Bonnie K. Wachtel Sells 3,400 Shares of VSE Corp. (VSEC) Stock
VSE Corp. (NASDAQ:VSEC) Director Bonnie K. Wachtel sold 3,400 shares of the business’s stock in a transaction dated Friday, November 11th. The shares were sold at an average price of $32.90, for a total transaction of $111,860.00. Following the completion of the transaction, the director now owns 63,276 shares in the company, valued at $2,081,780.40. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
VSE Corp. (NASDAQ:VSEC) opened at 37.38 on Wednesday. The firm has a 50-day moving average of $32.07 and a 200 day moving average of $33.43. The firm has a market capitalization of $403.63 million, a price-to-earnings ratio of 14.78 and a beta of 1.21. VSE Corp. has a 12-month low of $26.16 and a 12-month high of $39.06.
VSE Corp. (NASDAQ:VSEC) last announced its quarterly earnings data on Wednesday, October 26th. The company reported $0.65 EPS for the quarter. VSE Corp. had a net margin of 4.40% and a return on equity of 11.44%. The firm earned $172.80 million during the quarter. On average, equities analysts predict that VSE Corp. will post $4.35 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 23rd. Investors of record on Wednesday, November 9th will be paid a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.64%. The ex-dividend date is Monday, November 7th. VSE Corp.’s dividend payout ratio (DPR) is 10.69%.
About VSE Corp.
VSE Corporation is a services and supply 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 Postal Service (USPS), the United States Department of Defense (DoD), federal civilian agencies, and to commercial and other customers.
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