BNP Paribas Financial Markets Increases Holdings in VSE Co. (NASDAQ:VSEC)

BNP Paribas Financial Markets lifted its stake in shares of VSE Co. (NASDAQ:VSEC) by 4.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,310 shares of the construction company’s stock after purchasing an additional 134 shares during the quarter. BNP Paribas Financial Markets’ holdings in VSE were worth $274,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Innealta Capital LLC bought a new stake in VSE during the second quarter valued at approximately $42,000. US Bancorp DE lifted its holdings in shares of VSE by 1,180.2% during the 3rd quarter. US Bancorp DE now owns 2,586 shares of the construction company’s stock worth $214,000 after acquiring an additional 2,384 shares during the last quarter. Archer Investment Corp bought a new stake in shares of VSE during the 2nd quarter worth $247,000. Park Avenue Securities LLC grew 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 acquiring an additional 464 shares in the last quarter. Finally, Intech Investment Management LLC bought a new position in VSE in the third quarter valued at $394,000. Hedge funds and other institutional investors own 91.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. Jefferies Financial Group raised their price objective on VSE from $100.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, October 17th. B. Riley lifted 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, November 7th. Royal Bank of Canada boosted their price objective on shares of VSE from $125.00 to $135.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. Truist Financial lifted their price objective on VSE from $115.00 to $133.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Finally, StockNews.com raised shares of VSE to a “sell” rating in a report on Monday, December 9th. One analyst has rated the stock with a sell rating and six have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $118.50.

VSE Stock Performance

Shares of VSEC opened at $108.21 on Monday. The company has a 50-day simple moving average of $108.34 and a two-hundred day simple moving average of $94.03. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.69 and a quick ratio of 1.15. The firm has a market capitalization of $2.21 billion, a PE ratio of 33.57 and a beta of 1.57. VSE Co. has a one year low of $57.10 and a one year high of $123.92.

VSE (NASDAQ:VSEC) last released its quarterly earnings results on Wednesday, November 6th. The construction company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.08. The company had revenue of $273.61 million for the quarter, compared to analyst estimates of $270.88 million. VSE had a return on equity of 7.26% and a net margin of 1.36%. During the same period in the previous year, the company posted $0.92 earnings per share. On average, analysts anticipate 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.