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

Oregon Public Employees Retirement Fund bought a new stake in shares of V2X, Inc. (NYSE:VVX) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 7,046 shares of the company’s stock, valued at approximately $499,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in VVX. ProShare Advisors LLC lifted its position in shares of V2X by 13.3% in the 3rd quarter. ProShare Advisors LLC now owns 4,355 shares of the company’s stock worth $308,000 after purchasing an additional 510 shares during the period. BOKF NA increased 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 acquiring an additional 1,537 shares during the period. BG Investment Services LLC purchased a new position in V2X in the third quarter valued at about $1,846,000. Simplicity Wealth LLC bought a new position in V2X in the third quarter worth about $206,000. Finally, Kendall Capital Management lifted its position in shares of V2X by 11.0% during the third quarter. Kendall Capital Management now owns 51,715 shares of the company’s stock valued at $3,660,000 after buying an additional 5,125 shares during the last quarter. Institutional investors own 95.18% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Royal Bank Of Canada raised their target price on shares of V2X from $81.00 to $88.00 and gave the company a “sector perform” rating in a research note on Tuesday, November 3rd. Citizens Jmp upped their price objective on shares of V2X from $90.00 to $102.00 and gave the company a “market outperform” rating in a report on Tuesday, July 28th. Zacks Research cut shares of V2X from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 7th. Wall Street Zen downgraded shares of V2X from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of V2X in a research report on Tuesday, September 8th. Five equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $89.70.

V2X Stock Down 0.8%

Shares of VVX stock opened at $82.04 on Thursday. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.88. 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 has a 50 day moving average of $74.26 and a 200 day moving average of $74.30. V2X, Inc. has a twelve month low of $50.89 and a twelve month high of $93.98.

V2X (NYSE:VVX) last released its quarterly earnings results on Monday, November 2nd. The company reported $1.64 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.15. The company had revenue of $1.27 billion during the quarter, compared to analysts’ expectations 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 quarter in the prior year, the firm posted $1.37 EPS. As a group, sell-side analysts expect that V2X, Inc. will post 6.39 EPS for the current year.

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.