Signaturefd LLC Has $159,000 Holdings in Vital Energy, Inc. (NYSE:VTLE)

Signaturefd LLC lifted its position in shares of Vital Energy, Inc. (NYSE:VTLE) by 121.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,151 shares of the company’s stock after buying an additional 2,825 shares during the quarter. Signaturefd LLC’s holdings in Vital Energy were worth $159,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of VTLE. First Horizon Advisors Inc. acquired a new stake in shares of Vital Energy during the third quarter worth $26,000. Nisa Investment Advisors LLC grew its holdings in Vital Energy by 276.9% in the fourth quarter. Nisa Investment Advisors LLC now owns 1,093 shares of the company’s stock worth $34,000 after purchasing an additional 803 shares during the period. R Squared Ltd acquired a new stake in Vital Energy in the fourth quarter worth $34,000. MassMutual Private Wealth & Trust FSB grew its holdings in Vital Energy by 247.4% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,553 shares of the company’s stock worth $48,000 after purchasing an additional 1,106 shares during the period. Finally, Generali Investments CEE investicni spolecnost a.s. acquired a new stake in Vital Energy in the fourth quarter worth $96,000. 86.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Siebert Williams Shank cut shares of Vital Energy from a “buy” rating to a “hold” rating and reduced their price target for the stock from $62.00 to $27.00 in a report on Wednesday, March 5th. Mizuho raised their price target on shares of Vital Energy from $37.00 to $38.00 and gave the stock a “neutral” rating in a report on Tuesday, January 14th. Williams Trading set a $27.00 price target on shares of Vital Energy in a report on Wednesday, March 5th. 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 report on Wednesday, January 15th. Finally, Truist Financial reduced their price objective on shares of Vital Energy from $49.00 to $47.00 and set a “buy” rating for the company in a report on Friday, February 21st. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $40.46.

Vital Energy Stock Down 2.7 %

VTLE opened at $22.15 on Friday. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.78 and a quick ratio of 0.67. The company’s 50-day moving average is $29.48 and its 200 day moving average is $29.64. Vital Energy, Inc. has a fifty-two week low of $19.85 and a fifty-two week high of $58.30. The firm has a market capitalization of $844.19 million, a P/E ratio of -4.66 and a beta of 3.07.

Vital Energy (NYSE:VTLE) last released its quarterly earnings results on Wednesday, February 19th. The company reported $2.30 earnings per share for the quarter, beating analysts’ consensus estimates 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 company had revenue of $534.37 million for the quarter, compared to analyst estimates of $550.90 million. Research analysts expect that Vital Energy, Inc. will post 8.49 earnings per share for the current fiscal year.

Insider Activity at Vital Energy

In other Vital Energy news, EVP Mark David Denny sold 5,974 shares of Vital Energy stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $20.73, for a total value of $123,841.02. Following the sale, the executive vice president now owns 42,494 shares of the company’s stock, valued at approximately $880,900.62. The trade was a 12.33 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Bryan Lemmerman sold 10,000 shares of Vital Energy stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $20.73, for a total transaction of $207,300.00. Following the completion of the sale, the chief financial officer now directly owns 97,556 shares in the company, valued at approximately $2,022,335.88. This represents a 9.30 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 21,647 shares of company stock valued at $448,742 over the last ninety days. Corporate insiders own 1.20% of the company’s stock.

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.