Brokerages Set VSE Co. (NASDAQ:VSEC) PT at $118.00

Shares of VSE Co. (NASDAQ:VSEC - Get Free Report) have been given a consensus recommendation of "Buy" by the six research firms that are covering the firm, MarketBeat reports. Six investment analysts have rated the stock with a buy rating. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $118.00.

Several equities analysts have recently weighed in on the stock. Truist Financial dropped their price objective on shares of VSE from $134.00 to $130.00 and set a "buy" rating on the stock in a report on Thursday, April 17th. StockNews.com raised VSE to a "sell" rating in a research report on Thursday, March 6th.

Hedge Funds Weigh In On VSE

A number of institutional investors have recently added to or reduced their stakes in the business. Lord Abbett & CO. LLC lifted its stake in VSE by 24.9% during the third quarter. Lord Abbett & CO. LLC now owns 224,148 shares of the construction company's stock worth $18,544,000 after purchasing an additional 44,662 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of VSE by 12.5% during the third quarter. Geode Capital Management LLC now owns 382,719 shares of the construction company's stock valued at $31,669,000 after purchasing an additional 42,637 shares in the last quarter. Barclays PLC grew its position in shares of VSE by 711.2% in the 3rd quarter. Barclays PLC now owns 40,770 shares of the construction company's stock worth $3,374,000 after buying an additional 35,744 shares during the period. SG Americas Securities LLC purchased a new position in VSE during the fourth quarter valued at $493,000. Finally, Sanctuary Advisors LLC bought a new position in shares of VSE in the third quarter worth approximately $155,000. 91.54% of the stock is currently owned by institutional investors.

VSE Trading Up 0.6 %

VSEC stock traded up $0.67 during trading on Thursday, hitting $114.89. The company had a trading volume of 31,522 shares, compared to its average volume of 250,281. The business has a 50-day moving average of $113.52 and a 200-day moving average of $108.12. VSE has a one year low of $73.36 and a one year high of $128.72. The company has a current ratio of 3.69, a quick ratio of 1.15 and a debt-to-equity ratio of 0.53. The stock has a market cap of $2.37 billion, a PE ratio of 138.42 and a beta of 1.32.

VSE (NASDAQ:VSEC - Get Free Report) last released its earnings results on Wednesday, February 26th. The construction company reported $0.90 EPS for the quarter, topping the consensus estimate of $0.73 by $0.17. VSE had a return on equity of 7.26% and a net margin of 1.36%. The business had revenue of $299.02 million during the quarter, compared to analysts' expectations of $289.97 million. Research analysts predict that VSE will post 2.96 earnings per share for the current fiscal year.

VSE Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, May 1st will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.35%. The ex-dividend date of this dividend is Thursday, May 1st. VSE's dividend payout ratio (DPR) is presently 48.19%.

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.