Wisconsin Capital Management LLC Has $4.81 Million Stock Position in VSE Co. (NASDAQ:VSEC)

Wisconsin Capital Management LLC increased its holdings in shares of VSE Co. (NASDAQ:VSEC - Free Report) by 14.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 58,172 shares of the construction company's stock after acquiring an additional 7,522 shares during the quarter. VSE comprises 2.5% of Wisconsin Capital Management LLC's investment portfolio, making the stock its 15th biggest position. Wisconsin Capital Management LLC owned about 0.32% of VSE worth $4,813,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. The Manufacturers Life Insurance Company increased its position in shares of VSE by 6.5% during the second quarter. The Manufacturers Life Insurance Company now owns 5,250 shares of the construction company's stock worth $463,000 after acquiring an additional 320 shares during the period. Park Avenue Securities LLC boosted its stake in VSE by 13.8% during the 3rd quarter. Park Avenue Securities LLC now owns 3,818 shares of the construction company's stock worth $316,000 after purchasing an additional 464 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in shares of VSE by 8.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 6,246 shares of the construction company's stock worth $500,000 after buying an additional 465 shares during the last quarter. Innealta Capital LLC acquired a new position in shares of VSE in the second quarter valued at approximately $42,000. Finally, Arizona State Retirement System raised its position in VSE by 22.9% during the 2nd quarter. Arizona State Retirement System now owns 4,521 shares of the construction company's stock worth $399,000 after buying an additional 842 shares during the last quarter. 91.54% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, major shareholder Calvin Scott Koonce sold 15,300 shares of the firm's stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $91.83, for a total transaction of $1,404,999.00. Following the completion of the sale, the insider now directly owns 463,284 shares of the company's stock, valued at $42,543,369.72. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 14.60% of the stock is owned by company insiders.

VSE Price Performance

NASDAQ:VSEC traded up $10.25 during mid-day trading on Wednesday, reaching $116.47. 403,517 shares of the stock were exchanged, compared to its average volume of 146,574. The business has a fifty day moving average price of $92.15 and a 200 day moving average price of $86.88. The firm has a market capitalization of $2.15 billion, a PE ratio of 25.49 and a beta of 1.56. The company has a current ratio of 3.53, a quick ratio of 1.17 and a debt-to-equity ratio of 0.55. VSE Co. has a 1-year low of $56.98 and a 1-year high of $116.84.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Jefferies Financial Group upped their price target 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. Truist Financial increased their price objective on VSE from $97.00 to $115.00 and gave the company a "buy" rating in a research note on Wednesday, October 16th. Benchmark reiterated a "buy" rating and issued a $100.00 price target on shares of VSE in a report on Friday, August 2nd. Finally, Royal Bank of Canada increased their price objective on shares of VSE from $100.00 to $120.00 and gave the stock an "outperform" rating in a report on Tuesday, October 22nd. One analyst has rated the stock with a sell rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $107.83.

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.