Mutual of America Capital Management LLC Sells 19,573 Shares of VSE Co. (NASDAQ:VSEC)

Mutual of America Capital Management LLC lowered its holdings in shares of VSE Co. (NASDAQ:VSEC - Free Report) by 9.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 190,825 shares of the construction company's stock after selling 19,573 shares during the period. Mutual of America Capital Management LLC owned about 1.21% of VSE worth $12,329,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Captrust Financial Advisors increased its holdings in VSE by 789.2% in the 2nd quarter. Captrust Financial Advisors now owns 658 shares of the construction company's stock worth $25,000 after purchasing an additional 584 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in VSE by 333.9% in the 3rd quarter. Tower Research Capital LLC TRC now owns 794 shares of the construction company's stock worth $40,000 after purchasing an additional 611 shares in the last quarter. Amalgamated Bank increased its holdings in VSE by 18.4% in the 3rd quarter. Amalgamated Bank now owns 1,237 shares of the construction company's stock worth $62,000 after purchasing an additional 192 shares in the last quarter. BNP Paribas Arbitrage SA increased its holdings in VSE by 36.2% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 2,496 shares of the construction company's stock worth $94,000 after purchasing an additional 663 shares in the last quarter. Finally, BNP Paribas Arbitrage SNC increased its holdings in VSE by 33.5% in the 3rd quarter. BNP Paribas Arbitrage SNC now owns 3,332 shares of the construction company's stock worth $118,000 after purchasing an additional 836 shares in the last quarter. Institutional investors and hedge funds own 91.54% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Benchmark reissued a "buy" rating and issued a $85.00 price target on shares of VSE in a research note on Monday, December 18th. Truist Financial increased 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. Finally, StockNews.com cut VSE from a "hold" rating to a "sell" rating in a research note on Friday, January 26th. One analyst has rated the stock with a sell rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $78.25.

VSE Trading Up 0.5 %

Shares of VSE stock traded up $0.36 on Thursday, hitting $79.89. 73,094 shares of the company's stock traded hands, compared to its average volume of 91,148. VSE Co. has a one year low of $40.88 and a one year high of $83.00. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.70 and a quick ratio of 0.95. The company has a fifty day moving average of $74.07 and a two-hundred day moving average of $64.23. The company has a market capitalization of $1.26 billion, a price-to-earnings ratio of 33.29 and a beta of 1.67.

VSE Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 16th. Investors of record on Thursday, May 2nd will be given a dividend of $0.10 per share. The ex-dividend date is Wednesday, May 1st. This represents a $0.40 annualized dividend and a dividend yield of 0.50%. VSE's payout ratio is 16.67%.

VSE 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.