ValuEngine upgraded shares of Vectrus (NYSE:VEC) from a sell rating to a hold rating in a research note published on Monday, ValuEngine reports.

Several other brokerages have also recently commented on VEC. Noble Financial reaffirmed a hold rating on shares of Vectrus in a research report on Thursday, February 28th. Zacks Investment Research raised Vectrus from a sell rating to a hold rating in a research report on Saturday, January 12th. Four research analysts have rated the stock with a hold rating, The stock presently has a consensus rating of Hold and a consensus target price of $41.00.

Shares of Vectrus stock opened at $39.00 on Monday. The firm has a market capitalization of $337.25 million, a PE ratio of 13.27 and a beta of 1.56. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.39 and a current ratio of 1.39. Vectrus has a 1 year low of $19.61 and a 1 year high of $40.63.

Vectrus (NYSE:VEC) last announced its quarterly earnings data on Tuesday, February 26th. The business services provider reported $0.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by ($0.05). Vectrus had a return on equity of 16.86% and a net margin of 2.76%. On average, sell-side analysts anticipate that Vectrus will post 3.34 earnings per share for the current year.

In related news, Director Melvin Parker sold 1,375 shares of the firm’s stock in a transaction on Tuesday, January 22nd. The stock was sold at an average price of $23.57, for a total value of $32,408.75. Following the completion of the transaction, the director now directly owns 2,750 shares of the company’s stock, valued at $64,817.50. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Over the last ninety days, insiders sold 4,125 shares of company stock valued at $107,979. 2.80% of the stock is owned by company insiders.

A number of hedge funds have recently modified their holdings of VEC. Wells Fargo & Company MN lifted its position in Vectrus by 138.8% in the third quarter. Wells Fargo & Company MN now owns 77,665 shares of the business services provider’s stock worth $2,423,000 after purchasing an additional 45,139 shares during the period. BlackRock Inc. lifted its holdings in shares of Vectrus by 2.0% during the third quarter. BlackRock Inc. now owns 898,160 shares of the business services provider’s stock valued at $28,013,000 after acquiring an additional 17,656 shares during the period. FMR LLC bought a new position in shares of Vectrus during the third quarter valued at $3,428,000. Dimensional Fund Advisors LP lifted its holdings in shares of Vectrus by 10.9% during the third quarter. Dimensional Fund Advisors LP now owns 746,310 shares of the business services provider’s stock valued at $23,278,000 after acquiring an additional 73,126 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Vectrus by 2.2% during the third quarter. JPMorgan Chase & Co. now owns 536,438 shares of the business services provider’s stock valued at $16,732,000 after acquiring an additional 11,689 shares during the period. 87.23% of the stock is owned by hedge funds and other institutional investors.

About Vectrus

Vectrus, Inc provides facility and logistics, and information technology and network communication services to the U.S. government worldwide. The company offers facility and logistics services, such as airfield management, ammunition management, civil engineering, communications, emergency services, life support activities, public works, security, transportation operations, warehouse management and distribution, and equipment maintenance, repair, and services for U.S.

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