Kennedy Capital Management LLC Acquires 15,230 Shares of VSE Co. (NASDAQ:VSEC)

Kennedy Capital Management LLC increased its stake in VSE Co. (NASDAQ:VSEC - Free Report) by 24.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 76,777 shares of the construction company's stock after purchasing an additional 15,230 shares during the quarter. Kennedy Capital Management LLC owned approximately 0.38% of VSE worth $7,301,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Neuberger Berman Group LLC bought a new stake in shares of VSE during the 4th quarter worth $35,834,000. Artisan Partners Limited Partnership acquired a new position in VSE in the 4th quarter valued at approximately $31,692,000. Allspring Global Investments Holdings LLC bought a new stake in shares of VSE in the 4th quarter worth approximately $24,018,000. Vanguard Group Inc. grew its holdings in shares of VSE by 20.5% during the 4th quarter. Vanguard Group Inc. now owns 1,071,545 shares of the construction company's stock worth $101,904,000 after purchasing an additional 182,465 shares in the last quarter. Finally, Franklin Resources Inc. increased its position in shares of VSE by 121.6% during the third quarter. Franklin Resources Inc. now owns 325,121 shares of the construction company's stock valued at $29,801,000 after purchasing an additional 178,435 shares during the period. Institutional investors own 91.54% of the company's stock.

Analyst Ratings Changes

VSEC has been the subject of a number of recent research reports. StockNews.com upgraded shares of VSE to a "sell" rating in a research note on Thursday, March 6th. Truist Financial lifted their price objective on VSE from $129.00 to $134.00 and gave the company a "buy" rating in a report on Tuesday, March 4th. One 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, the stock has an average rating of "Moderate Buy" and a consensus target price of $118.67.

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VSE Trading Up 0.4 %

VSE stock traded up $0.50 during midday trading on Tuesday, hitting $112.39. 201,790 shares of the stock were exchanged, compared to its average volume of 203,160. VSE Co. has a 52 week low of $73.36 and a 52 week 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. The stock has a market capitalization of $2.32 billion, a PE ratio of 135.41 and a beta of 1.32. The company has a fifty day simple moving average of $112.00 and a two-hundred day simple moving average of $106.47.

VSE (NASDAQ:VSEC - Get Free Report) last posted 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 for the quarter, compared to analyst estimates of $289.97 million. Equities research analysts anticipate that VSE Co. will post 2.96 EPS for the current fiscal year.

VSE Dividend Announcement

The firm also recently disclosed 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 dividend payout ratio (DPR) 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.