VSE (NASDAQ:VSEC) Upgraded to Sell at StockNews.com

VSE (NASDAQ:VSEC) was upgraded by research analysts at StockNews.com to a “sell” rating in a report issued on Thursday.

Other equities analysts also recently issued research reports about the stock. Royal Bank of Canada upped their price objective on shares of VSE from $120.00 to $125.00 and gave the company an “outperform” rating in a research note on Thursday. Jefferies Financial Group lifted their price target on VSE from $100.00 to $110.00 and gave the stock a “buy” rating in a research report on Thursday, October 17th. Benchmark reissued a “buy” rating and issued a $100.00 price objective on shares of VSE in a report on Friday, August 2nd. Truist Financial lifted their target price on shares of VSE from $115.00 to $133.00 and gave the company a “buy” rating in a report on Thursday. Finally, B. Riley increased their price target on shares of VSE from $120.00 to $132.00 and gave the stock a “buy” rating in a research note on Thursday. One analyst has rated the stock with a sell rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, VSE has a consensus rating of “Moderate Buy” and an average price target of $116.83.

VSE Stock Up 3.0 %

Shares of NASDAQ:VSEC opened at $117.80 on Thursday. The firm has a 50 day simple moving average of $93.09 and a 200-day simple moving average of $87.36. VSE has a twelve month low of $57.10 and a twelve month high of $118.94. The company has a current ratio of 3.53, a quick ratio of 1.17 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $2.17 billion, a PE ratio of 35.84 and a beta of 1.56.

Insider Transactions at VSE

In related news, major shareholder Calvin Scott Koonce sold 15,300 shares of VSE stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $91.83, for a total value of $1,404,999.00. Following the transaction, the insider now directly owns 463,284 shares in the company, valued at $42,543,369.72. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 14.60% of the company’s stock.

Institutional Investors Weigh In On VSE

A number of institutional investors have recently added to or reduced their stakes in VSEC. Russell Investments Group Ltd. boosted its stake in shares of VSE by 11.9% in the first quarter. Russell Investments Group Ltd. now owns 90,252 shares of the construction company’s stock valued at $7,220,000 after buying an additional 9,608 shares in the last quarter. Lisanti Capital Growth LLC acquired a new position in shares of VSE during the 1st quarter worth $3,566,000. Silvercrest Asset Management Group LLC acquired a new stake in shares of VSE in the first quarter valued at about $3,072,000. Capital Research Global Investors purchased a new stake in VSE during the first quarter worth about $81,623,000. Finally, Park Avenue Securities LLC grew its position in VSE by 13.8% during the third quarter. Park Avenue Securities LLC now owns 3,818 shares of the construction company’s stock worth $316,000 after buying an additional 464 shares during the period. Hedge funds and other institutional investors own 91.54% of the company’s stock.

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.