VSE (NASDAQ:VSEC) Upgraded at StockNews.com

StockNews.com upgraded shares of VSE (NASDAQ:VSEC - Free Report) to a sell rating in a research note released on Thursday morning.

Several other equities analysts have also commented on VSEC. B. Riley increased their price objective on VSE from $120.00 to $132.00 and gave the company a "buy" rating in a research report on Thursday, November 7th. Royal Bank of Canada increased their price objective on VSE from $125.00 to $135.00 and gave the company an "outperform" rating in a research report on Friday, December 6th. Finally, Truist Financial increased their price objective on VSE from $129.00 to $134.00 and gave the company a "buy" rating in a research report on Tuesday, March 4th. One research analyst has rated the stock with a sell rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $118.67.

VSE Price Performance

Shares of NASDAQ:VSEC traded up $0.69 on Thursday, hitting $116.32. The company's stock had a trading volume of 208,993 shares, compared to its average volume of 183,297. The company has a 50-day simple moving average of $102.18 and a 200 day simple moving average of $100.67. VSE has a 1 year low of $73.36 and a 1 year high of $123.92. The company has a market capitalization of $2.40 billion, a PE ratio of 140.14 and a beta of 1.62. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.69 and a quick ratio of 1.15.

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VSE (NASDAQ:VSEC - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The construction company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.73 by $0.17. The firm had revenue of $299.02 million for the quarter, compared to analyst estimates of $289.97 million. VSE had a return on equity of 7.26% and a net margin of 1.36%. Sell-side analysts forecast that VSE will post 2.96 EPS for the current fiscal year.

VSE Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, May 1st will be given a dividend of $0.10 per share. The ex-dividend date is Thursday, May 1st. This represents a $0.40 annualized dividend and a yield of 0.34%. VSE's payout ratio is 48.19%.

Hedge Funds Weigh In On VSE

Several institutional investors and hedge funds have recently bought and sold shares of VSEC. T. Rowe Price Investment Management Inc. lifted its holdings in VSE by 52.6% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,026,164 shares of the construction company's stock worth $192,689,000 after buying an additional 698,642 shares during the period. Neuberger Berman Group LLC purchased a new stake in VSE in the 4th quarter worth approximately $35,834,000. Artisan Partners Limited Partnership purchased a new stake in VSE in the 4th quarter worth approximately $31,692,000. Ameriprise Financial Inc. lifted its holdings in VSE by 63.4% in the 4th quarter. Ameriprise Financial Inc. now owns 716,168 shares of the construction company's stock worth $68,115,000 after buying an additional 277,971 shares during the period. Finally, Capital Research Global Investors lifted its holdings in VSE by 16.8% in the 4th quarter. Capital Research Global Investors now owns 1,794,069 shares of the construction company's stock worth $170,616,000 after buying an additional 258,674 shares during the period. 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.