Oberweis Asset Management Inc. Grows Position in VSE Co. (NASDAQ:VSEC)

Oberweis Asset Management Inc. increased its holdings in shares of VSE Co. (NASDAQ:VSEC - Free Report) by 29.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 58,600 shares of the construction company's stock after buying an additional 13,400 shares during the period. Oberweis Asset Management Inc. owned about 0.29% of VSE worth $5,573,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Summit Investment Advisors Inc. increased its stake in shares of VSE by 14.5% in 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 in the last quarter. Corebridge Financial Inc. increased its stake in VSE by 3.0% in the fourth quarter. Corebridge Financial Inc. now owns 8,753 shares of the construction company's stock valued at $832,000 after purchasing an additional 258 shares in the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of VSE by 21.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,449 shares of the construction company's stock valued at $138,000 after purchasing an additional 258 shares during the period. Bragg Financial Advisors Inc boosted its position in shares of VSE by 0.5% during the 4th quarter. Bragg Financial Advisors Inc now owns 60,648 shares of the construction company's stock worth $5,768,000 after purchasing an additional 299 shares in the last quarter. Finally, LPL Financial LLC grew its stake in shares of VSE by 13.8% in the 4th quarter. LPL Financial LLC now owns 3,223 shares of the construction company's stock valued at $307,000 after buying an additional 391 shares during the period. 91.54% of the stock is currently owned by institutional investors and hedge funds.

VSE Stock Down 2.3 %

Shares of VSE stock traded down $2.64 on Wednesday, hitting $113.24. The company had a trading volume of 84,325 shares, compared to its average volume of 211,277. The stock has a market capitalization of $2.34 billion, a price-to-earnings ratio of 136.43 and a beta of 1.32. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.15 and a current ratio of 3.69. VSE Co. has a 1 year low of $73.36 and a 1 year high of $128.72. The stock has a 50 day moving average of $113.80 and a 200-day moving average of $108.18.

VSE (NASDAQ:VSEC - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The construction company reported $0.90 earnings per share for the quarter, beating 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 for the quarter, compared to analysts' expectations of $289.97 million. As a group, sell-side analysts forecast that VSE Co. will post 2.96 earnings per share for the current year.

VSE Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 1st will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.35%. The ex-dividend date is Thursday, May 1st. VSE's payout ratio is 48.19%.

Analysts Set New Price Targets

Several research analysts have issued reports on VSEC shares. StockNews.com upgraded VSE to a "sell" rating in a report on Thursday, March 6th. Truist Financial reduced their price target on shares of VSE from $134.00 to $130.00 and set a "buy" rating for the company in a research report on Thursday, April 17th. One research analyst has rated the stock with a sell rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $118.00.

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.