K.J. Harrison & Partners Inc Sells 3,300 Shares of VSE Co. (NASDAQ:VSEC)

K.J. Harrison & Partners Inc lessened its position in VSE Co. (NASDAQ:VSEC - Free Report) by 8.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 35,000 shares of the construction company's stock after selling 3,300 shares during the period. K.J. Harrison & Partners Inc owned about 0.17% of VSE worth $3,252,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Sanctuary Advisors LLC acquired a new position in VSE during the 3rd quarter worth about $155,000. KFA Private Wealth Group LLC acquired a new position in VSE during the 4th quarter worth about $209,000. US Bancorp DE lifted its position in VSE by 1,180.2% during the 3rd quarter. US Bancorp DE now owns 2,586 shares of the construction company's stock worth $214,000 after buying an additional 2,384 shares in the last quarter. BNP Paribas Financial Markets lifted its position in VSE by 4.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,310 shares of the construction company's stock worth $274,000 after buying an additional 134 shares in the last quarter. Finally, Intech Investment Management LLC acquired a new position in VSE during the 3rd quarter worth about $394,000. Institutional investors and hedge funds own 91.54% of the company's stock.

VSE Trading Up 0.6 %

Shares of VSEC stock traded up $0.68 on Friday, reaching $118.50. The company had a trading volume of 324,688 shares, compared to its average volume of 239,051. The company has a current ratio of 3.69, a quick ratio of 1.15 and a debt-to-equity ratio of 0.53. The stock has a market cap of $2.42 billion, a PE ratio of 21.94 and a beta of 1.61. The company has a 50-day moving average of $100.39 and a 200-day moving average of $99.73. VSE Co. has a 12 month low of $71.75 and a 12 month high of $123.92.

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VSE (NASDAQ:VSEC - Get Free Report) last posted its earnings results on Wednesday, February 26th. The construction company reported $0.90 earnings per share (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 business had revenue of $299.02 million during the quarter, compared to analysts' expectations of $289.97 million. On average, equities analysts forecast that VSE Co. will post 2.96 earnings per share for the current year.

VSE Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, February 6th. Shareholders of record on Thursday, January 23rd were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.34%. The ex-dividend date was Thursday, January 23rd. VSE's dividend payout ratio (DPR) is currently 7.41%.

Analysts Set New Price Targets

Several brokerages recently issued reports on VSEC. Royal Bank of Canada upped their price target on shares of VSE from $125.00 to $135.00 and gave the stock an "outperform" rating in a research report on Friday, December 6th. B. Riley upped their target price on shares of VSE from $120.00 to $132.00 and gave the company a "buy" rating in a research report on Thursday, November 7th. StockNews.com upgraded shares of VSE to a "sell" rating in a research report on Wednesday, February 12th. Finally, Truist Financial cut their target price on shares of VSE from $133.00 to $129.00 and set a "buy" rating on the stock in a research report on Tuesday, January 14th. One analyst has rated the stock with a sell rating and six have given a buy rating to the company's stock. According to MarketBeat, VSE presently has an average rating of "Moderate Buy" and a consensus target price 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.