VSE Co. (NASDAQ:VSEC) Shares Purchased by Legato Capital Management LLC

Legato Capital Management LLC boosted its position in shares of VSE Co. (NASDAQ:VSEC) by 5.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 54,430 shares of the construction company’s stock after buying an additional 2,645 shares during the period. VSE accounts for approximately 0.7% of Legato Capital Management LLC’s portfolio, making the stock its 14th biggest holding. Legato Capital Management LLC owned about 0.27% of VSE worth $5,176,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Lord Abbett & CO. LLC increased its holdings in shares of VSE by 24.9% in the 3rd quarter. Lord Abbett & CO. LLC now owns 224,148 shares of the construction company’s stock valued at $18,544,000 after acquiring an additional 44,662 shares during the period. Geode Capital Management LLC grew its position in VSE by 12.5% during the 3rd quarter. Geode Capital Management LLC now owns 382,719 shares of the construction company’s stock worth $31,669,000 after purchasing an additional 42,637 shares during the last quarter. Barclays PLC raised its holdings in shares of VSE by 711.2% in the third quarter. Barclays PLC now owns 40,770 shares of the construction company’s stock valued at $3,374,000 after buying an additional 35,744 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of VSE by 14.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 163,310 shares of the construction company’s stock worth $13,511,000 after buying an additional 20,114 shares during the period. Finally, State Street Corp grew its holdings in shares of VSE by 5.2% during the third quarter. State Street Corp now owns 323,830 shares of the construction company’s stock worth $26,790,000 after buying an additional 15,931 shares during the last quarter. Hedge funds and other institutional investors own 91.54% of the company’s stock.

VSE Stock Down 0.3 %

NASDAQ:VSEC opened at $106.54 on Wednesday. The company has a quick ratio of 1.15, a current ratio of 3.69 and a debt-to-equity ratio of 0.53. VSE Co. has a fifty-two week low of $65.33 and a fifty-two week high of $123.92. The firm’s fifty day simple moving average is $102.56 and its 200-day simple moving average is $98.13.

VSE Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, February 6th. Shareholders of record on Thursday, January 23rd were issued a $0.10 dividend. The ex-dividend date was Thursday, January 23rd. This represents a $0.40 dividend on an annualized basis and a yield of 0.38%.

Wall Street Analysts Forecast Growth

VSEC has been the subject of a number of recent research reports. Truist Financial decreased their price objective on VSE from $133.00 to $129.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Royal Bank of Canada lifted their price objective on shares of VSE from $125.00 to $135.00 and gave the company an “outperform” rating in a research report on Friday, December 6th. StockNews.com upgraded shares of VSE to a “sell” rating in a research report on Tuesday, January 28th. B. Riley lifted their target price on shares of VSE from $120.00 to $132.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Finally, Jefferies Financial Group boosted their price target on shares of VSE from $100.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, October 17th. One research analyst has rated the stock with a sell rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $117.83.

VSE 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.