Wisconsin Capital Management LLC Trims Stock Position in VSE Co. (NASDAQ:VSEC)

Wisconsin Capital Management LLC trimmed its holdings in VSE Co. (NASDAQ:VSEC) by 1.8% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 44,800 shares of the construction company’s stock after selling 800 shares during the period. VSE makes up about 1.7% of Wisconsin Capital Management LLC’s holdings, making the stock its 27th largest holding. Wisconsin Capital Management LLC owned approximately 0.28% of VSE worth $2,895,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VSEC. Bfsg LLC acquired a new stake in shares of VSE during the 4th quarter worth about $41,000. Amalgamated Bank raised its stake in shares of VSE by 18.4% in the 3rd quarter. Amalgamated Bank now owns 1,237 shares of the construction company’s stock valued at $62,000 after acquiring an additional 192 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in shares of VSE during the 3rd quarter worth approximately $135,000. Arizona State Retirement System acquired a new stake in VSE in the 4th quarter valued at approximately $242,000. Finally, Cassaday & Co Wealth Management LLC purchased a new stake in VSE in the third quarter valued at approximately $202,000. Hedge funds and other institutional investors own 91.54% of the company’s stock.

VSE Stock Down 2.2 %

NASDAQ VSEC traded down $1.73 on Thursday, hitting $76.88. 62,807 shares of the stock were exchanged, compared to its average volume of 87,266. VSE Co. has a fifty-two week low of $41.17 and a fifty-two week high of $83.00. The company has a 50-day moving average price of $76.19 and a 200-day moving average price of $65.79. The company has a quick ratio of 0.95, a current ratio of 2.70 and a debt-to-equity ratio of 0.66. The company has a market cap of $1.21 billion, a PE ratio of 31.93 and a beta of 1.67.

VSE Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 16th. Stockholders of record on Thursday, May 2nd will be issued a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.52%. VSE’s payout ratio is currently 16.67%.

Wall Street Analyst Weigh In

VSEC has been the topic of several research reports. StockNews.com lowered VSE from a “hold” rating to a “sell” rating in a research note on Friday, January 26th. Truist Financial upped their target price on shares of VSE from $77.00 to $86.00 and gave the stock a “buy” rating in a research note on Wednesday, January 10th. Finally, Benchmark reissued a “buy” rating and issued a $85.00 price target on shares of VSE in a research report on Tuesday, April 16th. One analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $78.25.

About VSE

VSE Corporation operates as a diversified aftermarket products and services company in the United States. The company operates through two segments, Aviation and Fleet. The Aviation segment provides aftermarket parts supply and distribution; maintenance, repair, and overhaul services for components and engine accessories supporting commercial, business, and general aviation operators.