Marshall Wace LLP Reduces Holdings in Vital Energy, Inc. (NYSE:VTLE)

Marshall Wace LLP reduced its stake in Vital Energy, Inc. (NYSE:VTLE - Free Report) by 72.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 76,261 shares of the company's stock after selling 199,914 shares during the quarter. Marshall Wace LLP owned about 0.20% of Vital Energy worth $2,358,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Barclays PLC increased its stake in Vital Energy by 124.0% during the 3rd quarter. Barclays PLC now owns 338,675 shares of the company's stock valued at $9,110,000 after purchasing an additional 187,503 shares in the last quarter. Tributary Capital Management LLC increased its position 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 valued at $13,243,000 after acquiring an additional 132,924 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Vital Energy in the 4th quarter valued at $4,022,000. Charles Schwab Investment Management Inc. raised its stake 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 worth $15,611,000 after acquiring an additional 103,583 shares during the last quarter. Finally, LPL Financial LLC lifted its position in Vital Energy by 679.0% during the 4th 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. 86.54% of the stock is currently owned by institutional investors and hedge funds.

Vital Energy Price Performance

NYSE:VTLE opened at $15.80 on Friday. 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, Inc. has a 52 week low of $12.30 and a 52 week high of $55.87. The stock's 50-day moving average price is $20.17 and its 200-day moving average price is $27.39. The stock has a market capitalization of $611.49 million, a PE ratio of -3.33 and a beta of 2.82.

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Wells Fargo & Company cut their price objective on Vital Energy from $36.00 to $24.00 and set an "equal weight" rating on the stock in a report on Tuesday, March 25th. Truist Financial reduced their price target on shares of Vital Energy from $49.00 to $47.00 and set a "buy" rating for the company 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 report on Monday, March 10th. JPMorgan Chase & Co. reduced their target price on shares of Vital Energy from $34.00 to $23.00 and set an "underweight" rating for the company in a report on Thursday, March 13th. Finally, Siebert Williams Shank downgraded shares of Vital Energy from a "buy" rating to a "hold" rating and decreased their target price for the company from $62.00 to $27.00 in a research report on Wednesday, March 5th. Three equities 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. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $32.36.

Insider Activity at Vital Energy

In other news, major shareholder Richard D. Campbell acquired 5,000 shares of the stock in a transaction that occurred on Thursday, April 3rd. The shares were bought at an average cost of $17.75 per share, for a total transaction of $88,750.00. Following the acquisition, the insider now owns 43,072 shares in the company, valued at approximately $764,528. This represents a 13.13 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Bryan Lemmerman sold 10,000 shares of the business's stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $20.73, for a total value of $207,300.00. Following the sale, the chief financial officer now owns 97,556 shares of the company's stock, valued at approximately $2,022,335.88. This trade represents a 9.30 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 21,647 shares of company stock valued at $448,742. 1.20% of the stock is owned by company insiders.

Vital Energy 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.

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