VSE (NASDAQ:VSEC) Now Covered by Analysts at Jefferies Financial Group

Jefferies Financial Group began coverage on shares of VSE (NASDAQ:VSEC) in a research note issued to investors on Wednesday, MarketBeat.com reports. The brokerage issued a buy rating and a $100.00 price target on the construction company’s stock.

Several other analysts also recently issued reports on the company. Royal Bank of Canada reissued an outperform rating and issued a $100.00 price target on shares of VSE in a report on Thursday, August 1st. Truist Financial lifted their price target on VSE from $92.00 to $97.00 and gave the company a buy rating in a research report on Wednesday, July 17th. B. Riley lifted their price target on VSE from $91.00 to $101.00 and gave the company a buy rating in a research report on Friday, May 10th. Benchmark restated a buy rating and issued a $100.00 target price on shares of VSE in a report on Friday, August 2nd. Finally, Stifel Nicolaus assumed coverage on VSE in a research report on Friday, June 28th. They issued a buy rating and a $101.00 target price for the company. One equities research analyst has rated the stock with a sell rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of Moderate Buy and a consensus target price of $99.83.

VSE Stock Performance

NASDAQ:VSEC traded up $0.40 during trading hours on Wednesday, reaching $89.04. 7,986 shares of the stock were exchanged, compared to its average volume of 133,357. 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 50 day simple moving average of $86.16 and a 200-day simple moving average of $79.29. VSE has a 52 week low of $48.47 and a 52 week high of $94.10. The stock has a market capitalization of $1.42 billion, a P/E ratio of 19.07 and a beta of 1.59.

VSE Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 20th. Investors of record on Wednesday, November 6th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, November 6th. This represents a $0.40 dividend on an annualized basis and a yield of 0.45%. VSE’s payout ratio is 8.68%.

Institutional Trading of VSE

A number of institutional investors have recently bought and sold shares of VSEC. Bfsg LLC acquired a new stake in VSE during the fourth quarter valued at $41,000. Innealta Capital LLC acquired a new stake in shares of VSE in the second quarter worth about $42,000. AJOVista LLC acquired a new stake in shares of VSE in the fourth quarter worth about $75,000. Simplex Trading LLC acquired a new stake in shares of VSE in the fourth quarter worth about $199,000. Finally, Park Avenue Securities LLC acquired a new stake in shares of VSE in the first quarter worth about $221,000. Institutional investors and hedge funds 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.