Vectrus Inc (NYSE:VEC) SVP Francis Peloso sold 10,000 shares of the firm’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $52.65, for a total value of $526,500.00. Following the transaction, the senior vice president now directly owns 27,873 shares in the company, valued at $1,467,513.45. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of VEC traded down $0.87 during trading hours on Wednesday, reaching $53.96. 4,275 shares of the company’s stock traded hands, compared to its average volume of 83,296. The firm has a market capitalization of $611.71 million, a price-to-earnings ratio of 18.33 and a beta of 1.79. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.27 and a quick ratio of 1.27. Vectrus Inc has a twelve month low of $19.61 and a twelve month high of $55.50. The business’s fifty day simple moving average is $44.35 and its two-hundred day simple moving average is $40.96.
Vectrus (NYSE:VEC) last issued its quarterly earnings results on Tuesday, November 5th. The business services provider reported $0.80 EPS for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.02). The business had revenue of $359.85 million for the quarter, compared to analyst estimates of $349.34 million. Vectrus had a net margin of 2.54% and a return on equity of 14.76%. On average, equities research analysts expect that Vectrus Inc will post 3.25 EPS for the current year.
A number of brokerages have recently commented on VEC. Citigroup reissued a “buy” rating on shares of Vectrus in a report on Wednesday, November 6th. ValuEngine lowered Vectrus from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Peel Hunt reissued a “hold” rating on shares of Vectrus in a report on Tuesday, October 29th. Zacks Investment Research lowered Vectrus from a “buy” rating to a “hold” rating in a report on Friday, August 9th. Finally, B. Riley raised their price target on Vectrus from $49.00 to $55.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Vectrus has a consensus rating of “Hold” and an average price target of $48.33.
A number of large investors have recently added to or reduced their stakes in the stock. Quantamental Technologies LLC increased its stake in Vectrus by 900.0% in the 2nd quarter. Quantamental Technologies LLC now owns 1,000 shares of the business services provider’s stock worth $41,000 after purchasing an additional 900 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in Vectrus by 53.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,013 shares of the business services provider’s stock worth $41,000 after purchasing an additional 352 shares in the last quarter. Pacer Advisors Inc. purchased a new position in Vectrus in the 3rd quarter worth about $61,000. Bank of Montreal Can increased its stake in Vectrus by 173.7% in the 2nd quarter. Bank of Montreal Can now owns 1,601 shares of the business services provider’s stock worth $65,000 after purchasing an additional 1,016 shares in the last quarter. Finally, BNP Paribas Arbitrage SA increased its stake in Vectrus by 147.4% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 5,774 shares of the business services provider’s stock worth $234,000 after purchasing an additional 3,440 shares in the last quarter. 92.36% of the stock is currently owned by hedge funds and other institutional investors.
Vectrus Company Profile
Vectrus, Inc provides facility and logistics, and information technology and network communication services to the U.S. government worldwide. The company offers facility and logistics services, such as airfield management, ammunition management, civil engineering, communications, emergency services, life support activities, public works, security, transportation operations, warehouse management and distribution, and equipment maintenance, repair, and services for U.S.
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