Brokerages Set VSE Co. (NASDAQ:VSEC) PT at $117.83

VSE Co. (NASDAQ:VSEC) has received an average recommendation of “Buy” from the six analysts that are currently covering the company, Marketbeat reports. Six analysts have rated the stock with a buy rating. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $117.83.

A number of equities analysts have recently weighed in on the stock. Royal Bank of Canada lifted their price target on shares of VSE from $125.00 to $135.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. B. Riley lifted their target price on VSE from $120.00 to $132.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. StockNews.com upgraded VSE to a “sell” rating in a report on Wednesday. Jefferies Financial Group lifted their price objective on VSE from $100.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, October 17th. Finally, Truist Financial decreased their price objective on VSE from $133.00 to $129.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. BNP Paribas Financial Markets raised its position in VSE by 4.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,310 shares of the construction company’s stock valued at $274,000 after buying an additional 134 shares during the last quarter. Corebridge Financial Inc. grew its stake in shares of VSE by 3.0% during the 4th quarter. Corebridge Financial Inc. now owns 8,753 shares of the construction company’s stock worth $832,000 after acquiring an additional 258 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of VSE by 6.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 5,250 shares of the construction company’s stock worth $463,000 after acquiring an additional 320 shares in the last quarter. LPL Financial LLC raised its holdings in shares of VSE by 13.8% in the fourth quarter. LPL Financial LLC now owns 3,223 shares of the construction company’s stock valued at $307,000 after purchasing an additional 391 shares during the last quarter. Finally, US Bancorp DE lifted its position in shares of VSE by 16.8% in the fourth quarter. US Bancorp DE now owns 3,021 shares of the construction company’s stock worth $287,000 after purchasing an additional 435 shares in the last quarter. 91.54% of the stock is owned by institutional investors and hedge funds.

VSE Stock Performance

Shares of NASDAQ VSEC opened at $100.90 on Friday. VSE has a 52-week low of $65.33 and a 52-week high of $123.92. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.15 and a current ratio of 3.69. The firm has a 50 day moving average price of $102.24 and a 200 day moving average price of $98.15.

VSE Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 6th. Shareholders of record on Thursday, January 23rd were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.40%. The ex-dividend date was Thursday, January 23rd.

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.