Barclays PLC Has $9.89 Million Stock Position in Vital Energy, Inc. (NYSE:VTLE)

Barclays PLC decreased its holdings in Vital Energy, Inc. (NYSE:VTLE - Free Report) by 5.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 319,707 shares of the company's stock after selling 18,968 shares during the period. Barclays PLC owned about 0.84% of Vital Energy worth $9,886,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of VTLE. Tributary Capital Management LLC raised 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 buying an additional 132,924 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Vital Energy during the 4th quarter worth approximately $4,022,000. Charles Schwab Investment Management Inc. grew its position in Vital Energy by 25.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 504,885 shares of the company's stock valued at $15,611,000 after buying an additional 103,583 shares during the last quarter. LPL Financial LLC increased its stake in shares of Vital Energy by 679.0% during the fourth quarter. LPL Financial LLC now owns 90,298 shares of the company's stock worth $2,792,000 after acquiring an additional 78,706 shares during the period. Finally, CenterBook Partners LP purchased a new position in shares of Vital Energy during the 4th quarter worth approximately $2,115,000. Institutional investors and hedge funds own 86.54% of the company's stock.

Insider Buying and Selling at Vital Energy

In other news, CFO Bryan Lemmerman sold 10,000 shares of Vital Energy stock in a transaction that occurred on 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder Richard D. Campbell purchased 5,000 shares of Vital Energy stock in a transaction that occurred on 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 transaction, the insider now owns 43,072 shares in the company, valued at $764,528. This represents a 13.13 % increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders have sold 21,647 shares of company stock valued at $448,742. Corporate insiders own 1.20% of the company's stock.

Vital Energy Price Performance

NYSE VTLE traded up $0.46 on Friday, reaching $15.80. 728,584 shares of the stock traded hands, compared to its average volume of 1,046,012. The firm's fifty day simple moving average is $20.17 and its 200 day simple moving average is $27.40. The company has a market cap of $611.49 million, a price-to-earnings ratio of -3.33 and a beta of 2.82. Vital Energy, Inc. has a 12 month low of $12.30 and a 12 month high of $55.87. The company has a quick ratio of 0.67, a current ratio of 0.78 and a debt-to-equity ratio of 0.91.

Vital Energy (NYSE:VTLE - Get Free Report) last released its earnings results on Wednesday, February 19th. The company reported $2.30 EPS for the quarter, topping analysts' consensus estimates of $2.03 by $0.27. The business had revenue of $534.37 million for the quarter, compared to the consensus estimate of $550.90 million. Vital Energy had a negative net margin of 8.89% and a positive return on equity of 9.48%. As a group, research analysts predict that Vital Energy, Inc. will post 8.49 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

VTLE has been the subject of several recent analyst reports. Piper Sandler reduced their price objective on shares of Vital Energy from $24.00 to $23.00 and set a "neutral" rating for the company in a research note on Tuesday. JPMorgan Chase & Co. lowered their price objective on Vital Energy from $34.00 to $23.00 and set an "underweight" rating for the company in a research report on Thursday, March 13th. Mizuho increased their price target on shares of Vital Energy from $37.00 to $38.00 and gave the stock a "neutral" rating in a research note on Tuesday, January 14th. Siebert Williams Shank cut Vital Energy from a "buy" rating to a "hold" rating and decreased their target price for the stock from $62.00 to $27.00 in a report on Wednesday, March 5th. Finally, Raymond James lowered their price target on Vital Energy from $44.00 to $30.00 and set an "outperform" rating for the company in a report on Monday, March 10th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat.com, Vital Energy presently has an average rating of "Hold" and a consensus target price of $32.36.

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.