VSE Corporation (VSEC) Downgraded by ValuEngine to “Buy”

ValuEngine downgraded shares of VSE Corporation (NASDAQ:VSEC) from a strong-buy rating to a buy rating in a report released on Tuesday morning.

Several other equities research analysts have also commented on the stock. BidaskClub lowered shares of VSE Corporation from a hold rating to a sell rating in a research note on Monday, July 31st. TheStreet upgraded shares of VSE Corporation from a c+ rating to a b rating in a research note on Monday, July 31st.

Shares of VSE Corporation (NASDAQ:VSEC) traded up $0.65 on Tuesday, hitting $46.30. 21,900 shares of the stock were exchanged, compared to its average volume of 30,814. VSE Corporation has a fifty-two week low of $34.98 and a fifty-two week high of $59.90. The firm has a market cap of $494.76, a price-to-earnings ratio of 17.16 and a beta of 1.77. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.91 and a quick ratio of 0.80.

VSE Corporation (NASDAQ:VSEC) last announced its quarterly earnings results on Thursday, October 26th. The construction company reported $0.61 EPS for the quarter. VSE Corporation had a net margin of 3.71% and a return on equity of 10.85%. The firm had revenue of $174.16 million for the quarter.

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The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 22nd. Investors of record on Wednesday, November 8th will be paid a dividend of $0.07 per share. The ex-dividend date is Tuesday, November 7th. This represents a $0.28 annualized dividend and a yield of 0.60%. VSE Corporation’s dividend payout ratio is currently 10.53%.

Large investors have recently made changes to their positions in the stock. Eaton Vance Management acquired a new stake in VSE Corporation during the 2nd quarter worth $540,000. Seizert Capital Partners LLC raised its stake in VSE Corporation by 77.5% during the 2nd quarter. Seizert Capital Partners LLC now owns 106,070 shares of the construction company’s stock worth $4,771,000 after acquiring an additional 46,325 shares in the last quarter. Nationwide Fund Advisors raised its stake in VSE Corporation by 16.7% during the 2nd quarter. Nationwide Fund Advisors now owns 33,490 shares of the construction company’s stock worth $1,506,000 after acquiring an additional 4,800 shares in the last quarter. Finally, EAM Investors LLC acquired a new stake in VSE Corporation during the 3rd quarter worth $2,060,000. Hedge funds and other institutional investors own 65.83% of the company’s stock.

About VSE Corporation

VSE Corporation is a services and supply chain management company. The Company’s segments include Supply Chain Management Group, Aviation Group, Federal Services Group, and IT, Energy and Management Consulting Group. The Company provides logistics and distribution services for legacy systems and equipment and professional and technical services to the United States Government, including the United States Department of Defense (DoD), the United States Postal Service (USPS), federal civilian agencies, and commercial and other customers.

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