Quantbot Technologies LP Invests $47,000 in VSE Co. (NASDAQ:VSEC)

Quantbot Technologies LP purchased a new position in VSE Co. (NASDAQ:VSEC) during the fourth quarter, HoldingsChannel reports. The firm purchased 499 shares of the construction company’s stock, valued at approximately $47,000.

Several other institutional investors also recently bought and sold shares of VSEC. BNP Paribas Financial Markets raised its holdings in VSE by 4.2% in the third quarter. BNP Paribas Financial Markets now owns 3,310 shares of the construction company’s stock worth $274,000 after buying an additional 134 shares during the last quarter. US Bancorp DE increased its position in shares of VSE by 16.8% during the fourth quarter. US Bancorp DE now owns 3,021 shares of the construction company’s stock valued at $287,000 after acquiring an additional 435 shares in the last quarter. Swiss National Bank raised its holdings in VSE by 1.6% in the 4th quarter. Swiss National Bank now owns 32,678 shares of the construction company’s stock worth $3,108,000 after acquiring an additional 500 shares during the last quarter. Keybank National Association OH lifted its position in VSE by 9.4% in the 4th quarter. Keybank National Association OH now owns 6,099 shares of the construction company’s stock valued at $580,000 after acquiring an additional 525 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of VSE by 17.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,021 shares of the construction company’s stock worth $581,000 after purchasing an additional 1,058 shares in the last quarter. 91.54% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

VSEC has been the topic of a number of research analyst reports. StockNews.com raised VSE to a “sell” rating in a report on Thursday, March 6th. Royal Bank of Canada upped their target price on shares of VSE from $125.00 to $135.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. Finally, Truist Financial raised their price target on shares of VSE from $129.00 to $134.00 and gave the company a “buy” rating in a report on Tuesday, March 4th. One investment analyst has rated the stock with a sell rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $118.67.

VSE Stock Up 1.5 %

VSEC stock opened at $121.83 on Wednesday. The company has a market cap of $2.52 billion, a price-to-earnings ratio of 146.78 and a beta of 1.62. 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 business’s 50-day moving average is $109.97 and its two-hundred day moving average is $104.48. VSE Co. has a fifty-two week low of $73.36 and a fifty-two week high of $128.72.

VSE (NASDAQ:VSEC) last posted its quarterly earnings data on Wednesday, February 26th. The construction company reported $0.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.73 by $0.17. The company had revenue of $299.02 million for the quarter, compared to the consensus estimate of $289.97 million. VSE had a net margin of 1.36% and a return on equity of 7.26%. As a group, analysts forecast that VSE Co. will post 2.96 earnings per share for the current year.

VSE Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.33%. The ex-dividend date is Thursday, May 1st. VSE’s payout ratio is 48.19%.

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.