VSE Co. (NASDAQ:VSEC) Given Average Rating of “Buy” by Brokerages

Shares of VSE Co. (NASDAQ:VSEC) have been assigned an average recommendation of “Buy” from the six brokerages that are covering the company, Marketbeat.com reports. Six equities research analysts have rated the stock with a buy recommendation. The average 12 month price target among brokers that have issued a report on the stock in the last year is $117.83.

VSEC has been the topic of several research analyst reports. B. Riley lifted their target price on VSE from $120.00 to $132.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. StockNews.com upgraded shares of VSE to a “sell” rating in a research report on Wednesday. Royal Bank of Canada boosted their price target on shares of VSE from $125.00 to $135.00 and gave the company an “outperform” rating in a report on Friday, December 6th. Finally, Truist Financial reduced their price objective on VSE from $133.00 to $129.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th.

VSE Trading Up 4.5 %

Shares of VSEC stock opened at $97.28 on Friday. VSE has a 1-year low of $67.82 and a 1-year high of $123.92. 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’s fifty day simple moving average is $101.38 and its 200-day simple moving average is $98.17.

VSE Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, February 6th. Shareholders 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 annualized dividend and a yield of 0.41%.

Institutional Trading of VSE

Several large investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets grew its holdings in VSE by 4.2% during the third quarter. BNP Paribas Financial Markets now owns 3,310 shares of the construction company’s stock valued at $274,000 after purchasing an additional 134 shares during the last quarter. Ameritas Investment Partners Inc. grew its stake in VSE by 14.5% in the 4th quarter. Ameritas Investment Partners Inc. now owns 1,842 shares of the construction company’s stock valued at $175,000 after buying an additional 233 shares during the last quarter. Corebridge Financial Inc. raised its holdings in VSE by 3.0% in the 4th quarter. Corebridge Financial Inc. now owns 8,753 shares of the construction company’s stock worth $832,000 after acquiring an additional 258 shares during the period. Tower Research Capital LLC TRC boosted its holdings in VSE by 21.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,449 shares of the construction company’s stock valued at $138,000 after acquiring an additional 258 shares during the period. Finally, Bragg Financial Advisors Inc boosted its holdings in VSE by 0.5% during the fourth quarter. Bragg Financial Advisors Inc now owns 60,648 shares of the construction company’s stock valued at $5,768,000 after acquiring an additional 299 shares during the period. Institutional investors own 91.54% of the company’s stock.

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.