VSE (NASDAQ:VSEC) Stock Rating Upgraded by StockNews.com

VSE (NASDAQ:VSEC) was upgraded by research analysts at StockNews.com to a “sell” rating in a note issued to investors on Thursday.

Other equities research analysts have also recently issued reports about the stock. Benchmark reiterated a “buy” rating and set a $100.00 price target on shares of VSE in a research report on Friday, August 2nd. B. Riley boosted their target price on VSE from $120.00 to $132.00 and gave the company a “buy” rating in a research report on Thursday. Truist Financial raised their price target on VSE from $115.00 to $133.00 and gave the stock a “buy” rating in a research report on Thursday. Jefferies Financial Group boosted 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, Royal Bank of Canada raised their target price on VSE from $120.00 to $125.00 and gave the company an “outperform” rating in a report on Thursday. One research analyst has rated the stock with a sell rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $116.83.

VSE Stock Performance

Shares of VSE stock opened at $117.80 on Thursday. The business’s fifty day simple moving average is $93.09 and its 200-day simple moving average is $87.36. The company has a quick ratio of 1.17, a current ratio of 3.53 and a debt-to-equity ratio of 0.55. The firm has a market cap of $2.17 billion, a PE ratio of 35.84 and a beta of 1.56. VSE has a 52 week low of $57.10 and a 52 week high of $118.94.

Insider Activity

In related news, major shareholder Calvin Scott Koonce sold 9,300 shares of the business’s stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $89.90, for a total transaction of $836,070.00. Following the completion of the transaction, the insider now directly owns 492,284 shares of the company’s stock, valued at $44,256,331.60. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 14.60% of the company’s stock.

Hedge Funds Weigh In On VSE

Several hedge funds and other institutional investors have recently made changes to their positions in VSEC. Innealta Capital LLC acquired a new stake in VSE in the second quarter valued at approximately $42,000. US Bancorp DE increased its position in shares of VSE by 1,180.2% in the 3rd quarter. US Bancorp DE now owns 2,586 shares of the construction company’s stock valued at $214,000 after purchasing an additional 2,384 shares during the last quarter. Archer Investment Corp acquired a new stake in shares of VSE in the 2nd quarter valued at $247,000. Park Avenue Securities LLC lifted its position in shares of VSE by 13.8% during the 3rd quarter. Park Avenue Securities LLC now owns 3,818 shares of the construction company’s stock worth $316,000 after purchasing an additional 464 shares during the last quarter. Finally, Arizona State Retirement System grew its stake in shares of VSE by 22.9% during the second quarter. Arizona State Retirement System now owns 4,521 shares of the construction company’s stock worth $399,000 after purchasing an additional 842 shares in the last quarter. Hedge funds and other institutional investors own 91.54% of the company’s stock.

VSE Company 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.