Stifel Nicolaus Maintains Vectrus Inc to Hold

Brokerage firm Stifel Nicolaus Maintains its rating on Vectrus Inc(NYSE:VEC). The shares have been rated Hold. The rating by Stifel Nicolaus was issued on Sep 30, 2016.

Vectrus Inc (VEC) made into the market gainers list on Tuesdays trading session with the shares advancing 3.57% or 0.59 points. Due to strong positive momentum, the stock ended at $17.13, which is also near the day’s high of $17.64. The stock began the session at $16.66 and the volume stood at 4,54,494 shares. The 52-week high of the shares is $34.98 and the 52 week low is $12.5. The company has a current market capitalization of $184 M and it has 1,07,29,892 shares in outstanding.

Vectrus Inc(VEC) last announced its earnings results on Aug 9, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $307.89M. Analysts had an estimated revenue of $297.33M. Earnings per share were $0.55. Analysts had estimated an EPS of $0.57.

Several Insider Transactions has been reported to the SEC. On Aug 19, 2016, Kelvin Coppock (SVP, Contracts) sold 2,000 shares at $32.54 per share price.Also, On May 20, 2016, Francis Peloso (SVP, CHRO) purchased 1,080 shares at $22.85 per share price.On May 17, 2016, Charles Anderson (SVP, IAM & Logistics Services) sold 2,220 shares at $24.37 per share price, according to the Form-4 filing with the securities and exchange commission.

Vectrus Inc. (Vectrus) is a provider of services to the United States government across the world. The Company offers services in three solution areas: 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 military base maintenance and operations among others. Its logistics and supply chain management services support and maintain the vehicle and equipment stocks of the United States Army and Marine Corps. Its information technology and network communication services consist of sustainment of communications systems network security systems installation and full life cycle management of information technology systems.

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