Northern Trust Corp grew its holdings in VSE Co. (NASDAQ:VSEC) by 1.6% during the second quarter, HoldingsChannel.com reports. The fund owned 115,823 shares of the construction company’s stock after purchasing an additional 1,815 shares during the quarter. Northern Trust Corp’s holdings in VSE were worth $5,534,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. OppenheimerFunds Inc. raised its stake in shares of VSE by 22.1% in the 2nd quarter. OppenheimerFunds Inc. now owns 9,195 shares of the construction company’s stock valued at $439,000 after acquiring an additional 1,665 shares during the period. First Trust Advisors LP raised its stake in shares of VSE by 18.5% in the 2nd quarter. First Trust Advisors LP now owns 9,742 shares of the construction company’s stock valued at $465,000 after acquiring an additional 1,518 shares during the period. Millennium Management LLC purchased a new position in shares of VSE in the 1st quarter valued at $475,000. Stanley Laman Group Ltd. raised its stake in shares of VSE by 15.8% in the 2nd quarter. Stanley Laman Group Ltd. now owns 16,139 shares of the construction company’s stock valued at $771,000 after acquiring an additional 2,197 shares during the period. Finally, United Services Automobile Association raised its stake in shares of VSE by 65.0% in the 2nd quarter. United Services Automobile Association now owns 29,188 shares of the construction company’s stock valued at $1,395,000 after acquiring an additional 11,500 shares during the period. 72.83% of the stock is currently owned by institutional investors and hedge funds.

VSEC has been the topic of several analyst reports. TheStreet downgraded shares of VSE from a “b-” rating to a “c+” rating in a research note on Friday, October 19th. BidaskClub raised shares of VSE from a “strong sell” rating to a “sell” rating in a research note on Thursday, October 18th. Finally, ValuEngine downgraded shares of VSE from a “hold” rating to a “sell” rating in a research note on Thursday, August 2nd.

VSE stock opened at $29.78 on Tuesday. VSE Co. has a 12-month low of $27.53 and a 12-month high of $56.03. The firm has a market cap of $326.11 million, a P/E ratio of 10.02 and a beta of 1.65. The company has a current ratio of 2.87, a quick ratio of 1.12 and a debt-to-equity ratio of 0.58.

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About VSE

VSE Corporation operates as a diversified services and supply company in the United States. The company operates through three segments: Supply Chain Management Group, Aviation Group, and Federal Services Group. The Supply Chain Management Group segment offers sourcing, acquisition, scheduling, transportation, shipping, logistics, data management, and other services to assist its clients with supply chain management.

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Institutional Ownership by Quarter for VSE (NASDAQ:VSEC)

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