Oberweis Asset Management Inc. Purchases 13,400 Shares of VSE Co. (NASDAQ:VSEC)

Oberweis Asset Management Inc. increased its holdings in VSE Co. (NASDAQ:VSEC - Free Report) by 29.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 58,600 shares of the construction company's stock after acquiring an additional 13,400 shares during the quarter. Oberweis Asset Management Inc. owned approximately 0.29% of VSE worth $5,573,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VSEC. Sterling Capital Management LLC raised its stake in shares of VSE by 857.1% in the 4th quarter. Sterling Capital Management LLC now owns 469 shares of the construction company's stock valued at $45,000 after purchasing an additional 420 shares in the last quarter. Quantbot Technologies LP acquired a new stake in VSE during the fourth quarter valued at approximately $47,000. Tower Research Capital LLC TRC lifted its holdings in VSE by 21.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,449 shares of the construction company's stock worth $138,000 after buying an additional 258 shares during the last quarter. Summit Investment Advisors Inc. grew its position in shares of VSE by 14.5% in the 4th quarter. Summit Investment Advisors Inc. now owns 1,842 shares of the construction company's stock worth $175,000 after acquiring an additional 233 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in shares of VSE in the 3rd quarter valued at approximately $155,000. Hedge funds and other institutional investors own 91.54% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Truist Financial cut their target price on shares of VSE from $134.00 to $130.00 and set a "buy" rating on the stock in a report on Thursday, April 17th. StockNews.com upgraded VSE to a "sell" rating in a research note on Thursday, March 6th. One analyst has rated the stock with a sell rating and six have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $118.00.

VSE Stock Up 0.2 %

VSEC traded up $0.28 during trading on Monday, reaching $114.22. 211,530 shares of the stock traded hands, compared to its average volume of 211,361. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.69 and a quick ratio of 1.15. VSE Co. has a fifty-two week low of $73.36 and a fifty-two week high of $128.72. The stock's 50-day simple moving average is $113.52 and its two-hundred day simple moving average is $108.12. The stock has a market cap of $2.36 billion, a price-to-earnings ratio of 137.61 and a beta of 1.32.

VSE (NASDAQ:VSEC - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The construction company reported $0.90 EPS for the quarter, topping analysts' consensus estimates of $0.73 by $0.17. VSE had a return on equity of 7.26% and a net margin of 1.36%. The firm had revenue of $299.02 million for the quarter, compared to the consensus estimate of $289.97 million. As a group, equities research analysts expect that VSE Co. will post 2.96 EPS for the current year.

VSE Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, May 1st will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.35%. The ex-dividend date is Thursday, May 1st. VSE's payout ratio is presently 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.