VSE (NASDAQ:VSEC) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

VSE Corporation (NASDAQ:VSEC)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $175.06 and traded as high as $215.00. VSE shares last traded at $202.89, with a volume of 449,474 shares.

Wall Street Analyst Weigh In

Several research analysts have weighed in on VSEC shares. Citigroup boosted their price target on VSE from $215.00 to $233.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. B. Riley Financial raised their price target on VSE from $208.00 to $258.00 and gave the stock a “buy” rating in a research note on Monday, February 2nd. Truist Financial set a $222.00 price objective on shares of VSE in a research note on Friday, January 9th. Weiss Ratings reissued a “hold (c)” rating on shares of VSE in a research report on Monday, December 29th. Finally, Royal Bank Of Canada upped their price target on shares of VSE from $200.00 to $225.00 and gave the stock an “outperform” rating in a research report on Thursday, February 5th. Seven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $224.71.

VSE Stock Performance

The stock’s 50-day moving average is $191.92 and its 200-day moving average is $175.06. The company has a current ratio of 3.94, a quick ratio of 1.41 and a debt-to-equity ratio of 0.35. The stock has a market cap of $4.67 billion, a price-to-earnings ratio of 298.37, a P/E/G ratio of 2.35 and a beta of 1.35.

VSE Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 29th. Investors of record on Thursday, January 15th were issued a dividend of $0.10 per share. The ex-dividend date was Thursday, January 15th. This represents a $0.40 annualized dividend and a dividend yield of 0.2%. VSE’s payout ratio is presently 58.82%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its position in shares of VSE by 34.2% in the first quarter. Royal Bank of Canada now owns 13,139 shares of the construction company’s stock worth $1,576,000 after buying an additional 3,350 shares during the period. AQR Capital Management LLC acquired a new position in VSE during the 1st quarter worth approximately $247,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in VSE by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,485 shares of the construction company’s stock worth $1,258,000 after acquiring an additional 470 shares during the period. Goldman Sachs Group Inc. grew its position in VSE by 10.4% in the first quarter. Goldman Sachs Group Inc. now owns 346,390 shares of the construction company’s stock valued at $41,563,000 after acquiring an additional 32,489 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of VSE by 56.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 50,422 shares of the construction company’s stock valued at $6,050,000 after purchasing an additional 18,220 shares during the period. 91.54% of the stock is owned by hedge funds and other institutional investors.

About VSE

VSE Corporation (NASDAQ: VSEC) is a provider of aftermarket distribution and supply chain management services serving both government and commercial markets. The company’s solutions span a wide range of industries, with particular emphasis on defense, aerospace and transportation. VSE’s core mission is to ensure mission readiness by delivering critical parts, maintenance and technical support for equipment throughout its lifecycle.

Through its Distribution Services segment, VSE sources, markets and distributes replacement parts and components for commercial truck, bus, rail and specialty vehicle applications.