Susquehanna International Group LLP purchased a new stake in shares of VSE Co. (NASDAQ:VSEC - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 48,426 shares of the construction company's stock, valued at approximately $4,605,000. Susquehanna International Group LLP owned approximately 0.24% of VSE at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Sterling Capital Management LLC boosted its position in VSE by 857.1% in the fourth quarter. Sterling Capital Management LLC now owns 469 shares of the construction company's stock worth $45,000 after purchasing an additional 420 shares during the last quarter. Quantbot Technologies LP bought a new position in shares of VSE during the 4th quarter worth approximately $47,000. 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 in the last quarter. Summit Investment Advisors Inc. lifted its stake in VSE by 14.5% during the 4th quarter. Summit Investment Advisors Inc. now owns 1,842 shares of the construction company's stock valued at $175,000 after acquiring an additional 233 shares during the period. Finally, KFA Private Wealth Group LLC acquired a new position in shares of VSE in the 4th quarter valued at about $209,000. 91.54% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
VSEC has been the subject of several research reports. B. Riley upped their price objective on shares of VSE from $145.00 to $150.00 and gave the company a "buy" rating in a research note on Thursday. StockNews.com upgraded shares of VSE to a "sell" rating in a report on Thursday, March 6th. Royal Bank of Canada lifted their price objective on VSE from $140.00 to $150.00 and gave the company an "outperform" rating in a research note on Thursday. Finally, Truist Financial lifted their price target on VSE from $130.00 to $140.00 and gave the stock a "buy" rating in a report on Thursday. One equities research analyst has rated the stock with a sell rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, VSE has a consensus rating of "Moderate Buy" and an average price target of $125.17.
Check Out Our Latest Research Report on VSEC
VSE Stock Performance
Shares of NASDAQ VSEC traded down $2.54 during midday trading on Friday, hitting $128.88. 67,997 shares of the company's stock were exchanged, compared to its average volume of 218,261. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.69 and a quick ratio of 1.15. The firm has a market cap of $2.66 billion, a P/E ratio of 155.28 and a beta of 1.34. The stock's 50 day moving average price is $115.77 and its 200-day moving average price is $109.17. VSE Co. has a twelve month low of $73.36 and a twelve month high of $134.00.
VSE (NASDAQ:VSEC - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The construction company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.55 by $0.23. The business had revenue of $256.05 million for the quarter, compared to analysts' expectations of $248.20 million. VSE had a net margin of 1.36% and a return on equity of 7.26%. The firm's revenue was up 57.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.45 EPS. Equities research analysts anticipate that VSE Co. will post 2.96 EPS for the current year.
VSE Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 30th. Shareholders of record on Wednesday, July 16th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.31%. VSE's payout ratio is 48.19%.
VSE Profile
(
Free Report)
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.
See Also
Before you consider VSE, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and VSE wasn't on the list.
While VSE currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
