Dimensional Fund Advisors LP boosted its holdings in shares of VSE Co. (NASDAQ:VSEC) by 2.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 617,376 shares of the construction company’s stock after purchasing an additional 15,015 shares during the quarter. Dimensional Fund Advisors LP owned approximately 5.67% of VSE worth $18,466,000 at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of the business. Renaissance Technologies LLC increased its holdings in shares of VSE by 35.1% in the 3rd quarter. Renaissance Technologies LLC now owns 58,653 shares of the construction company’s stock valued at $1,943,000 after acquiring an additional 15,253 shares during the last quarter. BlackRock Inc. increased its holdings in shares of VSE by 1.7% in the 4th quarter. BlackRock Inc. now owns 626,134 shares of the construction company’s stock valued at $18,726,000 after acquiring an additional 10,264 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of VSE by 18.0% in the 4th quarter. Bank of New York Mellon Corp now owns 65,845 shares of the construction company’s stock valued at $1,970,000 after acquiring an additional 10,039 shares during the last quarter. Marshall Wace LLP bought a new stake in shares of VSE in the 3rd quarter valued at approximately $264,000. Finally, Vanguard Group Inc increased its holdings in shares of VSE by 0.8% in the 3rd quarter. Vanguard Group Inc now owns 474,713 shares of the construction company’s stock valued at $15,728,000 after acquiring an additional 3,953 shares during the last quarter. Institutional investors own 71.15% of the company’s stock.
Separately, BidaskClub downgraded VSE from a “sell” rating to a “strong sell” rating in a report on Wednesday, February 13th.
Shares of NASDAQ VSEC opened at $32.35 on Tuesday. VSE Co. has a twelve month low of $26.95 and a twelve month high of $53.19. The company has a quick ratio of 1.09, a current ratio of 2.68 and a debt-to-equity ratio of 0.52. The company has a market capitalization of $356.53 million, a PE ratio of 10.24 and a beta of 1.24.
VSE (NASDAQ:VSEC) last issued its quarterly earnings results on Thursday, February 28th. The construction company reported $0.84 earnings per share for the quarter. VSE had a return on equity of 11.11% and a net margin of 5.03%. The business had revenue of $181.00 million during the quarter.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Wednesday, May 1st will be given a dividend of $0.08 per share. The ex-dividend date is Tuesday, April 30th. This represents a $0.32 dividend on an annualized basis and a yield of 0.99%.
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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