VSE (NASDAQ:VSEC) Earns “Buy” Rating from Benchmark

Benchmark reiterated their buy rating on shares of VSE (NASDAQ:VSEC) in a report issued on Tuesday, Benzinga reports. The firm currently has a $85.00 price objective on the construction company’s stock.

Several other equities research analysts also recently commented on the stock. StockNews.com downgraded shares of VSE from a hold rating to a sell rating in a research report on Friday, January 26th. Truist Financial increased 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. One analyst has rated the stock with a sell rating and four have given a buy rating to the company’s stock. According to MarketBeat, VSE currently has a consensus rating of Moderate Buy and a consensus target price of $78.25.

VSE Stock Up 0.8 %

Shares of NASDAQ:VSEC opened at $75.68 on Tuesday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.95 and a current ratio of 2.70. The company has a market cap of $1.19 billion, a PE ratio of 31.53 and a beta of 1.67. VSE has a 52 week low of $41.17 and a 52 week high of $83.00. The firm has a 50 day simple moving average of $75.62 and a 200 day simple moving average of $65.17.

VSE Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 16th. Stockholders of record on Thursday, May 2nd will be issued a dividend of $0.10 per share. The ex-dividend date is Wednesday, May 1st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.53%. VSE’s dividend payout ratio is currently 16.67%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. First Eagle Investment Management LLC lifted its holdings in VSE by 26.4% during the 3rd quarter. First Eagle Investment Management LLC now owns 123,573 shares of the construction company’s stock valued at $6,233,000 after purchasing an additional 25,814 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in VSE by 25.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 99,782 shares of the construction company’s stock valued at $5,033,000 after purchasing an additional 19,955 shares during the period. Boston Partners grew its holdings in VSE by 97.8% during the third quarter. Boston Partners now owns 15,522 shares of the construction company’s stock valued at $783,000 after purchasing an additional 7,674 shares during the period. Jennison Associates LLC acquired a new position in VSE during the third quarter valued at approximately $22,203,000. Finally, Janney Montgomery Scott LLC grew its holdings in VSE by 48.8% during the third quarter. Janney Montgomery Scott LLC now owns 24,352 shares of the construction company’s stock valued at $1,228,000 after purchasing an additional 7,985 shares during the period. 91.54% of the stock is currently owned by institutional investors and hedge funds.

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.