Russell Investments Group Ltd. Purchases 8,471 Shares of VSE Co. (NASDAQ:VSEC)

Russell Investments Group Ltd. boosted its position in shares of VSE Co. (NASDAQ:VSEC) by 11.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 80,644 shares of the construction company’s stock after purchasing an additional 8,471 shares during the quarter. Russell Investments Group Ltd.’s holdings in VSE were worth $5,210,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Simplex Trading LLC acquired a new position in VSE during the 4th quarter worth approximately $199,000. Bfsg LLC acquired a new position in VSE during the fourth quarter worth $41,000. Jennison Associates LLC grew its position in VSE by 12.7% in the fourth quarter. Jennison Associates LLC now owns 495,902 shares of the construction company’s stock valued at $32,040,000 after purchasing an additional 55,714 shares in the last quarter. RIA Advisory Group LLC bought a new position in VSE in the fourth quarter valued at $923,000. Finally, Calamos Advisors LLC acquired a new stake in VSE in the 4th quarter valued at $1,058,000. Institutional investors own 91.54% of the company’s stock.

VSE Trading Down 5.3 %

VSE stock opened at $80.68 on Friday. The stock has a 50-day simple moving average of $78.19 and a 200 day simple moving average of $67.64. The stock has a market capitalization of $1.27 billion, a P/E ratio of 33.62 and a beta of 1.68. 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 Co. has a 52 week low of $45.76 and a 52 week high of $86.26.

VSE Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 16th. Stockholders of record on Thursday, May 2nd will be paid a dividend of $0.10 per share. The ex-dividend date is Wednesday, May 1st. This represents a $0.40 annualized dividend and a dividend yield of 0.50%. VSE’s dividend payout ratio is currently 16.67%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Benchmark restated a “buy” rating and issued a $85.00 price objective on shares of VSE in a report on Tuesday, April 16th. StockNews.com cut VSE from a “hold” rating to a “sell” rating in a research note on Friday, January 26th. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $78.25.

VSE 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.