VSE (NASDAQ:VSEC – Free Report) had its price target lifted by Benchmark from $70.00 to $85.00 in a research report report published on Friday, Benzinga reports. The firm currently has a buy rating on the construction company’s stock.
Other research analysts have also issued reports about the stock. Royal Bank of Canada increased their target price on shares of VSE from $65.00 to $70.00 and gave the stock an outperform rating in a research note on Friday, November 3rd. StockNews.com initiated coverage on VSE in a research note on Thursday, October 5th. They issued a sell rating for the company. B. Riley upped their price target on VSE from $70.00 to $72.00 and gave the stock a buy rating in a research note on Friday, July 21st. Finally, Truist Financial increased their price target on VSE from $67.00 to $77.00 and gave the stock a buy rating in a report on Wednesday, November 15th. One analyst has rated the stock with a sell rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of Moderate Buy and an average price target of $72.40.
VSE Price Performance
VSE Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, November 15th. Shareholders of record on Wednesday, November 1st were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, October 31st. This represents a $0.40 dividend on an annualized basis and a yield of 0.64%. VSE’s dividend payout ratio (DPR) is currently 16.67%.
Institutional Trading of VSE
Several institutional investors and hedge funds have recently modified their holdings of the stock. Captrust Financial Advisors grew its holdings in VSE by 789.2% during the second quarter. Captrust Financial Advisors now owns 658 shares of the construction company’s stock worth $25,000 after buying an additional 584 shares in the last quarter. Financial Management Professionals Inc. bought a new stake in shares of VSE in the 2nd quarter worth $27,000. Tower Research Capital LLC TRC raised its holdings in shares of VSE by 333.9% in the third quarter. Tower Research Capital LLC TRC now owns 794 shares of the construction company’s stock valued at $40,000 after purchasing an additional 611 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new position in shares of VSE during the second quarter valued at about $60,000. Finally, Glass Jacobson Investment Advisors llc bought a new position in shares of VSE during the second quarter valued at about $60,000. 69.36% of the stock is owned by hedge funds and other institutional investors.
VSE Corporation operates as a diversified aftermarket products and services company in the United States. The company operates through three segments: Aviation, Fleet, and Federal and Defense. The Aviation segment provides international parts supply and distribution, supply chain solutions, and component and engine accessory maintenance, repair, and overhaul (MRO) services.
- Five stocks we like better than VSE
- Breakout Stocks: What They Are and How to Identify Them
- The most upgraded stocks in November have two things in common
- Overbought Stocks Explained: Should You Trade Them?
- Monday.com rocked earnings like it’s the weekend
- How to Invest in Grocery Stores
- Plan to own one retailer? Make it this one
Receive News & Ratings for VSE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VSE and related companies with MarketBeat.com's FREE daily email newsletter.