VSE Co. (NASDAQ:VSEC) Director Bonnie K. Wachtel sold 400 shares of VSE stock in a transaction on Thursday, December 6th. The stock was sold at an average price of $32.00, for a total transaction of $12,800.00. Following the transaction, the director now directly owns 124,552 shares of the company’s stock, valued at $3,985,664. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
VSEC stock traded down $0.77 during midday trading on Friday, reaching $31.18. 34,967 shares of the company were exchanged, compared to its average volume of 20,928. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.87 and a quick ratio of 1.12. VSE Co. has a one year low of $26.95 and a one year high of $56.03. The stock has a market cap of $347.65 million, a price-to-earnings ratio of 10.69 and a beta of 1.57.
VSE (NASDAQ:VSEC) last released its quarterly earnings data on Tuesday, October 30th. The construction company reported $0.92 EPS for the quarter. VSE had a net margin of 6.07% and a return on equity of 10.61%. The firm had revenue of $168.93 million during the quarter.
VSEC has been the subject of a number of research analyst reports. TheStreet cut shares of VSE from a “b-” rating to a “c+” rating in a research report on Friday, October 19th. BidaskClub cut shares of VSE from a “sell” rating to a “strong sell” rating in a research report on Wednesday, November 28th.
A number of hedge funds have recently added to or reduced their stakes in VSEC. MetLife Investment Advisors LLC boosted its position in shares of VSE by 60.1% in the third quarter. MetLife Investment Advisors LLC now owns 6,708 shares of the construction company’s stock valued at $222,000 after acquiring an additional 2,518 shares during the period. Marshall Wace LLP bought a new stake in shares of VSE in the third quarter valued at about $264,000. First Trust Advisors LP boosted its position in shares of VSE by 34.0% in the third quarter. First Trust Advisors LP now owns 13,056 shares of the construction company’s stock valued at $433,000 after acquiring an additional 3,314 shares during the period. OppenheimerFunds Inc. boosted its position in shares of VSE by 22.1% in the second quarter. OppenheimerFunds Inc. now owns 9,195 shares of the construction company’s stock valued at $439,000 after acquiring an additional 1,665 shares during the period. Finally, Millennium Management LLC bought a new stake in shares of VSE in the first quarter valued at about $475,000. 73.32% of the stock is owned by hedge funds and other institutional investors.
VSE Company Profile
VSE Corporation operates as a diversified services and supply company in the United States. The company operates through three segments: Supply Chain Management Group, Aviation Group, and Federal Services Group. The Supply Chain Management Group segment offers sourcing, acquisition, scheduling, transportation, shipping, logistics, data management, and other services to assist its clients with supply chain management.
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