Orion Portfolio Solutions LLC Invests $990,000 in V2X, Inc. (NYSE:VVX)

Orion Portfolio Solutions LLC bought a new position in V2X, Inc. (NYSE:VVX - Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 17,724 shares of the company's stock, valued at approximately $990,000. Orion Portfolio Solutions LLC owned 0.06% of V2X as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Quest Partners LLC grew its holdings in V2X by 112.3% during the second 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 grew its stake 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. Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of V2X by 200.2% in the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,258 shares of the company's stock valued at $60,000 after purchasing an additional 839 shares in the last quarter. nVerses Capital LLC acquired a new stake in shares of V2X in the third quarter valued at about $95,000. Finally, SG Americas Securities LLC purchased a new stake in V2X during the third quarter worth about $199,000. Hedge funds and other institutional investors own 95.18% of the company's stock.

Insider Transactions at V2X

In other news, General Counsel Jeremy John Nance sold 2,500 shares of the business's stock in a transaction on 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 $653,246.62. The trade was a 19.03 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 1.10% of the company's stock.

V2X Trading Up 2.1 %

VVX traded up $1.17 during trading on Monday, hitting $56.98. The company's stock had a trading volume of 273,778 shares, compared to its average volume of 128,808. V2X, Inc. has a twelve month low of $37.04 and a twelve month high of $69.75. The stock has a market cap of $1.80 billion, a PE ratio of 203.51 and a beta of 0.55. The firm's 50 day moving average price is $61.50 and its 200-day moving average price is $54.38. 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 (NYSE:VVX - Get Free Report) last announced its quarterly earnings data on Monday, November 4th. The company reported $1.29 EPS for the quarter, beating analysts' consensus estimates of $1.07 by $0.22. V2X had a return on equity of 13.49% and a net margin of 0.22%. The business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the previous year, the business earned $0.73 earnings per share. The business's revenue for the quarter was up 8.0% on a year-over-year basis. On average, analysts expect that V2X, Inc. will post 4.14 earnings per share for the current year.

Analyst Ratings Changes

VVX has been the subject of a number of research analyst reports. The Goldman Sachs Group assumed coverage on shares of V2X in a report on Thursday. They issued a "sell" rating and a $54.00 target price for the company. Robert W. Baird assumed coverage on V2X in a report on Friday, October 11th. They set an "outperform" rating and a $75.00 price objective for the company. Raymond James upped their target price on V2X from $60.00 to $72.00 and gave the company a "strong-buy" rating in a report on Tuesday, November 5th. JMP Securities lifted their price target on V2X from $65.00 to $80.00 and gave the stock a "market outperform" rating in a research note on Tuesday, November 5th. Finally, Royal Bank of Canada reiterated an "outperform" rating and issued a $70.00 price objective on shares of V2X in a research report on Tuesday, November 5th. One analyst has rated the stock with a sell rating, one has issued a hold rating, four have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, V2X has a consensus rating of "Moderate Buy" and an average target price of $69.57.

About V2X

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.