Kevin T. Boyle Purchases 1,000 Shares of Vectrus, Inc. (NYSE:VEC) Stock

Vectrus, Inc. (NYSE:VECGet Rating) SVP Kevin T. Boyle acquired 1,000 shares of Vectrus stock in a transaction dated Monday, May 16th. The shares were purchased at an average price of $34.38 per share, with a total value of $34,380.00. Following the acquisition, the senior vice president now owns 10,332 shares of the company’s stock, valued at $355,214.16. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Shares of VEC stock opened at $34.08 on Friday. Vectrus, Inc. has a 1 year low of $32.19 and a 1 year high of $55.24. The stock has a market cap of $403.06 million, a P/E ratio of 11.03 and a beta of 1.12. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.31. The stock has a 50 day simple moving average of $36.67 and a 200 day simple moving average of $42.36.

Vectrus (NYSE:VECGet Rating) last announced its quarterly earnings data on Monday, March 7th. The business services provider reported $0.90 EPS for the quarter, missing the consensus estimate of $1.13 by ($0.23). Vectrus had a net margin of 2.02% and a return on equity of 15.76%. The firm had revenue of $419.41 million for the quarter, compared to analyst estimates of $415.00 million. Analysts forecast that Vectrus, Inc. will post 4.71 EPS for the current year.

A number of equities research analysts have recently issued reports on the company. Stifel Nicolaus assumed coverage on Vectrus in a report on Thursday, March 17th. They set a “hold” rating and a $42.00 price objective for the company. TheStreet cut Vectrus from a “b-” rating to a “c+” rating in a report on Monday, April 4th. Zacks Investment Research cut Vectrus from a “hold” rating to a “strong sell” rating in a research note on Saturday, March 12th. Truist Financial assumed coverage on Vectrus in a research note on Friday, April 1st. They issued a “buy” rating and a $65.00 price target for the company. Finally, StockNews.com assumed coverage on Vectrus in a research note on Thursday, March 31st. They issued a “hold” rating for the company. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $56.50.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Quantbot Technologies LP raised its position in Vectrus by 675.0% during the first quarter. Quantbot Technologies LP now owns 3,379 shares of the business services provider’s stock valued at $121,000 after purchasing an additional 2,943 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Vectrus by 3.8% during the first quarter. Goldman Sachs Group Inc. now owns 225,633 shares of the business services provider’s stock worth $8,092,000 after buying an additional 8,184 shares in the last quarter. State Street Corp increased its holdings in shares of Vectrus by 23.0% during the first quarter. State Street Corp now owns 533,596 shares of the business services provider’s stock worth $19,135,000 after buying an additional 99,606 shares in the last quarter. Engineers Gate Manager LP acquired a new position in shares of Vectrus during the first quarter worth $1,020,000. Finally, Invesco Ltd. increased its holdings in shares of Vectrus by 20.2% during the first quarter. Invesco Ltd. now owns 64,421 shares of the business services provider’s stock worth $2,310,000 after buying an additional 10,810 shares in the last quarter. Institutional investors and hedge funds own 93.51% of the company’s stock.

Vectrus Company Profile (Get Rating)

Vectrus, Inc provides facility and base operations, supply chain and logistics, information technology mission support, and engineering and digital integration services. It offers facility and base operations services, such as facilities operations and maintenance, security, base life support, facilities engineering and management, airfield management, civil engineering, public works, transportation operations, and emergency services.

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