Wisconsin Capital Management LLC Sells 8,353 Shares of VSE Co. (NASDAQ:VSEC)

Wisconsin Capital Management LLC cut its stake in shares of VSE Co. (NASDAQ:VSEC - Free Report) by 14.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,819 shares of the construction company's stock after selling 8,353 shares during the quarter. VSE accounts for 2.6% of Wisconsin Capital Management LLC's portfolio, making the stock its 17th largest holding. Wisconsin Capital Management LLC owned 0.24% of VSE worth $4,738,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Quantbot Technologies LP acquired a new position in shares of VSE in the 4th quarter valued at $47,000. Sanctuary Advisors LLC acquired a new stake in shares of VSE during the third quarter valued at approximately $155,000. KFA Private Wealth Group LLC purchased a new stake in shares of VSE in the 4th quarter valued at approximately $209,000. M&T Bank Corp acquired a new position in VSE in the 4th quarter worth approximately $239,000. Finally, US Bancorp DE grew its position in VSE by 16.8% during the 4th quarter. US Bancorp DE now owns 3,021 shares of the construction company's stock worth $287,000 after purchasing an additional 435 shares in the last quarter. 91.54% of the stock is currently owned by institutional investors and hedge funds.

VSE Stock Performance

VSEC traded down $10.83 during midday trading on Friday, reaching $105.93. The company's stock had a trading volume of 377,985 shares, compared to its average volume of 199,042. VSE Co. has a twelve month low of $73.36 and a twelve month high of $128.72. The company has a fifty day simple moving average of $110.53 and a 200 day simple moving average of $104.95. The stock has a market cap of $2.19 billion, a P/E ratio of 127.63 and a beta of 1.32. The company has a current ratio of 3.69, a quick ratio of 1.15 and a debt-to-equity ratio of 0.53.

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VSE (NASDAQ:VSEC - Get Free Report) last released its earnings results on Wednesday, February 26th. The construction company reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.17. VSE had a net margin of 1.36% and a return on equity of 7.26%. The business had revenue of $299.02 million during the quarter, compared to analysts' expectations of $289.97 million. Research analysts expect that VSE Co. will post 2.96 earnings per share for the current year.

VSE Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.38%. The ex-dividend date of this dividend is Thursday, May 1st. VSE's dividend payout ratio is presently 48.19%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on VSEC. StockNews.com raised VSE to a "sell" rating in a research note on Thursday, March 6th. Truist Financial boosted their price objective on shares of VSE from $129.00 to $134.00 and gave the company a "buy" rating in a research report on Tuesday, March 4th. One analyst has rated the stock with a sell rating and six have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $118.67.

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.