Kendall Capital Management bought a new position in VSE Co. (NASDAQ:VSEC) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 146,989 shares of the construction company’s stock, valued at approximately $7,119,000. VSE makes up 6.3% of Kendall Capital Management’s investment portfolio, making the stock its largest position. Kendall Capital Management owned 1.36% of VSE as of its most recent filing with the SEC.
Separately, Stanley Laman Group Ltd. acquired a new stake in VSE in the 4th quarter worth approximately $666,000. 71.32% of the stock is owned by institutional investors.
NASDAQ VSEC traded down $3.74 on Monday, hitting $47.98. 41,537 shares of the company’s stock traded hands, compared to its average volume of 26,241. The company has a current ratio of 2.18, a quick ratio of 1.02 and a debt-to-equity ratio of 0.64. VSE Co. has a 1-year low of $38.90 and a 1-year high of $59.90. The stock has a market cap of $561.16, a price-to-earnings ratio of 19.74 and a beta of 1.63.
VSE (NASDAQ:VSEC) last announced its quarterly earnings data on Thursday, March 1st. The construction company reported $0.62 EPS for the quarter. VSE had a net margin of 5.14% and a return on equity of 10.32%. The business had revenue of $194.80 million during the quarter.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 16th. Shareholders of record on Wednesday, May 2nd will be paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 0.58%. The ex-dividend date is Tuesday, May 1st.
Separately, BidaskClub cut shares of VSE from a “hold” rating to a “sell” rating in a research note on Saturday, January 6th.
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VSE Company Profile
VSE Corporation is a services and supply chain management company. The Company’s segments include Supply Chain Management Group, Aviation Group, Federal Services Group, and IT, Energy and Management Consulting Group. The Company provides logistics and distribution services for legacy systems and equipment and professional and technical services to the United States Government, including the United States Department of Defense (DoD), the United States Postal Service (USPS), federal civilian agencies, and commercial and other customers.
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