Brokerages Set VSE Co. (NASDAQ:VSEC) Price Target at $118.67

Shares of VSE Co. (NASDAQ:VSEC - Get Free Report) have been assigned a consensus rating of "Buy" from the six brokerages that are presently covering the stock, Marketbeat reports. Six equities research analysts have rated the stock with a buy recommendation. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $118.67.

A number of research firms have recently weighed in on VSEC. StockNews.com raised VSE to a "sell" rating in a report on Thursday. Royal Bank of Canada boosted their price target on VSE from $125.00 to $135.00 and gave the stock an "outperform" rating in a report on Friday, December 6th. Finally, Truist Financial boosted their price target on VSE from $129.00 to $134.00 and gave the stock a "buy" rating in a report on Tuesday.

Institutional Investors Weigh In On VSE

Institutional investors have recently added to or reduced their stakes in the company. Sterling Capital Management LLC grew its position in VSE by 857.1% during the fourth quarter. Sterling Capital Management LLC now owns 469 shares of the construction company's stock valued at $45,000 after acquiring an additional 420 shares during the period. Quantbot Technologies LP purchased a new stake in VSE during the fourth quarter valued at about $47,000. Tower Research Capital LLC TRC grew its position in VSE by 21.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,449 shares of the construction company's stock valued at $138,000 after acquiring an additional 258 shares during the period. Summit Investment Advisors Inc. grew its position in VSE by 14.5% during the fourth quarter. Summit Investment Advisors Inc. now owns 1,842 shares of the construction company's stock valued at $175,000 after acquiring an additional 233 shares during the period. Finally, Sanctuary Advisors LLC purchased a new stake in VSE during the third quarter valued at about $155,000. Hedge funds and other institutional investors own 91.54% of the company's stock.

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VSE Price Performance

VSEC stock traded up $0.69 during midday trading on Wednesday, hitting $116.32. 208,993 shares of the stock were exchanged, compared to its average volume of 183,455. The stock's 50-day moving average price is $101.79 and its 200-day moving average price is $100.39. The stock has a market cap of $2.40 billion, a price-to-earnings ratio of 140.14 and a beta of 1.62. VSE has a fifty-two week low of $73.36 and a fifty-two 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.

VSE (NASDAQ:VSEC - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The construction company reported $0.90 earnings per share (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%. Research analysts predict that VSE will post 2.96 earnings per share for the current year.

VSE Announces Dividend

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 given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.34%. The ex-dividend date of this dividend is Thursday, May 1st. VSE's dividend payout ratio is currently 48.19%.

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.