Mutual of America Capital Management LLC Lowers Stock Holdings in VSE Co. (NASDAQ:VSEC)

Mutual of America Capital Management LLC lowered its position in VSE Co. (NASDAQ:VSEC - Free Report) by 27.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 78,772 shares of the construction company's stock after selling 29,438 shares during the period. Mutual of America Capital Management LLC owned 0.43% of VSE worth $6,517,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in VSEC. Innealta Capital LLC bought a new stake in VSE during the second quarter worth $42,000. US Bancorp DE lifted its holdings in VSE by 1,180.2% during the third quarter. US Bancorp DE now owns 2,586 shares of the construction company's stock worth $214,000 after acquiring an additional 2,384 shares during the period. Archer Investment Corp bought a new stake in VSE during the second quarter worth $247,000. Park Avenue Securities LLC lifted its holdings in VSE by 13.8% during the third quarter. Park Avenue Securities LLC now owns 3,818 shares of the construction company's stock worth $316,000 after acquiring an additional 464 shares during the period. Finally, Arizona State Retirement System lifted its holdings in VSE by 22.9% during the second quarter. Arizona State Retirement System now owns 4,521 shares of the construction company's stock worth $399,000 after acquiring an additional 842 shares during the period. Institutional investors own 91.54% of the company's stock.

VSE Price Performance

VSEC stock traded down $1.39 during mid-day trading on Wednesday, hitting $114.00. 52,181 shares of the stock were exchanged, compared to its average volume of 147,582. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.69 and a quick ratio of 1.15. The business has a fifty day moving average price of $97.53 and a 200 day moving average price of $89.44. VSE Co. has a 12 month low of $57.10 and a 12 month high of $123.92. The stock has a market capitalization of $2.33 billion, a price-to-earnings ratio of 35.18 and a beta of 1.56.

VSE (NASDAQ:VSEC - Get Free Report) last released its earnings results on Wednesday, November 6th. The construction company reported $0.71 earnings per share for the quarter, beating analysts' consensus estimates of $0.63 by $0.08. The company had revenue of $273.61 million during the quarter, compared to analyst estimates of $270.88 million. VSE had a return on equity of 7.26% and a net margin of 1.36%. During the same quarter in the previous year, the company posted $0.92 EPS. On average, sell-side analysts anticipate that VSE Co. will post 2.9 EPS for the current year.

Insiders Place Their Bets

In related news, major shareholder Calvin Scott Koonce sold 15,300 shares of the business's stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $91.83, for a total value of $1,404,999.00. Following the completion of the transaction, the insider now directly owns 463,284 shares in the company, valued at $42,543,369.72. The trade was a 3.20 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 14.60% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Jefferies Financial Group lifted their price target on VSE from $100.00 to $110.00 and gave the stock a "buy" rating in a report on Thursday, October 17th. StockNews.com raised VSE to a "sell" rating in a research report on Thursday, November 7th. B. Riley raised their target price on VSE from $120.00 to $132.00 and gave the stock a "buy" rating in a research report on Thursday, November 7th. Benchmark reissued a "buy" rating and issued a $100.00 target price on shares of VSE in a research report on Friday, August 2nd. Finally, Truist Financial raised their target price on VSE from $115.00 to $133.00 and gave the stock a "buy" rating in a research report on Thursday, November 7th. One research analyst has rated the stock with a sell rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat, VSE has a consensus rating of "Moderate Buy" and a consensus price target of $116.83.

VSE 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.