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

StockNews.com upgraded shares of VSE (NASDAQ:VSEC) to a sell rating in a research report sent to investors on Tuesday morning.

VSEC has been the topic of several other research reports. Royal Bank of Canada raised their target price on VSE from $125.00 to $135.00 and gave the company an “outperform” rating in a research report on Friday, December 6th. B. Riley raised their price objective on VSE from $120.00 to $132.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Truist Financial lowered their target price on shares of VSE from $133.00 to $129.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Finally, Jefferies Financial Group increased their target price on shares of VSE from $100.00 to $110.00 and gave the company a “buy” rating in a research report on Thursday, October 17th. One equities research analyst has rated the stock with a sell rating and six have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $117.83.

VSE Stock Up 2.9 %

NASDAQ:VSEC opened at $103.18 on Tuesday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.15 and a current ratio of 3.69. VSE has a fifty-two week low of $59.18 and a fifty-two week high of $123.92. The company has a fifty day moving average of $104.81 and a two-hundred day moving average of $97.15.

VSE (NASDAQ:VSEC) last released its earnings results on Wednesday, November 6th. The construction company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.08. VSE had a net margin of 1.36% and a return on equity of 7.26%. The business had revenue of $273.61 million during the quarter, compared to analysts’ expectations of $270.88 million. During the same quarter in the previous year, the company earned $0.92 earnings per share. On average, equities research analysts forecast that VSE will post 2.95 earnings per share for the current fiscal year.

VSE Dividend Announcement

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Stephens Investment Management Group LLC increased its position in VSE by 7.4% during the fourth quarter. Stephens Investment Management Group LLC now owns 182,673 shares of the construction company’s stock worth $17,372,000 after purchasing an additional 12,592 shares during the last quarter. Calamos Advisors LLC grew its stake in shares of VSE by 72.7% in the 4th quarter. Calamos Advisors LLC now owns 6,024 shares of the construction company’s stock valued at $573,000 after buying an additional 2,535 shares during the period. Jennison Associates LLC increased its holdings in shares of VSE by 12.7% during the 4th quarter. Jennison Associates LLC now owns 928,617 shares of the construction company’s stock worth $88,311,000 after buying an additional 104,868 shares during the last quarter. KFA Private Wealth Group LLC purchased a new stake in shares of VSE during the 4th quarter valued at approximately $209,000. Finally, SG Americas Securities LLC acquired a new position in VSE in the fourth quarter valued at approximately $493,000. Institutional investors and hedge funds 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.