Vectrus (NYSE:VEC) was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a research report issued on Friday.

Several other analysts have also recently issued reports on the company. Zacks Investment Research raised Vectrus from a “hold” rating to a “buy” rating and set a $41.00 target price on the stock in a research note on Saturday, August 11th. Drexel Hamilton reissued a “hold” rating on shares of Vectrus in a research note on Monday, November 12th.

Shares of NYSE:VEC traded down $0.66 on Friday, reaching $22.14. 81,100 shares of the company traded hands, compared to its average volume of 79,370. Vectrus has a 52 week low of $21.86 and a 52 week high of $41.48. The stock has a market capitalization of $257.88 million, a P/E ratio of 10.20 and a beta of 1.56. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.33.

Vectrus (NYSE:VEC) last announced its quarterly earnings data on Tuesday, November 6th. The business services provider reported $0.86 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.85 by $0.01. Vectrus had a return on equity of 16.74% and a net margin of 5.36%. The firm had revenue of $308.10 million for the quarter, compared to analysts’ expectations of $310.47 million. As a group, research analysts predict that Vectrus will post 3.27 EPS for the current year.

In other Vectrus news, Director Eric M. Pillmore bought 1,000 shares of the business’s stock in a transaction that occurred on Monday, October 8th. The shares were bought at an average cost of $29.88 per share, with a total value of $29,880.00. Following the completion of the purchase, the director now directly owns 13,002 shares of the company’s stock, valued at $388,499.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Melvin Parker sold 1,375 shares of the firm’s stock in a transaction dated Tuesday, November 20th. The stock was sold at an average price of $23.99, for a total value of $32,986.25. The disclosure for this sale can be found here. Over the last three months, insiders purchased 5,250 shares of company stock worth $137,983 and sold 4,125 shares worth $116,064. 2.80% of the stock is owned by company insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Millennium Management LLC grew its stake in shares of Vectrus by 1.4% in the second quarter. Millennium Management LLC now owns 115,308 shares of the business services provider’s stock worth $3,554,000 after purchasing an additional 1,594 shares during the last quarter. Aperio Group LLC grew its stake in shares of Vectrus by 21.0% in the second quarter. Aperio Group LLC now owns 9,581 shares of the business services provider’s stock worth $295,000 after purchasing an additional 1,660 shares during the last quarter. Strs Ohio grew its stake in shares of Vectrus by 9.7% in the second quarter. Strs Ohio now owns 20,400 shares of the business services provider’s stock worth $628,000 after purchasing an additional 1,800 shares during the last quarter. Globeflex Capital L P grew its stake in shares of Vectrus by 14.2% in the second quarter. Globeflex Capital L P now owns 15,457 shares of the business services provider’s stock worth $476,000 after purchasing an additional 1,920 shares during the last quarter. Finally, First Trust Advisors LP grew its stake in shares of Vectrus by 19.6% in the second quarter. First Trust Advisors LP now owns 12,720 shares of the business services provider’s stock worth $392,000 after purchasing an additional 2,082 shares during the last quarter. 87.25% of the stock is currently owned by institutional investors.

About Vectrus

Vectrus, Inc provides facility and logistics, and information technology and network communication services to the U.S. government worldwide. It offers facility and logistics services, such as airfield management, ammunition management, civil engineering, communications, emergency services, life support activities, public works, security, transportation operations, warehouse management and distribution, and equipment maintenance, repair, and services for U.S.

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