VSE (NASDAQ:VSEC) Rating Increased to Sell at StockNews.com

StockNews.com upgraded shares of VSE (NASDAQ:VSEC - Free Report) to a sell rating in a research report report published on Wednesday.

Several other research firms have also recently commented on VSEC. Truist Financial lowered their target price on VSE from $133.00 to $129.00 and set a "buy" rating for the company in a research note on Tuesday, January 14th. B. Riley lifted their target price on VSE from $120.00 to $132.00 and gave the company a "buy" rating in a research note on Thursday, November 7th. Jefferies Financial Group lifted their price objective on VSE from $100.00 to $110.00 and gave the stock a "buy" rating in a research note on Thursday, October 17th. Finally, Royal Bank of Canada lifted their price objective on VSE from $125.00 to $135.00 and gave the stock an "outperform" rating in a research note on Friday, December 6th. One investment analyst has rated the stock with a sell rating and six have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $117.83.

VSE Stock Performance

VSEC traded up $4.19 during trading on Wednesday, hitting $97.28. The company's stock had a trading volume of 283,983 shares, compared to its average volume of 189,577. The firm's 50 day moving average price is $101.38 and its two-hundred day moving average price is $98.25. VSE has a 12 month low of $67.82 and a 12 month high of $123.92. The company has a current ratio of 3.69, a quick ratio of 1.15 and a debt-to-equity ratio of 0.53.

VSE Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 6th. Shareholders of record on Thursday, January 23rd were paid a $0.10 dividend. The ex-dividend date was Thursday, January 23rd. This represents a $0.40 dividend on an annualized basis and a yield of 0.41%.

Institutional Trading of VSE

A number of institutional investors have recently modified their holdings of the company. Sterling Capital Management LLC raised its holdings in VSE by 857.1% during the fourth quarter. Sterling Capital Management LLC now owns 469 shares of the construction company's stock worth $45,000 after acquiring an additional 420 shares in the last quarter. Quantbot Technologies LP bought a new stake in VSE in the fourth quarter valued at approximately $47,000. Tower Research Capital LLC TRC grew its position in shares of VSE by 21.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,449 shares of the construction company's stock valued at $138,000 after purchasing an additional 258 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in VSE during the third quarter worth approximately $155,000. Finally, Ameritas Investment Partners Inc. grew its position in VSE by 14.5% during the fourth quarter. Ameritas Investment Partners Inc. now owns 1,842 shares of the construction company's stock worth $175,000 after buying an additional 233 shares in the last quarter. 91.54% of the stock is currently owned by institutional investors.

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.