3,800 Shares in VSE Corporation $VSEC Bought by Handelsbanken Fonder AB

Handelsbanken Fonder AB purchased a new stake in shares of VSE Corporation (NASDAQ:VSEC) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 3,800 shares of the construction company’s stock, valued at approximately $498,000.

A number of other hedge funds have also recently modified their holdings of the company. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in shares of VSE during the second quarter worth about $28,000. Cetera Investment Advisers purchased a new position in VSE during the 1st quarter valued at about $202,000. AQR Capital Management LLC bought a new position in VSE during the 1st quarter valued at approximately $247,000. HighTower Advisors LLC purchased a new stake in VSE in the 1st quarter worth approximately $268,000. Finally, Aigen Investment Management LP bought a new stake in shares of VSE in the 1st quarter worth approximately $275,000. Hedge funds and other institutional investors own 91.54% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on VSEC shares. Deutsche Bank Aktiengesellschaft began coverage on VSE in a research note on Friday, October 17th. They issued a “buy” rating and a $195.00 price target for the company. Royal Bank Of Canada raised their target price on shares of VSE from $180.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 29th. B. Riley boosted their price target on shares of VSE from $185.00 to $198.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Stifel Nicolaus assumed coverage on shares of VSE in a research note on Tuesday, September 16th. They issued a “buy” rating and a $199.00 price target for the company. Finally, Weiss Ratings restated a “hold (c)” rating on shares of VSE in a report on Monday, November 24th. Six investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $197.17.

VSE Trading Down 0.3%

Shares of NASDAQ VSEC opened at $180.16 on Friday. VSE Corporation has a 1 year low of $88.69 and a 1 year high of $186.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.94 and a quick ratio of 1.44. The firm has a 50-day moving average of $169.79 and a 200 day moving average of $153.11. The stock has a market cap of $4.15 billion, a P/E ratio of 264.94, a price-to-earnings-growth ratio of 2.67 and a beta of 1.39.

VSE (NASDAQ:VSEC) last announced its quarterly earnings data on Monday, October 27th. The construction company reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.15. VSE had a net margin of 1.23% and a return on equity of 7.64%. The business had revenue of $282.91 million for the quarter, compared to analysts’ expectations of $276.48 million. The company’s revenue for the quarter was up 38.9% on a year-over-year basis. VSE has set its FY 2025 guidance at EPS. As a group, sell-side analysts expect that VSE Corporation will post 2.96 EPS for the current fiscal year.

VSE Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 29th. Shareholders of record on Thursday, January 15th will be paid a dividend of $0.10 per share. The ex-dividend date is Thursday, January 15th. This represents a $0.40 dividend on an annualized basis and a yield of 0.2%. VSE’s payout ratio is presently 58.82%.

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.