2 weeks Ago By Defense World Staff
Corebridge Financial Inc. raised its stake in VSE Co. (NASDAQ:VSEC – Free Report) by 3.
0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,753 shares of the construction company’s stock after acquiring an additional 258 shares during the quarter. Corebridge Financial Inc.
’s holdings in VSE were worth $832,000 as of its most recent filing with the Securities & Exchange Commission. A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc.
raised its holdings in shares of VSE by 20.5% in the 4th quarter. Vanguard Group Inc.
now owns 1,071,545 shares of the construction company’s stock worth $101,904,000 after purchasing an additional 182,465 shares during the period. LPL Financial LLC raised its stake in shares of VSE by 13.8% in the fourth quarter.
LPL Financial LLC now owns 3,223 shares of the construction company’s stock valued at $307,000 after buying an additional 391 shares during the period. KLP Kapitalforvaltning AS bought a new stake in shares of VSE in the fourth quarter valued at $323,000. Sei Investments Co.
lifted its position in shares of VSE by 233.7% during the 4th quarter. Sei Investments Co.
now owns 25,048 shares of the construction company’s stock valued at $2,382,000 after buying an additional 17,541 shares during the last quarter. Finally, Quantbot Technologies LP bought a new position in shares of VSE during the 4th quarter worth $47,000. 91.
54% of the stock is owned by institutional investors. VSE Trading Down 9.3 %NASDAQ VSEC opened at $105.
93 on Friday. 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 stock’s 50-day simple moving average is $110.
53 and its two-hundred day simple moving average is $104.95. VSE Co.
has a twelve month low of $73.36 and a twelve month high of $128.72.
The company has a market capitalization of $2.19 billion, a price-to-earnings ratio of 127.63 and a beta of 1.
32. VSE (NASDAQ:VSEC – Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The construction company reported $0.
90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.17.
The company had revenue of $299.02 million for the quarter, compared to analysts’ expectations of $289.97 million.
VSE had a return on equity of 7.26% and a net margin of 1.36%.
Research analysts forecast that VSE Co. will post 2.96 EPS for the current fiscal year.
VSE Announces DividendThe firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st will be issued a $0.10 dividend.
The ex-dividend date is Thursday, May 1st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.
38%. VSE’s payout ratio is 48.19%.
Analyst Upgrades and DowngradesSeveral research firms have recently issued reports on VSEC. Truist Financial boosted their price target 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. StockNews.com upgraded VSE to a “sell” rating in a research report on Thursday, March 6th.
One equities research analyst has rated the stock with a sell rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $118.67.
View Our Latest Analysis on VSEVSE Profile (Free Report)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.
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