2 weeks Ago By ABMN Staff
Invesco Ltd. trimmed its stake in shares of Vital Energy, Inc. ( NYSE:VTLE – Free Report ) by 29.
0% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 385,293 shares of the company’s stock after selling 157,166 shares during the quarter. Invesco Ltd.
owned about 1.01% of Vital Energy worth $11,913,000 as of its most recent SEC filing. Several other large investors also recently modified their holdings of VTLE.
R Squared Ltd acquired a new position in Vital Energy in the fourth quarter valued at about $34,000. Nisa Investment Advisors LLC raised its position in shares of Vital Energy by 276.9% in the 4th quarter.
Nisa Investment Advisors LLC now owns 1,093 shares of the company’s stock valued at $34,000 after buying an additional 803 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Vital Energy by 247.4% during the 4th quarter.
MassMutual Private Wealth & Trust FSB now owns 1,553 shares of the company’s stock worth $48,000 after acquiring an additional 1,106 shares during the period. Generali Investments CEE investicni spolecnost a.s.
acquired a new stake in shares of Vital Energy during the 4th quarter worth approximately $96,000. Finally, KLP Kapitalforvaltning AS bought a new position in Vital Energy in the fourth quarter valued at approximately $124,000. 86.
54% of the stock is owned by institutional investors and hedge funds. Analyst Ratings Changes A number of equities research analysts have weighed in on the company. Citigroup downgraded Vital Energy to a “reduce” rating in a report on Wednesday, March 5th.
Piper Sandler decreased their target price on Vital Energy from $32.00 to $24.00 and set a “neutral” rating on the stock in a research report on Thursday, March 6th.
Wolfe Research raised shares of Vital Energy from an “underperform” rating to a “peer perform” rating in a report on Friday, January 3rd. Truist Financial decreased their price target on shares of Vital Energy from $49.00 to $47.
00 and set a “buy” rating on the stock in a report on Friday, February 21st. Finally, Wells Fargo & Company cut their target price on shares of Vital Energy from $36.00 to $24.
00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 25th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $38.
08. Insider Buying and Selling In other news, CFO Bryan Lemmerman sold 10,000 shares of the company’s stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $20.
73, for a total transaction of $207,300.00. Following the transaction, the chief financial officer now owns 97,556 shares in the company, valued at approximately $2,022,335.
88. This represents a 9.30 % decrease in their ownership of the stock.
The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link . Also, major shareholder Richard D. Campbell bought 5,000 shares of Vital Energy stock in a transaction dated Thursday, April 3rd.
The stock was purchased at an average price of $17.75 per share, with a total value of $88,750.00.
Following the completion of the purchase, the insider now owns 43,072 shares in the company, valued at $764,528. This trade represents a 13.13 % increase in their ownership of the stock.
The disclosure for this purchase can be found here . Insiders sold 21,647 shares of company stock valued at $448,742 over the last 90 days. Company insiders own 1.
20% of the company’s stock. Vital Energy Stock Down 3.3 % Vital Energy stock opened at $14.
73 on Tuesday. The firm has a 50 day moving average price of $21.68 and a two-hundred day moving average price of $27.
78. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.
67 and a current ratio of 0.78. Vital Energy, Inc.
has a 52-week low of $12.30 and a 52-week high of $55.87.
The firm has a market cap of $570.08 million, a price-to-earnings ratio of -3.10 and a beta of 2.
82. Vital Energy ( NYSE:VTLE – Get Free Report ) last released its earnings results on Wednesday, February 19th. The company reported $2.
30 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.03 by $0.27.
Vital Energy had a negative net margin of 8.89% and a positive return on equity of 9.48%.
The business had revenue of $534.37 million for the quarter, compared to analyst estimates of $550.90 million.
Equities analysts predict that Vital Energy, Inc. will post 8.49 EPS for the current year.
About Vital Energy ( Free Report ) Vital Energy, Inc, an independent energy company, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, the United States. The company was formerly known as Laredo Petroleum, Inc and changed its name to Vital Energy, Inc in January 2023. Read More Want to see what other hedge funds are holding VTLE? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Vital Energy, Inc. ( NYSE:VTLE – Free Report ). Receive News & Ratings for Vital Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vital Energy and related companies with MarketBeat.
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