627 Shares in VSE Co. (NASDAQ:VSEC) Bought by Bfsg LLC

Bfsg LLC acquired a new position in shares of VSE Co. (NASDAQ:VSEC) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 627 shares of the construction company’s stock, valued at approximately $41,000.

Several other large investors have also modified their holdings of VSEC. SG Americas Securities LLC bought a new stake in shares of VSE during the 3rd quarter worth $294,000. Bank of New York Mellon Corp boosted its holdings in shares of VSE by 9.4% during the 3rd quarter. Bank of New York Mellon Corp now owns 89,374 shares of the construction company’s stock worth $4,508,000 after buying an additional 7,659 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in VSE in the 3rd quarter valued at $135,000. Roubaix Capital LLC boosted its holdings in VSE by 17.2% in the 3rd quarter. Roubaix Capital LLC now owns 91,443 shares of the construction company’s stock valued at $4,612,000 after purchasing an additional 13,436 shares during the period. Finally, TD Asset Management Inc bought a new stake in VSE in the 3rd quarter valued at $1,609,000. 91.54% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Truist Financial increased their price target on shares of VSE from $77.00 to $86.00 and gave the company a “buy” rating in a report on Wednesday, January 10th. StockNews.com downgraded shares of VSE from a “hold” rating to a “sell” rating in a report on Friday, January 26th. Finally, Benchmark reissued a “buy” rating and issued a $85.00 price target on shares of VSE in a report on Tuesday, April 16th. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $78.25.

VSE Price Performance

NASDAQ:VSEC opened at $76.88 on Friday. The company has a 50-day moving average of $76.19 and a 200-day moving average of $65.79. The company has a market capitalization of $1.21 billion, a price-to-earnings ratio of 32.03 and a beta of 1.67. VSE Co. has a 52 week low of $41.17 and a 52 week high of $83.00. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.95 and a current ratio of 2.70.

VSE Announces Dividend

The firm also recently disclosed 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. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date of this dividend is Wednesday, May 1st. VSE’s payout ratio is 16.67%.

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.