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 released on Wednesday morning.

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

VSE Trading Down 5.3 %

VSE stock opened at $100.90 on Wednesday. The company has a current ratio of 3.69, a quick ratio of 1.15 and a debt-to-equity ratio of 0.53. The stock has a 50-day moving average price of $102.24 and a 200 day moving average price of $98.15. VSE has a 52 week low of $65.33 and a 52 week high of $123.92.

VSE Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 6th. Stockholders of record on Thursday, January 23rd were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, January 23rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.40%.

Institutional Investors Weigh In On VSE

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bryce Point Capital LLC acquired a new position in VSE during the fourth quarter valued at approximately $443,000. Geode Capital Management LLC lifted its position in VSE by 9.4% during the 4th quarter. Geode Capital Management LLC now owns 418,638 shares of the construction company’s stock worth $39,821,000 after acquiring an additional 35,919 shares in the last quarter. Diametric Capital LP boosted its holdings in VSE by 14.7% in the 4th quarter. Diametric Capital LP now owns 4,892 shares of the construction company’s stock worth $465,000 after acquiring an additional 627 shares during the period. AltraVue Capital LLC raised its stake in shares of VSE by 8.8% during the fourth quarter. AltraVue Capital LLC now owns 617,648 shares of the construction company’s stock valued at $58,738,000 after purchasing an additional 50,000 shares during the period. Finally, Franklin Resources Inc. lifted its position in shares of VSE by 7.6% during the fourth quarter. Franklin Resources Inc. now owns 349,957 shares of the construction company’s stock worth $33,281,000 after purchasing an additional 24,836 shares in the last quarter. 91.54% of the stock is currently owned by institutional investors and hedge funds.

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.