JPMorgan Chase & Co. Has $19.04 Million Stock Holdings in V2X, Inc. (NYSE:VVX)

JPMorgan Chase & Co. boosted its position in V2X, Inc. (NYSE:VVX - Free Report) by 9.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 340,793 shares of the company's stock after buying an additional 29,869 shares during the quarter. JPMorgan Chase & Co. owned approximately 1.08% of V2X worth $19,037,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of VVX. Quest Partners LLC grew its position in shares of V2X by 112.3% during the 2nd quarter. Quest Partners LLC now owns 673 shares of the company's stock valued at $32,000 after buying an additional 356 shares during the last quarter. Assenagon Asset Management S.A. grew its holdings in shares of V2X by 1.9% during the third quarter. Assenagon Asset Management S.A. now owns 20,778 shares of the company's stock valued at $1,161,000 after purchasing an additional 394 shares during the last quarter. US Bancorp DE raised its position in shares of V2X by 81.0% during the 3rd 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. Lakewood Asset Management LLC lifted its holdings in shares of V2X by 8.1% in the 3rd quarter. Lakewood Asset Management LLC now owns 6,185 shares of the company's stock worth $345,000 after purchasing an additional 462 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in V2X by 6.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 7,225 shares of the company's stock valued at $347,000 after purchasing an additional 468 shares during the period. Institutional investors own 95.18% of the company's stock.

V2X Price Performance

Shares of VVX stock traded down $0.48 during mid-day trading on Friday, hitting $46.69. 169,982 shares of the stock traded hands, compared to its average volume of 198,130. V2X, Inc. has a twelve month low of $37.04 and a twelve month high of $69.75. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.08 and a current ratio of 1.08. The company's 50-day simple moving average is $56.46 and its 200-day simple moving average is $54.47. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of 166.76 and a beta of 0.59.

V2X (NYSE:VVX - Get Free Report) last issued its quarterly earnings results on Monday, November 4th. The company reported $1.29 EPS for the quarter, topping the consensus estimate of $1.07 by $0.22. V2X had a net margin of 0.22% and a return on equity of 13.49%. The firm had revenue of $1.08 billion for the quarter, compared to analysts' expectations of $1.07 billion. During the same period in the previous year, the business earned $0.73 earnings per share. V2X's revenue for the quarter was up 8.0% compared to the same quarter last year. As a group, equities research analysts expect that V2X, Inc. will post 4.14 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have weighed in on VVX shares. JMP Securities increased their target price on V2X from $65.00 to $80.00 and gave the stock a "market outperform" rating in a research report on Tuesday, November 5th. Baird R W raised shares of V2X to a "strong-buy" rating in a report on Friday, October 11th. The Goldman Sachs Group assumed coverage on shares of V2X in a research note on Thursday, December 12th. They set a "sell" rating and a $54.00 target price for the company. Raymond James restated an "outperform" rating and issued a $65.00 price target (down previously from $72.00) on shares of V2X in a research note on Thursday, January 2nd. Finally, BTIG Research started coverage on V2X in a report on Monday, November 25th. They issued a "buy" rating and a $80.00 price objective for the company. One investment analyst has rated the stock with a sell rating, two have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $66.86.

Insider Buying and Selling

In other V2X news, General Counsel Jeremy John Nance sold 2,500 shares of the company's stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $61.43, for a total transaction of $153,575.00. Following the completion of the sale, the general counsel now directly owns 10,634 shares of the company's stock, valued at approximately $653,246.62. This represents a 19.03 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.10% of the stock is currently owned by insiders.

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.