SG Americas Securities LLC Buys New Holdings in VSE Co. (NASDAQ:VSEC)

SG Americas Securities LLC bought a new stake in VSE Co. (NASDAQ:VSEC - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 5,185 shares of the construction company's stock, valued at approximately $493,000.

Other hedge funds have also recently made changes to their positions in the company. Sanctuary Advisors LLC bought a new stake in VSE during the 3rd quarter valued at about $155,000. US Bancorp DE raised its stake in VSE by 1,180.2% in the third quarter. US Bancorp DE now owns 2,586 shares of the construction company's stock valued at $214,000 after buying an additional 2,384 shares during the last quarter. BNP Paribas Financial Markets increased its stake in VSE by 4.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,310 shares of the construction company's stock valued at $274,000 after purchasing an additional 134 shares in the last quarter. Park Avenue Securities LLC raised its stake in VSE by 13.8% in the 3rd 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 last quarter. Finally, Intech Investment Management LLC purchased a new stake in VSE in the third quarter valued at approximately $394,000. 91.54% of the stock is currently owned by hedge funds and other institutional investors.

VSE Price Performance

NASDAQ:VSEC traded up $1.59 during trading hours on Wednesday, reaching $105.15. 93,323 shares of the company were exchanged, compared to its average volume of 219,484. VSE Co. has a 52-week low of $60.05 and a 52-week high of $123.92. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.15 and a current ratio of 3.69. The stock has a 50 day simple moving average of $103.34 and a 200 day simple moving average of $97.68.

VSE (NASDAQ:VSEC - Get Free Report) last posted its quarterly earnings data on Wednesday, November 6th. The construction company reported $0.71 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.63 by $0.08. The company had revenue of $273.61 million for the quarter, compared to analyst estimates of $270.88 million. VSE had a net margin of 1.36% and a return on equity of 7.26%. During the same quarter last year, the firm posted $0.92 earnings per share. As a group, research analysts anticipate that VSE Co. will post 2.96 earnings per share for the current year.

VSE Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 6th. Stockholders of record on Thursday, January 23rd will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.38%. The ex-dividend date of this dividend is Thursday, January 23rd.

Analyst Ratings Changes

A number of brokerages recently issued reports on VSEC. StockNews.com raised shares of VSE to a "sell" rating in a report on Tuesday, January 28th. Jefferies Financial Group increased their price target on VSE from $100.00 to $110.00 and gave the company a "buy" rating in a report on Thursday, October 17th. Royal Bank of Canada boosted their target price on shares of VSE from $125.00 to $135.00 and gave the company an "outperform" rating in a report on Friday, December 6th. B. Riley lifted their price target on shares of VSE from $120.00 to $132.00 and gave the company a "buy" rating in a research report on Thursday, November 7th. Finally, Truist Financial cut their price target on shares of VSE from $133.00 to $129.00 and set a "buy" rating on the stock in a research note on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating and six have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $117.83.

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.