VSE (VSEC) Downgraded by BidaskClub

VSE (NASDAQ:VSEC) was downgraded by investment analysts at BidaskClub from a “hold” rating to a “sell” rating in a research report issued on Monday.

Separately, ValuEngine lowered VSE from a “buy” rating to a “hold” rating in a research note on Friday, May 4th.

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VSEC stock traded up $0.28 on Monday, reaching $49.90. The company had a trading volume of 39,400 shares, compared to its average volume of 28,218. VSE has a 1 year low of $49.50 and a 1 year high of $50.15. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.92 and a current ratio of 2.22. The firm has a market cap of $539.92 million, a P/E ratio of 19.08 and a beta of 1.61.

VSE (NASDAQ:VSEC) last posted its earnings results on Thursday, March 1st. The construction company reported $0.62 earnings per share (EPS) for the quarter. VSE had a return on equity of 9.88% and a net margin of 5.25%. The firm had revenue of $194.80 million for the quarter.

Hedge funds have recently bought and sold shares of the stock. Kendall Capital Management purchased a new stake in VSE in the 4th quarter valued at approximately $7,119,000. Stanley Laman Group Ltd. purchased a new position in shares of VSE during the 4th quarter worth $666,000. Dimensional Fund Advisors LP lifted its stake in shares of VSE by 3.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 542,318 shares of the construction company’s stock worth $28,049,000 after purchasing an additional 19,534 shares during the period. Schwab Charles Investment Management Inc. lifted its stake in shares of VSE by 9.7% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 40,421 shares of the construction company’s stock worth $2,091,000 after purchasing an additional 3,570 shares during the period. Finally, OppenheimerFunds Inc. lifted its stake in shares of VSE by 44.4% during the 1st quarter. OppenheimerFunds Inc. now owns 7,530 shares of the construction company’s stock worth $389,000 after purchasing an additional 2,315 shares during the period. 71.00% of the stock is currently owned by hedge funds and other institutional investors.

About VSE

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.