iSAM Funds UK Ltd Has $739,000 Stake in Vital Energy, Inc. (NYSE:VTLE)

iSAM Funds UK Ltd increased its holdings in shares of Vital Energy, Inc. (NYSE:VTLE) by 154.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 23,909 shares of the company’s stock after acquiring an additional 14,516 shares during the period. iSAM Funds UK Ltd’s holdings in Vital Energy were worth $739,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Condire Management LP acquired a new stake in Vital Energy in the fourth quarter valued at $19,066,000. Freestone Grove Partners LP acquired a new stake in Vital Energy in the fourth quarter valued at $15,995,000. Barclays PLC lifted its stake in Vital Energy by 124.0% in the third quarter. Barclays PLC now owns 338,675 shares of the company’s stock valued at $9,110,000 after acquiring an additional 187,503 shares during the last quarter. Tributary Capital Management LLC lifted its stake in Vital Energy by 45.0% in the fourth quarter. Tributary Capital Management LLC now owns 428,295 shares of the company’s stock valued at $13,243,000 after acquiring an additional 132,924 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Vital Energy in the fourth quarter valued at $4,022,000. Institutional investors and hedge funds own 86.54% of the company’s stock.

Vital Energy Price Performance

NYSE:VTLE opened at $15.49 on Tuesday. Vital Energy, Inc. has a 52 week low of $12.30 and a 52 week high of $51.71. The firm has a market cap of $600.52 million, a price-to-earnings ratio of -3.26 and a beta of 1.53. The firm’s 50-day simple moving average is $17.06 and its 200 day simple moving average is $26.06. 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 (NYSE:VTLE) last released its quarterly earnings results on Monday, May 12th. The company reported $2.37 EPS for the quarter, topping analysts’ consensus estimates of $2.11 by $0.26. Vital Energy had a negative net margin of 8.89% and a positive return on equity of 9.48%. The business had revenue of $512.18 million for the quarter, compared to analyst estimates of $528.76 million. During the same period last year, the firm earned $1.84 earnings per share. Vital Energy’s revenue for the quarter was up 6.2% compared to the same quarter last year. As a group, sell-side analysts predict that Vital Energy, Inc. will post 8.49 earnings per share for the current year.

Insider Buying and Selling

In other Vital Energy news, CFO Bryan Lemmerman sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $20.73, for a total value of $207,300.00. Following the transaction, the chief financial officer now directly owns 97,556 shares of the company’s stock, valued at $2,022,335.88. This trade represents a 9.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO M. Jason Pigott bought 5,500 shares of the firm’s stock in a transaction on Wednesday, May 14th. The stock was purchased at an average cost of $18.09 per share, for a total transaction of $99,495.00. Following the completion of the acquisition, the chief executive officer now owns 251,533 shares in the company, valued at approximately $4,550,231.97. This trade represents a 2.24% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have sold 21,647 shares of company stock valued at $448,742. 1.50% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Bank of America cut their price target on shares of Vital Energy from $33.00 to $27.00 and set an “underperform” rating for the company in a research note on Tuesday, April 1st. JPMorgan Chase & Co. dropped their price objective on shares of Vital Energy from $34.00 to $23.00 and set an “underweight” rating on the stock in a research report on Thursday, March 13th. Truist Financial dropped their price objective on shares of Vital Energy from $49.00 to $47.00 and set a “buy” rating on the stock in a research report on Friday, February 21st. Raymond James dropped their price objective on shares of Vital Energy from $44.00 to $30.00 and set an “outperform” rating on the stock in a research report on Monday, March 10th. Finally, Citigroup lowered shares of Vital Energy to a “reduce” rating in a research report on Wednesday, March 5th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $30.36.

Vital Energy Company Profile

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.