VSE Co. (NASDAQ:VSEC) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its holdings in VSE Co. (NASDAQ:VSEC - Free Report) by 14.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 163,310 shares of the construction company's stock after acquiring an additional 20,114 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.80% of VSE worth $13,511,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. AltraVue Capital LLC purchased a new stake in VSE during the 2nd quarter worth about $48,343,000. Primecap Management Co. CA acquired a new stake in VSE in the 3rd quarter worth about $11,016,000. Allspring Global Investments Holdings LLC acquired a new stake in VSE in the 2nd quarter worth about $10,326,000. Hennessy Advisors Inc. acquired a new stake in VSE in the 2nd quarter worth about $9,388,000. Finally, Ghisallo Capital Management LLC acquired a new stake in VSE in the 2nd quarter worth about $4,414,000. Institutional investors and hedge funds own 91.54% of the company's stock.

VSE Stock Down 4.5 %

VSEC traded down $5.28 during trading on Monday, reaching $113.35. 224,613 shares of the company were exchanged, compared to its average volume of 150,055. The firm has a 50 day moving average of $105.46 and a 200 day moving average of $92.79. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.69 and a quick ratio of 1.15. VSE Co. has a 52 week low of $57.10 and a 52 week high of $123.92.

VSE (NASDAQ:VSEC - Get Free Report) last issued its quarterly earnings data on Wednesday, November 6th. The construction company reported $0.71 EPS for the quarter, topping analysts' consensus estimates of $0.63 by $0.08. The firm had revenue of $273.61 million during the quarter, compared to the consensus estimate of $270.88 million. VSE had a return on equity of 7.26% and a net margin of 1.36%. During the same period in the prior year, the business earned $0.92 EPS. As a group, equities research analysts expect that VSE Co. will post 2.9 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have issued reports on VSEC shares. Jefferies Financial Group raised their price target on VSE from $100.00 to $110.00 and gave the stock a "buy" rating in a research note on Thursday, October 17th. B. Riley boosted their price target on VSE from $120.00 to $132.00 and gave the stock a "buy" rating in a research report on Thursday, November 7th. Truist Financial boosted their price target on VSE from $115.00 to $133.00 and gave the stock a "buy" rating in a research report on Thursday, November 7th. Royal Bank of Canada boosted their price target on VSE from $125.00 to $135.00 and gave the stock an "outperform" rating in a research report on Friday. Finally, StockNews.com upgraded VSE to a "sell" rating in a report on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $118.50.

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.