VSE Co. (NASDAQ:VSEC) Shares Purchased by Calamos Advisors LLC

Calamos Advisors LLC boosted its position in VSE Co. (NASDAQ:VSEC) by 72.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 6,024 shares of the construction company’s stock after purchasing an additional 2,535 shares during the period. Calamos Advisors LLC’s holdings in VSE were worth $573,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of VSEC. The Manufacturers Life Insurance Company boosted its holdings in shares of VSE by 6.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 5,250 shares of the construction company’s stock valued at $463,000 after acquiring an additional 320 shares during the last quarter. Park Avenue Securities LLC boosted its holdings in VSE by 13.8% in the third quarter. Park Avenue Securities LLC now owns 3,818 shares of the construction company’s stock valued at $316,000 after purchasing an additional 464 shares during the last quarter. US Bancorp DE grew its position in VSE by 1,180.2% during the 3rd quarter. US Bancorp DE now owns 2,586 shares of the construction company’s stock worth $214,000 after purchasing an additional 2,384 shares during the period. Wisconsin Capital Management LLC grew its position in VSE by 14.9% during the 3rd quarter. Wisconsin Capital Management LLC now owns 58,172 shares of the construction company’s stock worth $4,813,000 after purchasing an additional 7,522 shares during the period. Finally, Principal Financial Group Inc. lifted its holdings in shares of VSE by 5.9% in the 3rd quarter. Principal Financial Group Inc. now owns 22,067 shares of the construction company’s stock valued at $1,826,000 after buying an additional 1,236 shares during the period. Institutional investors and hedge funds own 91.54% of the company’s stock.

VSE Stock Up 1.5 %

Shares of NASDAQ:VSEC opened at $105.15 on Thursday. VSE Co. has a 1 year low of $60.05 and a 1 year high of $123.92. 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 business’s 50 day moving average price is $103.34 and its 200-day moving average price is $97.68.

VSE (NASDAQ:VSEC) last posted its quarterly earnings results on Wednesday, November 6th. The construction company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.08. The firm had revenue of $273.61 million for the quarter, compared to the consensus estimate of $270.88 million. VSE had a net margin of 1.36% and a return on equity of 7.26%. During the same period last year, the firm posted $0.92 earnings per share. On average, equities analysts anticipate that VSE Co. will post 2.96 earnings per share for the current year.

VSE Dividend Announcement

The firm 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 yield of 0.38%. The ex-dividend date is Thursday, January 23rd.

Wall Street Analyst Weigh In

Several research firms have commented on VSEC. Truist Financial lowered their price objective on VSE from $133.00 to $129.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. Jefferies Financial Group raised their price target 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. Royal Bank of Canada upped their price objective on shares of VSE from $125.00 to $135.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. StockNews.com upgraded VSE to a “sell” rating in a research report on Tuesday, January 28th. Finally, B. Riley upped their price target on VSE from $120.00 to $132.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $117.83.

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.