VSE Co. (NASDAQ:VSEC) Shares Purchased by Stephens Investment Management Group LLC

Stephens Investment Management Group LLC lifted its holdings in shares of VSE Co. (NASDAQ:VSEC - Free Report) by 7.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 182,673 shares of the construction company's stock after purchasing an additional 12,592 shares during the period. Stephens Investment Management Group LLC owned about 0.90% of VSE worth $17,372,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of VSEC. Lord Abbett & CO. LLC grew its stake in VSE by 24.9% in the 3rd quarter. Lord Abbett & CO. LLC now owns 224,148 shares of the construction company's stock worth $18,544,000 after acquiring an additional 44,662 shares during the period. Geode Capital Management LLC grew its stake in VSE by 12.5% in the 3rd quarter. Geode Capital Management LLC now owns 382,719 shares of the construction company's stock worth $31,669,000 after acquiring an additional 42,637 shares during the period. Barclays PLC grew its stake in VSE by 711.2% in the 3rd quarter. Barclays PLC now owns 40,770 shares of the construction company's stock worth $3,374,000 after acquiring an additional 35,744 shares during the period. Charles Schwab Investment Management Inc. grew its stake in VSE by 14.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 163,310 shares of the construction company's stock worth $13,511,000 after acquiring an additional 20,114 shares during the period. Finally, State Street Corp grew its stake in VSE by 5.2% in the 3rd quarter. State Street Corp now owns 323,830 shares of the construction company's stock worth $26,790,000 after acquiring an additional 15,931 shares during the period. 91.54% of the stock is owned by hedge funds and other institutional investors.

VSE Stock Performance

Shares of NASDAQ:VSEC traded down $7.81 during midday trading on Thursday, hitting $93.09. 454,233 shares of the company's stock traded hands, compared to its average volume of 215,736. 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's fifty day moving average price is $101.81 and its two-hundred day moving average price is $98.12. VSE Co. has a twelve month low of $67.18 and a twelve month high of $123.92.

VSE Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 6th. Investors of record on Thursday, January 23rd were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, January 23rd. This represents a $0.40 annualized dividend and a dividend yield of 0.43%.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Truist Financial decreased their price target on shares of VSE from $133.00 to $129.00 and set a "buy" rating on the stock in a report on Tuesday, January 14th. Jefferies Financial Group lifted their price target on shares of 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 lifted their price target 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 report on Thursday, November 7th. Finally, StockNews.com upgraded shares of VSE to a "sell" rating in a report on Wednesday. One investment analyst has rated the stock with a sell rating and six have issued a buy rating to the company's stock. According to MarketBeat.com, VSE currently has a consensus rating of "Moderate Buy" and a consensus price target of $117.83.

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.