VSE’s (VSEC) Buy Rating Reiterated at Benchmark

Benchmark reissued their buy rating on shares of VSE (NASDAQ:VSEC) in a research report report published on Tuesday morning, Benzinga reports. The firm currently has a $85.00 price objective on the construction company’s stock.

Several other research analysts have also recently issued reports on VSEC. StockNews.com cut shares of VSE from a hold rating to a sell rating in a report on Friday, January 26th. Truist Financial increased their price target on shares of VSE from $77.00 to $86.00 and gave the stock a buy rating in a research note on Wednesday, January 10th. One investment analyst has rated the stock with a sell rating and four have given a buy rating to the stock. According to MarketBeat.com, VSE has a consensus rating of Moderate Buy and a consensus target price of $78.25.

VSE Trading Down 2.0 %

Shares of VSE stock opened at $75.10 on Tuesday. The company has a fifty day simple moving average of $75.44 and a 200-day simple moving average of $64.99. VSE has a 12-month low of $41.17 and a 12-month high of $83.00. The company has a current ratio of 2.70, a quick ratio of 0.95 and a debt-to-equity ratio of 0.66. The stock has a market cap of $1.18 billion, a price-to-earnings ratio of 31.29 and a beta of 1.67.

VSE Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 16th. Investors of record on Thursday, May 2nd will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.53%. The ex-dividend date of this dividend is Wednesday, May 1st. VSE’s dividend payout ratio is currently 16.67%.

Hedge Funds Weigh In On VSE

Large investors have recently bought and sold shares of the company. Captrust Financial Advisors raised its position in VSE by 789.2% during the 2nd quarter. Captrust Financial Advisors now owns 658 shares of the construction company’s stock worth $25,000 after buying an additional 584 shares during the last quarter. Tower Research Capital LLC TRC raised its position in VSE by 333.9% during the 3rd quarter. Tower Research Capital LLC TRC now owns 794 shares of the construction company’s stock worth $40,000 after buying an additional 611 shares during the last quarter. Bfsg LLC purchased a new position in VSE during the 4th quarter worth $41,000. Amalgamated Bank raised its position in VSE by 18.4% during the 3rd quarter. Amalgamated Bank now owns 1,237 shares of the construction company’s stock worth $62,000 after buying an additional 192 shares during the last quarter. Finally, AJOVista LLC purchased a new position in VSE during the 4th quarter worth $75,000. Hedge funds and other 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.