EAM Investors LLC Buys New Stake in VSE Corporation (VSEC)
EAM Investors LLC bought a new stake in VSE Corporation (NASDAQ:VSEC) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 36,231 shares of the construction company’s stock, valued at approximately $2,060,000. EAM Investors LLC owned 0.33% of VSE Corporation as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in VSEC. Seizert Capital Partners LLC raised its position in VSE Corporation by 77.5% in the second quarter. Seizert Capital Partners LLC now owns 106,070 shares of the construction company’s stock valued at $4,771,000 after purchasing an additional 46,325 shares during the period. Eaton Vance Management purchased a new stake in VSE Corporation in the second quarter valued at approximately $540,000. Finally, Nationwide Fund Advisors raised its position in VSE Corporation by 16.7% in the second quarter. Nationwide Fund Advisors now owns 33,490 shares of the construction company’s stock valued at $1,506,000 after purchasing an additional 4,800 shares during the period. 66.41% of the stock is currently owned by institutional investors.
A number of analysts have issued reports on VSEC shares. TheStreet raised VSE Corporation from a “c+” rating to a “b” rating in a research report on Monday, July 31st. BidaskClub lowered VSE Corporation from a “hold” rating to a “sell” rating in a research report on Monday, July 31st. Finally, ValuEngine lowered VSE Corporation from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 14th.
Shares of VSE Corporation (NASDAQ:VSEC) opened at $48.11 on Friday. The stock has a market capitalization of $521.42, a P/E ratio of 18.09 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 has a 12-month low of $34.98 and a 12-month high of $59.90.
VSE Corporation (NASDAQ:VSEC) last announced its earnings results on Thursday, October 26th. The construction company reported $0.61 earnings per share (EPS) for the quarter. The company had revenue of $174.16 million for the quarter. VSE Corporation had a return on equity of 10.85% and a net margin of 3.71%.
The company also recently announced a quarterly dividend, which was paid on Wednesday, November 22nd. Shareholders of record on Wednesday, November 8th were given a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date was Tuesday, November 7th. VSE Corporation’s payout ratio is 10.53%.
VSE Corporation Company Profile
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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