Sessa Capital IM L.P. reduced its position in shares of Vectrus Inc (NYSE:VEC) by 94.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 13,700 shares of the business services provider’s stock after selling 233,391 shares during the quarter. Vectrus comprises 0.1% of Sessa Capital IM L.P.’s holdings, making the stock its 27th biggest position. Sessa Capital IM L.P.’s holdings in Vectrus were worth $423,000 at the end of the most recent quarter.
Shares of Vectrus Inc (NYSE VEC) opened at $37.90 on Friday. The company has a current ratio of 1.49, a quick ratio of 1.33 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $421.49, a PE ratio of 17.47 and a beta of 2.01. Vectrus Inc has a twelve month low of $21.15 and a twelve month high of $38.64.
Vectrus (NYSE:VEC) last announced its quarterly earnings results on Thursday, March 1st. The business services provider reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.18. The company had revenue of $295.80 million during the quarter, compared to analysts’ expectations of $275.82 million. Vectrus had a return on equity of 16.68% and a net margin of 5.34%. equities analysts anticipate that Vectrus Inc will post 2.99 earnings per share for the current fiscal year.
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Vectrus, Inc is a provider of services to the United States Government across the world. The Company offers services, including infrastructure asset management, logistics and supply chain management, and information technology and network communication. Its infrastructure asset management services support the United States Army, Air Force and Navy, and include infrastructure services, security, warehouse management and distribution, ammunition management, civil engineering, air base maintenance and operations, communications, emergency services, transportation, and life support activities at various global military installations.
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