VSE (NASDAQ:VSEC) Earns "Buy" Rating from Benchmark

Benchmark reiterated their buy rating on shares of VSE (NASDAQ:VSEC - Free Report) in a report issued on Tuesday morning, Benzinga reports. They currently have a $85.00 price objective on the construction company's stock.

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

VSE Stock Down 0.2 %

VSEC stock traded down $0.14 during mid-day trading on Tuesday, reaching $77.52. 45,677 shares of the company traded hands, compared to its average volume of 89,967. The stock has a market cap of $1.22 billion, a price-to-earnings ratio of 32.30 and a beta of 1.67. The company has a quick ratio of 0.95, a current ratio of 2.70 and a debt-to-equity ratio of 0.66. VSE has a fifty-two week low of $40.88 and a fifty-two week high of $83.00. The firm's 50 day moving average price is $75.07 and its 200 day moving average price is $64.84.

VSE Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 16th. Investors of record on Thursday, May 2nd will be issued a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.52%. VSE's dividend payout ratio (DPR) is presently 16.67%.

Institutional Investors Weigh In On VSE

A number of hedge funds have recently modified their holdings of the stock. First Eagle Investment Management LLC raised its holdings in VSE by 26.4% during the 3rd quarter. First Eagle Investment Management LLC now owns 123,573 shares of the construction company's stock valued at $6,233,000 after acquiring an additional 25,814 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in VSE by 25.0% during 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 acquiring an additional 19,955 shares during the period. Boston Partners raised its holdings in VSE by 97.8% during the 3rd quarter. Boston Partners now owns 15,522 shares of the construction company's stock valued at $783,000 after acquiring an additional 7,674 shares during the period. Jennison Associates LLC bought a new stake in VSE during the 3rd quarter valued at $22,203,000. Finally, Janney Montgomery Scott LLC raised its holdings in VSE by 48.8% during the 3rd quarter. Janney Montgomery Scott LLC now owns 24,352 shares of the construction company's stock valued at $1,228,000 after acquiring an additional 7,985 shares during the period. Institutional investors own 91.54% of the company's stock.

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.