Keeley Teton Advisors LLC Cuts Stock Position in VSE Co. (NASDAQ:VSEC)

Keeley Teton Advisors LLC reduced its position in VSE Co. (NASDAQ:VSEC - Free Report) by 58.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 21,192 shares of the construction company's stock after selling 30,391 shares during the period. Keeley Teton Advisors LLC owned about 0.10% of VSE worth $2,015,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of VSEC. Sterling Capital Management LLC grew its holdings in shares of VSE by 857.1% in the fourth quarter. Sterling Capital Management LLC now owns 469 shares of the construction company's stock worth $45,000 after acquiring an additional 420 shares during the period. Quantbot Technologies LP bought a new stake in VSE during the fourth quarter valued at about $47,000. Sanctuary Advisors LLC bought a new position in shares of VSE in the third quarter worth about $155,000. Summit Investment Advisors Inc. grew its position in shares of VSE by 14.5% during the fourth quarter. Summit Investment Advisors Inc. now owns 1,842 shares of the construction company's stock worth $175,000 after purchasing an additional 233 shares in the last quarter. Finally, KFA Private Wealth Group LLC purchased a new position in VSE in the 4th quarter worth approximately $209,000. 91.54% of the stock is currently owned by institutional investors.

VSE Trading Down 2.7 %

VSEC traded down $2.90 during trading on Monday, hitting $105.29. 23,544 shares of the stock were exchanged, compared to its average volume of 208,247. VSE Co. has a 1 year low of $73.36 and a 1 year high of $128.72. The firm has a market cap of $2.18 billion, a price-to-earnings ratio of 126.86 and a beta of 1.32. The firm has a 50 day simple moving average of $112.15 and a 200 day simple moving average of $107.16. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.15 and a current ratio of 3.69.

VSE (NASDAQ:VSEC - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The construction company reported $0.90 earnings per share for the quarter, beating 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 the consensus estimate of $289.97 million. As a group, equities analysts expect that VSE Co. will post 2.96 EPS for the current year.

VSE Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, May 1st will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.38%. The ex-dividend date is Thursday, May 1st. VSE's payout ratio is 48.19%.

Wall Street Analyst Weigh In

VSEC has been the subject of several research analyst reports. StockNews.com raised shares of VSE to a "sell" rating in a research note on Thursday, March 6th. Truist Financial cut their price target on VSE from $134.00 to $130.00 and set a "buy" rating for the company in a report on Thursday. One equities research analyst has rated the stock with a sell rating and six have issued a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $118.00.

About VSE

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.