VSE Co. (VSEC) Director Bonnie K. Wachtel Sells 400 Shares

VSE Co. (NASDAQ:VSEC) Director Bonnie K. Wachtel sold 400 shares of the company’s stock in a transaction dated Thursday, December 6th. The stock was sold at an average price of $32.00, for a total transaction of $12,800.00. Following the sale, the director now directly owns 124,552 shares of the company’s stock, valued at approximately $3,985,664. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

NASDAQ VSEC traded down $0.77 during trading on Friday, hitting $31.18. 34,967 shares of the company’s stock were exchanged, compared to its average volume of 20,928. The company has a current ratio of 2.87, a quick ratio of 1.12 and a debt-to-equity ratio of 0.58. The company has a market cap of $347.65 million, a price-to-earnings ratio of 10.69 and a beta of 1.57. VSE Co. has a fifty-two week low of $26.95 and a fifty-two week high of $56.03.

VSE (NASDAQ:VSEC) last issued its earnings results on Tuesday, October 30th. The construction company reported $0.92 EPS for the quarter. The firm had revenue of $168.93 million during the quarter. VSE had a return on equity of 10.61% and a net margin of 6.07%.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Marshall Wace LLP acquired a new position in VSE during the third quarter worth about $264,000. Vanguard Group Inc. increased its stake in shares of VSE by 0.8% in the third quarter. Vanguard Group Inc. now owns 474,713 shares of the construction company’s stock valued at $15,728,000 after buying an additional 3,953 shares during the period. AQR Capital Management LLC increased its stake in shares of VSE by 12.0% in the third quarter. AQR Capital Management LLC now owns 31,818 shares of the construction company’s stock valued at $1,054,000 after buying an additional 3,420 shares during the period. Willis Investment Counsel increased its stake in shares of VSE by 36.8% in the third quarter. Willis Investment Counsel now owns 63,764 shares of the construction company’s stock valued at $2,113,000 after buying an additional 17,165 shares during the period. Finally, MetLife Investment Advisors LLC increased its stake in shares of VSE by 60.1% in the third quarter. MetLife Investment Advisors LLC now owns 6,708 shares of the construction company’s stock valued at $222,000 after buying an additional 2,518 shares during the period. 73.32% of the stock is owned by hedge funds and other institutional investors.

VSEC has been the subject of several research analyst reports. TheStreet downgraded VSE from a “b-” rating to a “c+” rating in a research note on Friday, October 19th. BidaskClub downgraded VSE from a “sell” rating to a “strong sell” rating in a research note on Wednesday, November 28th.

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About VSE

VSE Corporation operates as a diversified services and supply company in the United States. The company operates through three segments: Supply Chain Management Group, Aviation Group, and Federal Services Group. The Supply Chain Management Group segment offers sourcing, acquisition, scheduling, transportation, shipping, logistics, data management, and other services to assist its clients with supply chain management.

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