VSE (NASDAQ:VSEC) Stock Price Passes Above Two Hundred Day Moving Average – Time to Sell?

VSE Corporation (NASDAQ:VSEC)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $194.34 and traded as high as $232.15. VSE shares last traded at $223.69, with a volume of 610,392 shares changing hands.

Analyst Ratings Changes

A number of analysts have issued reports on VSEC shares. Truist Financial raised VSE to a “strong-buy” rating in a research note on Friday, May 1st. Weiss Ratings cut shares of VSE from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $268.00 target price on shares of VSE in a report on Thursday, May 7th. Morgan Stanley assumed coverage on shares of VSE in a research note on Friday. They set an “equal weight” rating and a $245.00 price target on the stock. Finally, Stifel Nicolaus boosted their price objective on shares of VSE from $250.00 to $260.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $239.78.

VSE Price Performance

The company’s fifty day moving average is $188.98 and its two-hundred day moving average is $194.51. The company has a debt-to-equity ratio of 0.12, a quick ratio of 6.24 and a current ratio of 8.78. The firm has a market cap of $6.17 billion, a price-to-earnings ratio of 92.82, a price-to-earnings-growth ratio of 2.50 and a beta of 1.25.

VSE (NASDAQ:VSEC) last released its quarterly earnings data on Tuesday, May 5th. The construction company reported $1.17 EPS for the quarter, beating the consensus estimate of $0.93 by $0.24. VSE had a return on equity of 6.56% and a net margin of 4.95%.The company had revenue of $324.58 million for the quarter, compared to analyst estimates of $309.19 million. During the same period last year, the company posted $0.78 earnings per share. The firm’s revenue was up 26.8% compared to the same quarter last year. Equities research analysts forecast that VSE Corporation will post 4.3 EPS for the current year.

VSE Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 29th. Investors of record on Wednesday, July 15th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $0.40 annualized dividend and a yield of 0.2%. VSE’s payout ratio is 16.88%.

Insiders Place Their Bets

In other VSE news, COO Benjamin E. Thomas sold 6,500 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $196.82, for a total value of $1,279,330.00. Following the completion of the transaction, the chief operating officer owned 42,839 shares in the company, valued at $8,431,571.98. This represents a 13.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.80% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. SG Americas Securities LLC increased its stake in VSE by 1,331.0% during the 4th quarter. SG Americas Securities LLC now owns 59,642 shares of the construction company’s stock worth $10,304,000 after buying an additional 55,474 shares during the period. Fred Alger Management LLC boosted its position in VSE by 26.2% in the 3rd quarter. Fred Alger Management LLC now owns 394,499 shares of the construction company’s stock valued at $65,582,000 after buying an additional 81,788 shares during the last quarter. AQR Capital Management LLC purchased a new position in VSE in the 1st quarter valued at about $247,000. EverSource Wealth Advisors LLC grew its stake in shares of VSE by 100.0% during the first quarter. EverSource Wealth Advisors LLC now owns 516 shares of the construction company’s stock valued at $95,000 after acquiring an additional 258 shares in the last quarter. Finally, Glenmede Trust Co. NA grew its stake in shares of VSE by 7.2% during the first quarter. Glenmede Trust Co. NA now owns 7,147 shares of the construction company’s stock valued at $1,318,000 after acquiring an additional 478 shares in the last quarter. 91.54% of the stock is currently owned by hedge funds and other institutional investors.

About VSE

VSE Corporation (NASDAQ: VSEC) is a provider of aftermarket distribution and supply chain management services serving both government and commercial markets. The company’s solutions span a wide range of industries, with particular emphasis on defense, aerospace and transportation. VSE’s core mission is to ensure mission readiness by delivering critical parts, maintenance and technical support for equipment throughout its lifecycle.

Through its Distribution Services segment, VSE sources, markets and distributes replacement parts and components for commercial truck, bus, rail and specialty vehicle applications.