6,751 Shares in VSE Co. (NASDAQ:VSEC) Acquired by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd purchased a new position in VSE Co. (NASDAQ:VSEC - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 6,751 shares of the construction company's stock, valued at approximately $642,000.

A number of other large investors also recently modified their holdings of VSEC. Quantbot Technologies LP bought a new position in VSE in the 4th quarter valued at about $47,000. Sanctuary Advisors LLC bought a new position in shares of VSE in the third quarter valued at approximately $155,000. KFA Private Wealth Group LLC acquired a new position in shares of VSE during the fourth quarter valued at approximately $209,000. M&T Bank Corp bought a new stake in VSE during the fourth quarter worth approximately $239,000. Finally, BNP Paribas Financial Markets lifted its position in VSE by 4.2% in the third quarter. BNP Paribas Financial Markets now owns 3,310 shares of the construction company's stock worth $274,000 after purchasing an additional 134 shares during the period. 91.54% of the stock is owned by institutional investors and hedge funds.

VSE Trading Up 1.8 %

Shares of NASDAQ VSEC traded up $2.01 during mid-day trading on Friday, hitting $112.44. 191,453 shares of the company traded hands, compared to its average volume of 202,727. The business has a 50 day moving average of $111.74 and a two-hundred day moving average of $106.23. The stock has a market capitalization of $2.32 billion, a price-to-earnings ratio of 135.47 and a beta of 1.32. VSE Co. has a 1 year low of $73.36 and a 1 year high of $128.72. The company has a quick ratio of 1.15, a current ratio of 3.69 and a debt-to-equity ratio of 0.53.

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

VSE Dividend Announcement

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 issued a $0.10 dividend. The ex-dividend date is Thursday, May 1st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.36%. VSE's payout ratio is currently 48.19%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Truist Financial lifted their price target on VSE from $129.00 to $134.00 and gave the company a "buy" rating in a research report on Tuesday, March 4th. StockNews.com upgraded shares of VSE to a "sell" rating in a research report on Thursday, March 6th. One analyst has rated the stock with a sell rating and six have given a buy rating to the company. According to MarketBeat.com, VSE presently has an average rating of "Moderate Buy" and an average target price of $118.67.

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.