Wisconsin Capital Management LLC Has $2.90 Million Stock Position in VSE Co. (NASDAQ:VSEC)

Wisconsin Capital Management LLC reduced its position in VSE Co. (NASDAQ:VSEC) by 1.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 44,800 shares of the construction company’s stock after selling 800 shares during the quarter. VSE makes up about 1.7% of Wisconsin Capital Management LLC’s investment portfolio, making the stock its 27th largest holding. Wisconsin Capital Management LLC’s holdings in VSE were worth $2,895,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Bfsg LLC acquired a new stake in shares of VSE in the 4th quarter valued at $41,000. Jennison Associates LLC boosted its stake in shares of VSE by 12.7% during the 4th quarter. Jennison Associates LLC now owns 495,902 shares of the construction company’s stock worth $32,040,000 after acquiring an additional 55,714 shares in the last quarter. RIA Advisory Group LLC acquired a new position in shares of VSE during the 4th quarter valued at about $923,000. Calamos Advisors LLC bought a new position in shares of VSE in the 4th quarter valued at approximately $1,058,000. Finally, Arizona State Retirement System acquired a new stake in VSE in the 4th quarter worth approximately $242,000. 91.54% of the stock is owned by hedge funds and other institutional investors.

VSE Stock Performance

Shares of VSEC traded down $1.73 during mid-day trading on Thursday, hitting $76.88. The company’s stock had a trading volume of 62,807 shares, compared to its average volume of 87,266. VSE Co. has a one year low of $41.17 and a one year high of $83.00. The stock’s 50-day moving average is $76.19 and its two-hundred day moving average is $65.79. The firm has a market capitalization of $1.21 billion, a PE ratio of 31.93 and a beta of 1.67. 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 Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 16th. Stockholders of record on Thursday, May 2nd will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $0.40 annualized dividend and a dividend yield of 0.52%. VSE’s payout ratio is 16.67%.

Analyst Ratings Changes

VSEC has been the topic of several analyst reports. Truist Financial increased their price target on VSE from $77.00 to $86.00 and gave the company a “buy” rating in a report on Wednesday, January 10th. StockNews.com downgraded shares of VSE from a “hold” rating to a “sell” rating in a report on Friday, January 26th. Finally, Benchmark restated a “buy” rating and set a $85.00 price target on shares of VSE in a report on Tuesday, April 16th. One research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, VSE has an average rating of “Moderate Buy” and an average 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.