,286 shares of the company’s stock after selling 2,500,000 shares during the period. V2X makes up 89.3% of Aip LLC’s holdings, making the stock its biggest holding. Aip LLC owned about 0.45% of V2X worth $677,621,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. FMR LLC increased its stake in V2X by 23.8% in the fourth quarter. FMR LLC now owns 3,712,196 shares of the company’s stock valued at $177,554,000 after purchasing an additional 714,722 shares in the last quarter. Victory Capital Management Inc. bought a new stake in V2X in the 4th quarter valued at about $13,947,000. Assenagon Asset Management S.A. raised its stake in V2X by 1,014.6% during the 4th quarter. Assenagon Asset Management S.A. now owns 231,592 shares of the company’s stock worth $11,077,000 after buying an additional 210,814 shares during the period. Vanguard Group Inc. boosted its holdings in V2X by 19.1% in the fourth quarter. Vanguard Group Inc. now owns 898,112 shares of the company’s stock worth $42,957,000 after acquiring an additional 144,029 shares in the last quarter. Finally, Barclays PLC grew its stake in V2X by 416.6% in the fourth quarter. Barclays PLC now owns 143,242 shares of the company’s stock valued at $6,853,000 after acquiring an additional 115,515 shares during the period. Institutional investors own 95.18% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on VVX shares. JMP Securities reaffirmed a “market outperform” rating and set a $80.00 target price on shares of V2X in a research report on Friday, January 17th. Royal Bank of Canada reduced their price objective on shares of V2X from $58.00 to $54.00 and set a “sector perform” rating for the company in a report on Tuesday, February 25th. Raymond James lowered their target price on shares of V2X from $65.00 to $60.00 and set an “outperform” rating on the stock in a report on Tuesday, February 25th. Truist Financial cut their price target on V2X from $68.00 to $55.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Finally, Citigroup assumed coverage on V2X in a research note on Tuesday, January 21st. They issued a “buy” rating and a $64.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $62.90.

V2X Price Performance

Shares of NYSE VVX opened at $49.42 on Friday. The company has a market capitalization of $1.56 billion, a PE ratio of 176.51, a PEG ratio of 0.61 and a beta of 0.45. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.09. The stock’s 50 day moving average price is $48.61 and its 200-day moving average price is $52.61. V2X, Inc. has a twelve month low of $41.08 and a twelve month high of $69.75.

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.