Deutsche Bank AG Lowers Position in VSE Corporation $VSEC

Deutsche Bank AG decreased its holdings in shares of VSE Corporation (NASDAQ:VSEC) by 4.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,359 shares of the construction company’s stock after selling 604 shares during the quarter. Deutsche Bank AG owned 0.06% of VSE worth $1,483,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of VSEC. Amalgamated Bank raised its stake in VSE by 36.5% in the first quarter. Amalgamated Bank now owns 610 shares of the construction company’s stock valued at $73,000 after purchasing an additional 163 shares in the last quarter. US Bancorp DE grew its stake in VSE by 8.5% in the 1st quarter. US Bancorp DE now owns 3,278 shares of the construction company’s stock worth $393,000 after buying an additional 257 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in shares of VSE by 21.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,449 shares of the construction company’s stock worth $138,000 after buying an additional 258 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of VSE by 3.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 7,711 shares of the construction company’s stock worth $925,000 after buying an additional 267 shares during the last quarter. Finally, LPL Financial LLC raised its position in shares of VSE by 13.8% during the 4th quarter. LPL Financial LLC now owns 3,223 shares of the construction company’s stock valued at $307,000 after buying an additional 391 shares in the last quarter. 91.54% of the stock is currently owned by institutional investors.

VSE Stock Up 2.5%

Shares of NASDAQ:VSEC opened at $167.00 on Friday. The stock has a market capitalization of $3.45 billion, a P/E ratio of 149.11 and a beta of 1.33. The stock’s 50-day moving average price is $141.35 and its 200-day moving average price is $125.86. The company has a current ratio of 3.73, a quick ratio of 1.44 and a debt-to-equity ratio of 0.38. VSE Corporation has a 12-month low of $80.60 and a 12-month high of $169.00.

VSE (NASDAQ:VSEC) last issued its earnings results on Wednesday, July 30th. The construction company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.28. VSE had a return on equity of 7.25% and a net margin of 1.94%.The company had revenue of $272.14 million during the quarter, compared to analysts’ expectations of $267.39 million. During the same period in the prior year, the business posted $0.47 EPS. VSE’s quarterly revenue was up 41.1% compared to the same quarter last year. VSE has set its FY 2025 guidance at EPS. On average, equities analysts anticipate that VSE Corporation will post 2.96 earnings per share for the current year.

VSE Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 29th. Stockholders of record on Wednesday, October 15th will be issued a $0.10 dividend. The ex-dividend date is Wednesday, October 15th. This represents a $0.40 annualized dividend and a dividend yield of 0.2%. VSE’s dividend payout ratio (DPR) is currently 35.71%.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. B. Riley upped their target price on shares of VSE from $145.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, May 8th. Truist Financial lifted their price target on VSE from $130.00 to $140.00 and gave the stock a “buy” rating in a research note on Thursday, May 8th. Finally, Royal Bank Of Canada upped their price objective on VSE from $150.00 to $180.00 and gave the stock an “outperform” rating in a report on Friday, August 1st. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $145.00.

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.