Quadrature Capital Ltd Takes $265,000 Position in Vital Energy, Inc. (NYSE:VTLE)

Quadrature Capital Ltd purchased a new stake in shares of Vital Energy, Inc. (NYSE:VTLE) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 5,812 shares of the company’s stock, valued at approximately $265,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. First Eagle Investment Management LLC purchased a new position in shares of Vital Energy during the 4th quarter valued at $7,306,000. Vanguard Group Inc. lifted its position in shares of Vital Energy by 9.5% in the third quarter. Vanguard Group Inc. now owns 1,319,403 shares of the company’s stock valued at $73,121,000 after acquiring an additional 114,629 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Vital Energy by 27.5% in the third quarter. Invesco Ltd. now owns 516,299 shares of the company’s stock worth $28,613,000 after acquiring an additional 111,320 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Vital Energy by 9.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 801,129 shares of the company’s stock worth $36,445,000 after acquiring an additional 71,166 shares during the period. Finally, Smith Graham & Co. Investment Advisors LP grew its position in shares of Vital Energy by 62.4% during the fourth quarter. Smith Graham & Co. Investment Advisors LP now owns 180,641 shares of the company’s stock worth $8,217,000 after purchasing an additional 69,398 shares in the last quarter. Hedge funds and other institutional investors own 86.54% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on VTLE. Bank of America restated an “underperform” rating and issued a $46.00 price target on shares of Vital Energy in a research note on Friday, June 14th. KeyCorp raised their target price on shares of Vital Energy from $55.00 to $63.00 and gave the company an “overweight” rating in a research note on Monday, April 22nd. Piper Sandler decreased their price target on shares of Vital Energy from $54.00 to $52.00 and set a “neutral” rating on the stock in a research note on Friday, April 19th. JPMorgan Chase & Co. raised their price objective on Vital Energy from $48.00 to $51.00 and gave the company an “underweight” rating in a research report on Thursday, April 11th. Finally, Wells Fargo & Company reduced their target price on Vital Energy from $57.00 to $54.00 and set an “equal weight” rating on the stock in a report on Tuesday, May 14th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $59.30.

Vital Energy Trading Down 1.5 %

VTLE opened at $42.82 on Thursday. Vital Energy, Inc. has a 12 month low of $40.00 and a 12 month high of $62.87. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.75. The stock has a 50-day moving average of $48.44 and a 200 day moving average of $47.76. The firm has a market cap of $1.57 billion, a P/E ratio of 1.77 and a beta of 3.21.

Vital Energy (NYSE:VTLE) last released its earnings results on Wednesday, May 8th. The company reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.78 by $0.13. The firm had revenue of $482.34 million for the quarter, compared to the consensus estimate of $454.97 million. Vital Energy had a return on equity of 14.22% and a net margin of 30.34%. As a group, research analysts forecast that Vital Energy, Inc. will post 7.97 EPS for the current 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.