VSE Co. (NASDAQ:VSEC) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 103,900 shares, a decline of 14.8% from the December 15th total of 121,900 shares. Currently, 1.2% of the company’s stock are short sold. Based on an average daily volume of 16,500 shares, the days-to-cover ratio is currently 6.3 days.
Large investors have recently added to or reduced their stakes in the company. Zebra Capital Management LLC bought a new stake in shares of VSE during the 3rd quarter valued at $209,000. Virginia Retirement Systems ET AL bought a new stake in shares of VSE during the 3rd quarter valued at $225,000. Squarepoint Ops LLC lifted its position in shares of VSE by 12.1% during the 3rd quarter. Squarepoint Ops LLC now owns 9,500 shares of the construction company’s stock valued at $324,000 after acquiring an additional 1,023 shares during the period. Citadel Advisors LLC lifted its position in shares of VSE by 46.1% during the 2nd quarter. Citadel Advisors LLC now owns 12,298 shares of the construction company’s stock valued at $353,000 after acquiring an additional 3,878 shares during the period. Finally, Russell Investments Group Ltd. bought a new stake in shares of VSE during the 3rd quarter valued at $379,000. Hedge funds and other institutional investors own 70.07% of the company’s stock.
VSEC stock opened at $35.64 on Wednesday. The company has a current ratio of 2.44, a quick ratio of 0.99 and a debt-to-equity ratio of 0.80. The firm has a market capitalization of $387.79 million, a PE ratio of 10.78 and a beta of 1.36. VSE has a 1-year low of $24.06 and a 1-year high of $41.14. The business’s 50 day simple moving average is $38.63 and its 200 day simple moving average is $33.98.
VSE (NASDAQ:VSEC) last issued its quarterly earnings data on Tuesday, October 29th. The construction company reported $0.95 EPS for the quarter. VSE had a return on equity of 10.60% and a net margin of 4.91%. The firm had revenue of $198.33 million for the quarter.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 12th. Stockholders of record on Wednesday, January 29th will be given a dividend of $0.09 per share. The ex-dividend date of this dividend is Tuesday, January 28th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.01%.
VSEC has been the topic of several recent analyst reports. ValuEngine raised VSE from a “sell” rating to a “hold” rating in a research report on Wednesday, January 8th. BidaskClub lowered VSE from a “sell” rating to a “strong sell” rating in a report on Tuesday.
VSE Company Profile
VSE Corporation operates as a diversified services and supply company in the United States. The company operates in 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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