4,659 Shares in VSE Co. (NASDAQ:VSEC) Acquired by Bryce Point Capital LLC

Bryce Point Capital LLC bought a new stake in shares of VSE Co. (NASDAQ:VSEC - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 4,659 shares of the construction company's stock, valued at approximately $443,000.

Several other institutional investors have also added to or reduced their stakes in the company. Quantbot Technologies LP purchased a new stake in VSE during the fourth quarter valued at approximately $47,000. Sanctuary Advisors LLC purchased a new stake in shares of VSE in the third quarter valued at approximately $155,000. KFA Private Wealth Group LLC purchased a new stake in shares of VSE in the 4th quarter valued at approximately $209,000. M&T Bank Corp purchased a new position in shares of VSE during the fourth quarter worth $239,000. Finally, BNP Paribas Financial Markets raised its position in VSE by 4.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,310 shares of the construction company's stock valued at $274,000 after purchasing an additional 134 shares in the last quarter. Institutional investors own 91.54% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on VSEC shares. Truist Financial increased their price objective on VSE from $129.00 to $134.00 and gave the stock a "buy" rating in a research report on Tuesday, March 4th. StockNews.com upgraded VSE to a "sell" rating in a research note on Thursday, March 6th. One equities research analyst has rated the stock with a sell rating and six have given a buy rating to the stock. According to data from MarketBeat.com, VSE presently has an average rating of "Moderate Buy" and a consensus price target of $118.67.

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VSE Stock Performance

Shares of VSEC traded down $7.06 during midday trading on Thursday, reaching $109.82. The stock had a trading volume of 38,656 shares, compared to its average volume of 200,559. VSE Co. has a one year low of $73.36 and a one year high of $128.72. The firm has a 50 day simple moving average of $111.40 and a 200-day simple moving average of $105.66. The company has a current ratio of 3.69, a quick ratio of 1.15 and a debt-to-equity ratio of 0.53. The firm has a market cap of $2.27 billion, a PE ratio of 131.97 and a beta of 1.32.

VSE (NASDAQ:VSEC - Get Free Report) last released its earnings results on Wednesday, February 26th. The construction company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.17. VSE had a return on equity of 7.26% and a net margin of 1.36%. The firm had revenue of $299.02 million during the quarter, compared to analysts' expectations of $289.97 million. As a group, sell-side analysts anticipate that VSE Co. will post 2.96 EPS for the current year.

VSE Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.36%. The ex-dividend date is Thursday, May 1st. VSE's payout ratio is presently 48.19%.

VSE Company Profile

VSE Corporation operates as a diversified aftermarket products and services company in the United States. The company operates through two segments, Aviation and Fleet. The Aviation segment provides aftermarket parts supply and distribution; maintenance, repair, and overhaul services for components and engine accessories supporting commercial, business, and general aviation operators.