Jefferies Financial Group began coverage on shares of VSE (NASDAQ:VSEC – Free Report) 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.
Read Our Latest Stock Report on VSE
VSE Stock Performance
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.
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