VSE Co. (NASDAQ:VSEC) Stock Position Increased by Sei Investments Co.

Sei Investments Co. lifted its stake in VSE Co. (NASDAQ:VSEC - Free Report) by 233.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 25,048 shares of the construction company's stock after acquiring an additional 17,541 shares during the period. Sei Investments Co. owned 0.12% of VSE worth $2,382,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in VSEC. Quantbot Technologies LP bought a new stake in shares of VSE during the fourth quarter valued at approximately $47,000. Sanctuary Advisors LLC bought a new position in VSE during the 3rd quarter worth $155,000. KFA Private Wealth Group LLC acquired a new position in VSE during the fourth quarter valued at approximately $209,000. M&T Bank Corp bought a new stake in shares of VSE during the fourth quarter worth $239,000. Finally, US Bancorp DE raised its stake in shares of VSE by 16.8% during the fourth quarter. US Bancorp DE now owns 3,021 shares of the construction company's stock valued at $287,000 after acquiring an additional 435 shares during the last quarter. 91.54% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on VSEC. Truist Financial lifted their price target on shares of VSE from $129.00 to $134.00 and gave the company a "buy" rating in a research report on Tuesday, March 4th. StockNews.com raised shares of VSE to a "sell" rating in a report on Thursday, March 6th. One analyst has rated the stock with a sell rating and six have issued a buy rating to the company's stock. According to data from MarketBeat, VSE currently has an average rating of "Moderate Buy" and a consensus price target of $118.67.

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VSE Stock Up 9.7 %

VSEC stock traded up $10.29 on Wednesday, hitting $116.88. 320,634 shares of the company's stock were exchanged, compared to its average volume of 201,168. 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 firm has a 50 day moving average price of $111.40 and a two-hundred day moving average price of $105.66. The stock has a market cap of $2.42 billion, a P/E ratio of 140.82 and a beta of 1.32. VSE Co. has a 12-month low of $73.36 and a 12-month high of $128.72.

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 during the quarter, compared to analysts' expectations of $289.97 million. VSE had a return on equity of 7.26% and a net margin of 1.36%. As a group, equities research analysts expect that VSE Co. will post 2.96 EPS for the current fiscal year.

VSE Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders 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 dividend yield of 0.34%. The ex-dividend date is Thursday, May 1st. VSE's payout ratio is 48.19%.

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.