Stephens Investment Management Group LLC Increases Stock Position in VSE Co. (NASDAQ:VSEC)

Stephens Investment Management Group LLC increased its position in shares of VSE Co. (NASDAQ:VSEC) by 7.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 182,673 shares of the construction company’s stock after buying an additional 12,592 shares during the period. Stephens Investment Management Group LLC’s holdings in VSE were worth $17,372,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in VSEC. Calamos Advisors LLC increased its position in shares of VSE by 72.7% during the fourth quarter. Calamos Advisors LLC now owns 6,024 shares of the construction company’s stock worth $573,000 after acquiring an additional 2,535 shares during the last quarter. Jennison Associates LLC grew its stake in VSE by 12.7% during the 4th quarter. Jennison Associates LLC now owns 928,617 shares of the construction company’s stock valued at $88,311,000 after purchasing an additional 104,868 shares in the last quarter. KFA Private Wealth Group LLC purchased a new stake in VSE during the 4th quarter worth approximately $209,000. SG Americas Securities LLC acquired a new position in shares of VSE in the 4th quarter valued at approximately $493,000. Finally, Hennessy Advisors Inc. boosted its stake in shares of VSE by 6.8% during the 4th quarter. Hennessy Advisors Inc. now owns 127,946 shares of the construction company’s stock valued at $12,168,000 after buying an additional 8,200 shares during the last quarter. Institutional investors and hedge funds own 91.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on VSEC. StockNews.com upgraded shares of VSE to a “sell” rating in a research note on Tuesday, January 28th. B. Riley boosted their target price on shares of VSE from $120.00 to $132.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Jefferies Financial Group upped their target price on shares of VSE from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, October 17th. Truist Financial decreased their price target on VSE from $133.00 to $129.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. Finally, Royal Bank of Canada increased their target price on VSE from $125.00 to $135.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. One investment analyst has rated the stock with a sell rating and six have given a buy rating to the company. According to data from MarketBeat.com, VSE has a consensus rating of “Moderate Buy” and an average price target of $117.83.

VSE Price Performance

VSEC opened at $105.68 on Monday. 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 company’s 50-day moving average price is $102.92 and its 200 day moving average price is $97.91. VSE Co. has a fifty-two week low of $65.29 and a fifty-two week high of $123.92. The firm has a market cap of $2.16 billion, a price-to-earnings ratio of 19.14 and a beta of 1.61.

VSE Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, February 6th. Investors of record on Thursday, January 23rd were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.38%. The ex-dividend date was Thursday, January 23rd. VSE’s dividend payout ratio (DPR) is 7.25%.

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.