Bfsg LLC Makes New Investment in VSE Co. (NASDAQ:VSEC)

Bfsg LLC acquired a new position in shares of VSE Co. (NASDAQ:VSEC) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 627 shares of the construction company’s stock, valued at approximately $41,000.

Other large investors have also recently bought and sold shares of the company. First Eagle Investment Management LLC grew its stake in VSE by 26.4% during the third quarter. First Eagle Investment Management LLC now owns 123,573 shares of the construction company’s stock worth $6,233,000 after buying an additional 25,814 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of VSE by 25.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 99,782 shares of the construction company’s stock valued at $5,033,000 after purchasing an additional 19,955 shares in the last quarter. Boston Partners boosted its stake in shares of VSE by 97.8% in the 3rd quarter. Boston Partners now owns 15,522 shares of the construction company’s stock valued at $783,000 after purchasing an additional 7,674 shares in the last quarter. Jennison Associates LLC acquired a new stake in shares of VSE in the 3rd quarter valued at approximately $22,203,000. Finally, Janney Montgomery Scott LLC boosted its stake in shares of VSE by 48.8% in the 3rd quarter. Janney Montgomery Scott LLC now owns 24,352 shares of the construction company’s stock valued at $1,228,000 after purchasing an additional 7,985 shares in the last quarter. 91.54% of the stock is currently owned by institutional investors and hedge funds.

VSE Stock Down 2.2 %

VSE stock opened at $76.88 on Friday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.95 and a current ratio of 2.70. VSE Co. has a 52-week low of $41.17 and a 52-week high of $83.00. The firm has a 50 day moving average price of $76.19 and a two-hundred day moving average price of $65.79. The firm has a market cap of $1.21 billion, a price-to-earnings ratio of 32.03 and a beta of 1.67.

VSE Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 16th. Shareholders of record on Thursday, May 2nd will be issued a dividend of $0.10 per share. The ex-dividend date is Wednesday, May 1st. This represents a $0.40 annualized dividend and a yield of 0.52%. VSE’s payout ratio is 16.67%.

Analyst Upgrades and Downgrades

VSEC has been the topic of a number of research analyst reports. Benchmark restated a “buy” rating and issued a $85.00 price target on shares of VSE in a research note on Tuesday, April 16th. StockNews.com downgraded shares of VSE from a “hold” rating to a “sell” rating in a research note on Friday, January 26th. Finally, Truist Financial raised their price target on shares of VSE from $77.00 to $86.00 and gave the company a “buy” rating in a research note on Wednesday, January 10th. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, VSE has an average rating of “Moderate Buy” and a consensus target price of $78.25.

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.