Vital Energy, Inc. (NYSE:VTLE) Holdings Trimmed by Dana Investment Advisors Inc.

Dana Investment Advisors Inc. lessened its holdings in shares of Vital Energy, Inc. (NYSE:VTLE - Free Report) by 5.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 210,808 shares of the company's stock after selling 12,071 shares during the period. Dana Investment Advisors Inc. owned 0.55% of Vital Energy worth $6,518,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of VTLE. State Street Corp lifted its holdings in shares of Vital Energy by 14.4% in the 3rd quarter. State Street Corp now owns 1,755,173 shares of the company's stock worth $47,214,000 after purchasing an additional 220,871 shares during the last quarter. Geode Capital Management LLC lifted its stake in Vital Energy by 2.9% in the third quarter. Geode Capital Management LLC now owns 633,017 shares of the company's stock valued at $17,031,000 after buying an additional 17,782 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in shares of Vital Energy by 6.5% during the third quarter. Victory Capital Management Inc. now owns 576,470 shares of the company's stock valued at $15,507,000 after acquiring an additional 35,133 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Vital Energy by 25.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 504,885 shares of the company's stock worth $15,611,000 after acquiring an additional 103,583 shares during the last quarter. Finally, Tributary Capital Management LLC increased its holdings in shares of Vital Energy by 45.0% in the 4th quarter. Tributary Capital Management LLC now owns 428,295 shares of the company's stock worth $13,243,000 after acquiring an additional 132,924 shares during the period. Institutional investors own 86.54% of the company's stock.

Remove Ads

Analyst Ratings Changes

A number of research firms have issued reports on VTLE. Wolfe Research raised shares of Vital Energy from an "underperform" rating to a "peer perform" rating in a research note on Friday, January 3rd. Mizuho increased their price objective on Vital Energy from $37.00 to $38.00 and gave the stock a "neutral" rating in a report on Tuesday, January 14th. Citigroup downgraded Vital Energy to a "reduce" rating in a research note on Wednesday, March 5th. JPMorgan Chase & Co. increased their price target on Vital Energy from $29.00 to $30.00 and gave the stock an "underweight" rating in a research note on Thursday, December 5th. Finally, Wells Fargo & Company lifted their price objective on shares of Vital Energy from $34.00 to $36.00 and gave the company an "equal weight" rating in a research note on Wednesday, January 15th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $41.00.

Vital Energy Price Performance

Shares of NYSE VTLE traded down $0.52 during trading on Monday, hitting $20.42. The company had a trading volume of 1,852,345 shares, compared to its average volume of 934,641. Vital Energy, Inc. has a 52 week low of $20.02 and a 52 week high of $58.30. The business's 50-day moving average is $31.74 and its 200 day moving average is $30.62. The company has a market cap of $778.43 million, a P/E ratio of -4.30 and a beta of 3.07. 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 - Get Free Report) last announced its earnings results on Wednesday, February 19th. The company reported $2.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.03 by $0.27. Vital Energy had a positive return on equity of 9.48% and a negative net margin of 8.89%. The company had revenue of $534.37 million for the quarter, compared to analyst estimates of $550.90 million. Equities research analysts predict that Vital Energy, Inc. will post 8.49 earnings per share for the current fiscal year.

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.