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

StockNews.com upgraded shares of VSE (NASDAQ:VSEC - Free Report) to a sell rating in a report issued on Tuesday morning.

Several other equities analysts also recently commented on VSEC. B. Riley boosted 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 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. Jefferies Financial Group lifted their price objective on shares of VSE from $100.00 to $110.00 and gave the stock a "buy" rating in a research note on Thursday, October 17th. Finally, Truist Financial cut their target price on VSE from $133.00 to $129.00 and set a "buy" rating on the stock in a research note on Tuesday, January 14th. One research analyst has rated the stock with a sell rating and six have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $117.83.

VSE Price Performance

VSEC stock traded up $3.01 during trading on Tuesday, reaching $103.27. The stock had a trading volume of 95,411 shares, compared to its average volume of 247,152. The company has a quick ratio of 1.15, a current ratio of 3.69 and a debt-to-equity ratio of 0.53. The stock's 50 day moving average is $105.06 and its two-hundred day moving average is $97.05. VSE has a 52 week low of $59.18 and a 52 week high of $123.92.

VSE (NASDAQ:VSEC - Get Free Report) last released its earnings results on Wednesday, November 6th. The construction company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.08. The company had revenue of $273.61 million for the quarter, compared to the consensus estimate of $270.88 million. VSE had a return on equity of 7.26% and a net margin of 1.36%. During the same period in the previous year, the business earned $0.92 earnings per share. As a group, equities analysts expect that VSE will post 2.95 earnings per share for the current fiscal year.

VSE Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 6th. Shareholders of record on Thursday, January 23rd will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, January 23rd. This represents a $0.40 annualized dividend and a yield of 0.39%.

Hedge Funds Weigh In On VSE

Several institutional investors have recently made changes to their positions in VSEC. Lord Abbett & CO. LLC grew its holdings in VSE by 24.9% during 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 in the last quarter. Geode Capital Management LLC lifted its position in shares of 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 purchasing an additional 42,637 shares during the period. Barclays PLC boosted its stake in shares of VSE by 711.2% during the third quarter. Barclays PLC now owns 40,770 shares of the construction company's stock valued at $3,374,000 after purchasing an additional 35,744 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in VSE by 14.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 163,310 shares of the construction company's stock valued at $13,511,000 after buying an additional 20,114 shares during the period. Finally, State Street Corp raised its stake in VSE by 5.2% in the third quarter. State Street Corp now owns 323,830 shares of the construction company's stock worth $26,790,000 after buying an additional 15,931 shares in the last quarter. Hedge funds and other institutional investors own 91.54% of the company's stock.

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.