2,293 Shares in VSE Corporation $VSEC Purchased by Aigen Investment Management LP

Key Points

• Aigen Investment Management LP has purchased a new stake in VSE Corporation (NASDAQ:VSEC), acquiring 2,293 shares valued at approximately $275,000 in the first quarter of the year.
• Multiple large investors, including Wealth Enhancement Advisory Services LLC, have significantly increased their holdings in VSE, with 91.54% of the company's stock currently owned by institutional investors.
• VSE Corporation recently reported earnings per share of $0.97 for the last quarter, exceeding estimates by $0.28, and announced a forthcoming quarterly dividend of $0.10 per share.

Aigen Investment Management LP bought a new position in VSE Corporation (NASDAQ:VSEC - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,293 shares of the construction company's stock, valued at approximately $275,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Sterling Capital Management LLC increased its stake in shares of VSE by 857.1% in the fourth quarter. Sterling Capital Management LLC now owns 469 shares of the construction company's stock valued at $45,000 after purchasing an additional 420 shares during the period. Amalgamated Bank grew its position in VSE by 36.5% in the first quarter. Amalgamated Bank now owns 610 shares of the construction company's stock worth $73,000 after buying an additional 163 shares during the last quarter. KBC Group NV acquired a new position in VSE in the first quarter worth approximately $99,000. Tower Research Capital LLC TRC boosted its stake in VSE by 21.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,449 shares of the construction company's stock worth $138,000 after purchasing an additional 258 shares during the period. Finally, Summit Investment Advisors Inc. boosted its stake in VSE by 14.5% in the 4th quarter. Summit Investment Advisors Inc. now owns 1,842 shares of the construction company's stock worth $175,000 after purchasing an additional 233 shares during the period. Institutional investors and hedge funds own 91.54% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on VSEC. Truist Financial lifted their target price on shares of VSE from $130.00 to $140.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. B. Riley lifted their price target on shares of VSE from $145.00 to $150.00 and gave the company a "buy" rating in a research report on Thursday, May 8th. Finally, Royal Bank Of Canada boosted their target price on shares of VSE from $150.00 to $180.00 and gave the stock an "outperform" rating in a research report on Friday, August 1st. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat, VSE has an average rating of "Buy" and an average price target of $145.00.

VSE Price Performance

Shares of VSE stock traded down $4.4660 during midday trading on Tuesday, reaching $160.2540. The company had a trading volume of 59,720 shares, compared to its average volume of 247,458. The company has a current ratio of 3.73, a quick ratio of 1.44 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $3.31 billion, a price-to-earnings ratio of 142.88 and a beta of 1.33. The stock has a fifty day simple moving average of $139.33 and a 200 day simple moving average of $124.50. VSE Corporation has a 1-year low of $80.60 and a 1-year high of $166.85.

VSE (NASDAQ:VSEC - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The construction company reported $0.97 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.69 by $0.28. VSE had a net margin of 1.94% and a return on equity of 7.25%. The firm had revenue of $272.14 million for the quarter, compared to analysts' expectations of $267.39 million. During the same period last year, the firm earned $0.47 earnings per share. The business's revenue for the quarter was up 41.1% on a year-over-year basis. VSE has set its FY 2025 guidance at EPS. As a group, equities research analysts forecast that VSE Corporation will post 2.96 earnings per share for the current year.

VSE Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 29th. Stockholders of record on Wednesday, October 15th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, October 15th. This represents a $0.40 annualized dividend and a dividend yield of 0.2%. VSE's payout ratio is 35.71%.

About VSE

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.