Lisanti Capital Growth LLC Has $3.98 Million Holdings in VSE Co. (NASDAQ:VSEC)

Lisanti Capital Growth LLC raised its position in VSE Co. (NASDAQ:VSEC) by 6.2% in the fourth quarter, HoldingsChannel reports. The fund owned 41,800 shares of the construction company’s stock after purchasing an additional 2,455 shares during the quarter. Lisanti Capital Growth LLC’s holdings in VSE were worth $3,975,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Lord Abbett & CO. LLC boosted its position in shares of VSE by 24.9% during the third quarter. Lord Abbett & CO. LLC now owns 224,148 shares of the construction company’s stock valued at $18,544,000 after buying an additional 44,662 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of VSE by 12.5% during the third quarter. Geode Capital Management LLC now owns 382,719 shares of the construction company’s stock valued at $31,669,000 after buying an additional 42,637 shares during the last quarter. Barclays PLC boosted its position in shares of VSE by 711.2% during 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. State Street Corp boosted its position 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 valued at $26,790,000 after buying an additional 15,931 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position 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 valued at $13,511,000 after buying an additional 20,114 shares during the last quarter. Institutional investors and hedge funds own 91.54% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Royal Bank of Canada lifted their target price on VSE from $125.00 to $135.00 and gave the company an “outperform” rating in a research report on Friday, December 6th. Truist Financial lifted their target price on VSE from $129.00 to $134.00 and gave the company a “buy” rating in a research report on Tuesday. StockNews.com raised VSE to a “sell” rating in a research report on Thursday. Finally, B. Riley lifted their price target on VSE from $120.00 to $132.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating and six have assigned a buy rating to the company. Based on data from MarketBeat, VSE presently has an average rating of “Moderate Buy” and an average price target of $118.67.

VSE Stock Performance

Shares of VSE stock opened at $115.63 on Friday. The business’s fifty day simple moving average is $101.44 and its 200 day simple moving average is $100.29. The firm has a market capitalization of $2.36 billion, a P/E ratio of 139.31 and a beta of 1.61. VSE Co. has a 12 month low of $73.11 and a 12 month high of $123.92. The company has a current ratio of 3.69, a quick ratio of 1.15 and a debt-to-equity ratio of 0.53.

VSE (NASDAQ:VSEC) last issued its earnings results on Wednesday, February 26th. The construction company reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.17. The firm had revenue of $299.02 million for the quarter, compared to analyst estimates of $289.97 million. VSE had a return on equity of 7.26% and a net margin of 1.36%. As a group, analysts anticipate that VSE Co. will post 2.96 EPS for the current year.

VSE Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 1st will be paid a $0.10 dividend. The ex-dividend date is Thursday, May 1st. This represents a $0.40 annualized dividend and a dividend yield of 0.35%. VSE’s payout ratio is presently 48.19%.

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.