UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $1.74 Million Holdings in VSE Co. (NASDAQ:VSEC)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its stake in VSE Co. (NASDAQ:VSEC) by 17.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,049 shares of the construction company’s stock after selling 4,539 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.10% of VSE worth $1,741,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. BNP Paribas Financial Markets raised its holdings in VSE by 4.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,310 shares of the construction company’s stock valued at $274,000 after acquiring an additional 134 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of VSE by 6.5% in the second quarter. The Manufacturers Life Insurance Company now owns 5,250 shares of the construction company’s stock valued at $463,000 after purchasing an additional 320 shares in the last quarter. Park Avenue Securities LLC lifted its position in VSE by 13.8% in the third quarter. Park Avenue Securities LLC now owns 3,818 shares of the construction company’s stock worth $316,000 after purchasing an additional 464 shares during the period. Innealta Capital LLC acquired a new stake in VSE during the second quarter worth $42,000. Finally, Arizona State Retirement System boosted its stake in VSE by 22.9% during the second quarter. Arizona State Retirement System now owns 4,521 shares of the construction company’s stock worth $399,000 after buying an additional 842 shares in the last quarter. Institutional investors own 91.54% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on VSEC shares. 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 research report on Thursday, November 7th. StockNews.com raised VSE to a “sell” rating in a report on Monday, December 9th. Jefferies Financial Group upped their price objective on VSE from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, October 17th. Royal Bank of Canada raised their target price on VSE from $125.00 to $135.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. Finally, B. Riley upped their price target on VSE from $120.00 to $132.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. One analyst has rated the stock with a sell rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $118.50.

VSE Price Performance

Shares of VSEC stock opened at $108.86 on Tuesday. VSE Co. has a 52 week low of $57.10 and a 52 week high of $123.92. The stock has a market capitalization of $2.22 billion, a PE ratio of 33.57 and a beta of 1.57. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.15 and a current ratio of 3.69. The stock’s fifty day moving average is $108.82 and its 200-day moving average is $94.23.

VSE (NASDAQ:VSEC) last issued its quarterly earnings data on Wednesday, November 6th. The construction company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.08. The firm had revenue of $273.61 million for the quarter, compared to analyst estimates of $270.88 million. VSE had a net margin of 1.36% and a return on equity of 7.26%. During the same quarter in the prior year, the firm earned $0.92 EPS. Equities research analysts expect that VSE Co. will post 2.92 EPS for the current fiscal year.

VSE Company Profile

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.