Dimensional Fund Advisors LP Sells 46,000 Shares of VSE Co. (NASDAQ:VSEC)

Dimensional Fund Advisors LP lowered its stake in VSE Co. (NASDAQ:VSEC - Free Report) by 5.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 770,192 shares of the construction company's stock after selling 46,000 shares during the period. Dimensional Fund Advisors LP owned 3.77% of VSE worth $73,248,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Marshall Wace LLP boosted its stake in shares of VSE by 390.9% in the 4th quarter. Marshall Wace LLP now owns 13,608 shares of the construction company's stock valued at $1,294,000 after purchasing an additional 10,836 shares during the last quarter. Wasatch Advisors LP lifted its holdings in VSE by 3.9% in the fourth quarter. Wasatch Advisors LP now owns 105,918 shares of the construction company's stock valued at $10,073,000 after buying an additional 3,941 shares during the period. Summit Investment Advisors Inc. boosted its stake in VSE by 14.5% in the fourth 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 last quarter. Bragg Financial Advisors Inc grew its holdings in 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 acquiring an additional 299 shares during the period. Finally, Granite Investment Partners LLC bought a new stake in shares of VSE during the 4th quarter valued at $9,118,000. Institutional investors own 91.54% of the company's stock.

VSE Trading Up 0.5 %

VSE stock traded up $0.53 during mid-day trading on Tuesday, hitting $117.63. 30,805 shares of the company's stock were exchanged, compared to its average volume of 213,421. The company's 50 day simple moving average is $115.23 and its 200-day simple moving average is $108.77. The company has a quick ratio of 1.15, a current ratio of 3.69 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $2.43 billion, a P/E ratio of 141.66 and a beta of 1.34. VSE Co. has a fifty-two week low of $73.36 and a fifty-two week high of $128.72.

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

VSE Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.34%. The ex-dividend date of this dividend is Thursday, May 1st. VSE's dividend payout ratio (DPR) is presently 48.19%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on VSEC. StockNews.com upgraded VSE to a "sell" rating in a research report on Thursday, March 6th. Truist Financial cut their target price on VSE from $134.00 to $130.00 and set a "buy" rating on the stock in a research note on Thursday, April 17th. One investment analyst has rated the stock with a sell rating and six have issued a buy rating to the company's 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 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.