Dimensional Fund Advisors LP Purchases 30,146 Shares of Vectrus Inc (VEC)

Dimensional Fund Advisors LP raised its position in Vectrus Inc (NYSE:VEC) by 4.0% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 776,456 shares of the business services provider’s stock after buying an additional 30,146 shares during the quarter. Dimensional Fund Advisors LP owned about 6.90% of Vectrus worth $16,756,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. BlackRock Inc. boosted its position in shares of Vectrus by 2.0% during the 3rd quarter. BlackRock Inc. now owns 898,160 shares of the business services provider’s stock worth $28,013,000 after purchasing an additional 17,656 shares in the last quarter. LSV Asset Management boosted its position in shares of Vectrus by 6.0% during the 4th quarter. LSV Asset Management now owns 621,168 shares of the business services provider’s stock worth $13,404,000 after purchasing an additional 35,133 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of Vectrus by 4.2% during the 3rd quarter. AQR Capital Management LLC now owns 563,082 shares of the business services provider’s stock worth $17,563,000 after purchasing an additional 22,885 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Vectrus by 2.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 536,438 shares of the business services provider’s stock worth $16,732,000 after purchasing an additional 11,689 shares in the last quarter. Finally, Prudential Financial Inc. boosted its position in shares of Vectrus by 7.2% during the 4th quarter. Prudential Financial Inc. now owns 266,058 shares of the business services provider’s stock worth $5,742,000 after purchasing an additional 17,971 shares in the last quarter. 86.54% of the stock is currently owned by institutional investors.

In related news, Director Melvin Parker sold 1,375 shares of the business’s stock in a transaction dated Wednesday, February 20th. The shares were sold at an average price of $28.09, for a total value of $38,623.75. The transaction was disclosed in a document filed with the SEC, which is available through this link. Insiders sold a total of 4,125 shares of company stock worth $107,979 over the last quarter. Insiders own 2.80% of the company’s stock.

Shares of NYSE VEC opened at $35.98 on Wednesday. Vectrus Inc has a one year low of $19.61 and a one year high of $40.63. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.39 and a current ratio of 1.39. The firm has a market cap of $337.59 million, a price-to-earnings ratio of 12.24 and a beta of 1.56.

Vectrus (NYSE:VEC) last released its quarterly earnings data on Tuesday, February 26th. The business services provider reported $0.73 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.05). Vectrus had a return on equity of 16.86% and a net margin of 2.76%. Analysts forecast that Vectrus Inc will post 3.34 EPS for the current year.

VEC has been the topic of several research analyst reports. Noble Financial restated a “hold” rating on shares of Vectrus in a research report on Thursday, February 28th. ValuEngine upgraded shares of Vectrus from a “strong sell” rating to a “sell” rating in a research report on Monday, January 7th. Zacks Investment Research upgraded shares of Vectrus from a “sell” rating to a “hold” rating in a research report on Saturday, January 12th. Finally, Drexel Hamilton upgraded shares of Vectrus from a “hold” rating to a “buy” rating and set a $45.00 target price on the stock in a research report on Tuesday. Three investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $43.00.

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Vectrus 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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Institutional Ownership by Quarter for Vectrus (NYSE:VEC)

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