Systematic Financial Management LP Has $13.40 Million Stake in V2X, Inc. (NYSE:VVX)

Systematic Financial Management LP raised its holdings in V2X, Inc. (NYSE:VVX) by 152.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 279,486 shares of the company’s stock after buying an additional 168,886 shares during the period. Systematic Financial Management LP owned 0.89% of V2X worth $13,404,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Quest Partners LLC boosted its position in V2X by 112.3% during the second quarter. Quest Partners LLC now owns 673 shares of the company’s stock valued at $32,000 after purchasing an additional 356 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted 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 buying an additional 839 shares during the last quarter. Edmond DE Rothschild Holding S.A. acquired a new stake in shares of V2X in the 1st quarter valued at approximately $142,000. Hsbc Holdings PLC bought a new position in shares of V2X in the second quarter valued at $212,000. Finally, Algert Global LLC acquired a new position in V2X during the second quarter worth $259,000. 95.18% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other V2X news, Director Eric M. Pillmore bought 3,125 shares of V2X stock in a transaction dated Friday, September 6th. The stock was bought at an average price of $48.00 per share, with a total value of $150,000.00. Following the completion of the transaction, the director now owns 41,516 shares in the company, valued at approximately $1,992,768. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other V2X news, Director Eric M. Pillmore acquired 3,125 shares of the company’s stock in a transaction on Friday, September 6th. The stock was acquired at an average price of $48.00 per share, for a total transaction of $150,000.00. Following the purchase, the director now directly owns 41,516 shares of the company’s stock, valued at $1,992,768. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO William Boyd Noon acquired 1,000 shares of the business’s stock in a transaction on Friday, September 6th. The stock was acquired at an average cost of $48.00 per share, with a total value of $48,000.00. Following the acquisition, the chief accounting officer now directly owns 10,931 shares in the company, valued at $524,688. The disclosure for this purchase can be found here. Insiders have bought 11,936 shares of company stock worth $572,928 in the last 90 days. Company insiders own 1.10% of the company’s stock.

V2X Trading Up 0.9 %

VVX stock opened at $55.55 on Friday. V2X, Inc. has a one year low of $37.04 and a one year high of $58.25. The stock has a market cap of $1.73 billion, a price-to-earnings ratio of -427.31 and a beta of 0.60. The company has a fifty day moving average price of $51.46 and a two-hundred day moving average price of $48.74. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.10 and a quick ratio of 1.10.

V2X (NYSE:VVX) last announced its earnings results on Tuesday, August 6th. The company reported $0.83 earnings per share for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.01). The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.02 billion. V2X had a positive return on equity of 11.69% and a negative net margin of 0.30%. V2X’s revenue for the quarter was up 9.6% on a year-over-year basis. During the same quarter last year, the business posted $1.01 EPS. Equities analysts anticipate that V2X, Inc. will post 4.11 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada reissued an “outperform” rating and issued a $55.00 price objective on shares of V2X in a research report on Wednesday, August 7th.

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.