Virtu Financial LLC Acquires Shares of 4,425 VSE Co. (NASDAQ:VSEC)

Virtu Financial LLC bought a new position in shares of VSE Co. (NASDAQ:VSEC - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,425 shares of the construction company's stock, valued at approximately $421,000.

A number of other institutional investors and hedge funds have also made changes to their positions in VSEC. BNP Paribas Financial Markets raised its position in shares of VSE by 4.2% in the third quarter. BNP Paribas Financial Markets now owns 3,310 shares of the construction company's stock valued at $274,000 after buying an additional 134 shares during the last quarter. US Bancorp DE lifted its position in VSE by 16.8% during the fourth quarter. US Bancorp DE now owns 3,021 shares of the construction company's stock worth $287,000 after buying an additional 435 shares during the period. Swiss National Bank grew its holdings in VSE by 1.6% in the 4th quarter. Swiss National Bank now owns 32,678 shares of the construction company's stock valued at $3,108,000 after buying an additional 500 shares during the period. Keybank National Association OH grew its holdings in VSE by 9.4% in the 4th quarter. Keybank National Association OH now owns 6,099 shares of the construction company's stock valued at $580,000 after buying an additional 525 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in shares of VSE by 17.7% in the third quarter. JPMorgan Chase & Co. now owns 7,021 shares of the construction company's stock worth $581,000 after acquiring an additional 1,058 shares during the last quarter. 91.54% of the stock is owned by institutional investors and hedge funds.

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Analyst Ratings Changes

A number of research firms have weighed in on VSEC. StockNews.com raised shares of VSE to a "sell" rating in a research note on Thursday, March 6th. Royal Bank of Canada lifted their target price on VSE from $125.00 to $135.00 and gave the company an "outperform" rating in a report on Friday, December 6th. Finally, Truist Financial raised their price objective on VSE from $129.00 to $134.00 and gave the stock a "buy" rating in a report on Tuesday, March 4th. One research analyst has rated the stock with a sell rating and six have issued a buy rating to the stock. According to MarketBeat, VSE currently has a consensus rating of "Moderate Buy" and a consensus price target of $118.67.

VSE Stock Performance

Shares of VSEC traded down $6.10 during mid-day trading on Friday, reaching $116.63. 291,777 shares of the company's stock traded hands, compared to its average volume of 194,314. VSE Co. has a 12 month low of $73.36 and a 12 month high of $128.72. 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 market capitalization of $2.40 billion, a P/E ratio of 140.52 and a beta of 1.62. The business's 50-day moving average price is $109.29 and its 200-day moving average price is $104.00.

VSE (NASDAQ:VSEC - Get Free Report) last issued its quarterly 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. The firm had revenue of $299.02 million for the quarter, compared to analysts' expectations of $289.97 million. VSE had a net margin of 1.36% and a return on equity of 7.26%. Equities analysts predict that VSE Co. will post 2.96 earnings per share for the current year.

VSE Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, May 1st will be given a $0.10 dividend. The ex-dividend date of this dividend is Thursday, May 1st. This represents a $0.40 annualized dividend and a dividend yield of 0.34%. 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.