VSE Co. (NASDAQ:VSEC) Shares Purchased by Calamos Advisors LLC

Calamos Advisors LLC increased its stake in shares of VSE Co. (NASDAQ:VSEC - Free Report) by 72.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,024 shares of the construction company's stock after purchasing an additional 2,535 shares during the quarter. Calamos Advisors LLC's holdings in VSE were worth $573,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VSEC. Lord Abbett & CO. LLC boosted its holdings in shares of VSE by 24.9% in the third quarter. Lord Abbett & CO. LLC now owns 224,148 shares of the construction company's stock valued at $18,544,000 after acquiring an additional 44,662 shares in the last quarter. Geode Capital Management LLC raised its position in VSE by 12.5% in the third quarter. Geode Capital Management LLC now owns 382,719 shares of the construction company's stock worth $31,669,000 after acquiring an additional 42,637 shares in the last quarter. Barclays PLC boosted its position in shares of VSE by 711.2% during the 3rd quarter. Barclays PLC now owns 40,770 shares of the construction company's stock worth $3,374,000 after purchasing an additional 35,744 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of VSE by 14.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 163,310 shares of the construction company's stock worth $13,511,000 after purchasing an additional 20,114 shares during the period. Finally, State Street Corp increased its holdings in shares of VSE by 5.2% in the 3rd quarter. State Street Corp now owns 323,830 shares of the construction company's stock valued at $26,790,000 after purchasing an additional 15,931 shares in the last quarter. 91.54% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on VSEC. Truist Financial dropped their price objective on VSE from $133.00 to $129.00 and set a "buy" rating for the company in a research note on Tuesday, January 14th. Jefferies Financial Group raised their target price on shares of VSE from $100.00 to $110.00 and gave the company a "buy" rating in a report on Thursday, October 17th. Royal Bank of Canada upped their price target on shares of VSE from $125.00 to $135.00 and gave the company an "outperform" rating in a report on Friday, December 6th. B. Riley increased their price target on shares of VSE from $120.00 to $132.00 and gave the company a "buy" rating in a research report on Thursday, November 7th. Finally, StockNews.com upgraded VSE to a "sell" rating in a research report on Tuesday, January 28th. One research analyst has rated the stock with a sell rating and six have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $117.83.

VSE Trading Down 0.3 %

Shares of NASDAQ VSEC traded down $0.29 during midday trading on Friday, reaching $105.68. 158,063 shares of the stock were exchanged, compared to its average volume of 189,577. The stock has a 50 day moving average price of $102.92 and a 200-day moving average price of $97.86. 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 company has a market capitalization of $2.16 billion, a P/E ratio of 19.14 and a beta of 1.61. VSE Co. has a 52-week low of $65.29 and a 52-week high of $123.92.

VSE (NASDAQ:VSEC - Get Free Report) last released its earnings results on Wednesday, November 6th. The construction company reported $0.71 EPS for the quarter, topping the consensus estimate of $0.63 by $0.08. VSE had a net margin of 1.36% and a return on equity of 7.26%. The firm had revenue of $273.61 million during the quarter, compared to analysts' expectations of $270.88 million. During the same period in the previous year, the company earned $0.92 EPS. Equities research analysts expect that VSE Co. will post 2.96 earnings per share for the current fiscal year.

VSE Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 6th. Stockholders of record on Thursday, January 23rd were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.38%. The ex-dividend date of this dividend was Thursday, January 23rd. VSE's dividend payout ratio is currently 7.25%.

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.