VSE (NASDAQ:VSEC) Sees Unusually-High Trading Volume

VSE Co. (NASDAQ:VSEC - Get Free Report) shares saw an uptick in trading volume on Thursday . 85,243 shares traded hands during mid-day trading, a decline of 5% from the previous session's volume of 89,546 shares.The stock last traded at $78.73 and had previously closed at $85.21.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Truist Financial lifted their target price on shares of VSE from $77.00 to $86.00 and gave the stock a "buy" rating in a research report on Wednesday, January 10th. StockNews.com cut VSE from a "hold" rating to a "sell" rating in a report on Friday, January 26th. Finally, Benchmark reissued a "buy" rating and issued a $85.00 price target on shares of VSE in a report on Tuesday, April 16th. One 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, the company has a consensus rating of "Moderate Buy" and an average target price of $78.25.

VSE Trading Down 5.3 %

The company has a quick ratio of 0.95, a current ratio of 2.70 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of $1.27 billion, a PE ratio of 33.62 and a beta of 1.68. The business's fifty day moving average is $78.06 and its 200-day moving average is $67.54.

VSE Dividend Announcement

The company also recently announced 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. This represents a $0.40 dividend on an annualized basis and a yield of 0.50%. The ex-dividend date of this dividend is Wednesday, May 1st. VSE's payout ratio is currently 16.67%.

Hedge Funds Weigh In On VSE

A number of large investors have recently modified their holdings of the company. FMR LLC raised its holdings in VSE by 18.1% in the third quarter. FMR LLC now owns 2,283,203 shares of the construction company's stock valued at $115,165,000 after buying an additional 350,313 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of VSE by 1.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 784,606 shares of the construction company's stock valued at $50,694,000 after acquiring an additional 14,789 shares in the last quarter. Vanguard Group Inc. boosted its position in VSE by 17.5% during the 3rd quarter. Vanguard Group Inc. now owns 695,222 shares of the construction company's stock worth $35,067,000 after purchasing an additional 103,586 shares during the period. Jennison Associates LLC increased its holdings in VSE by 13.2% in the 1st quarter. Jennison Associates LLC now owns 561,397 shares of the construction company's stock valued at $44,912,000 after purchasing an additional 65,495 shares in the last quarter. Finally, Juniper Investment Company LLC lifted its stake in shares of VSE by 9.6% during the third quarter. Juniper Investment Company LLC now owns 362,363 shares of the construction company's stock worth $18,278,000 after purchasing an additional 31,850 shares in the last quarter. 91.54% of the stock is currently owned by hedge funds and other institutional investors.

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.