GSA Capital Partners LLP Purchases 26,089 Shares of Vital Energy, Inc. (NYSE:VTLE)

GSA Capital Partners LLP grew its holdings in shares of Vital Energy, Inc. (NYSE:VTLE) by 153.9% in the third quarter, HoldingsChannel.com reports. The fund owned 43,037 shares of the company’s stock after acquiring an additional 26,089 shares during the quarter. GSA Capital Partners LLP’s holdings in Vital Energy were worth $1,158,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in VTLE. ProShare Advisors LLC increased its holdings in Vital Energy by 7.3% in the first quarter. ProShare Advisors LLC now owns 4,740 shares of the company’s stock worth $249,000 after purchasing an additional 324 shares in the last quarter. Arizona State Retirement System increased its stake in shares of Vital Energy by 5.4% in the 2nd quarter. Arizona State Retirement System now owns 6,670 shares of the company’s stock valued at $299,000 after acquiring an additional 342 shares in the last quarter. Versor Investments LP lifted its position in shares of Vital Energy by 2.8% during the 3rd quarter. Versor Investments LP now owns 14,900 shares of the company’s stock valued at $401,000 after acquiring an additional 400 shares during the period. State of Alaska Department of Revenue boosted its stake in Vital Energy by 2.7% during the third quarter. State of Alaska Department of Revenue now owns 15,392 shares of the company’s stock worth $414,000 after acquiring an additional 409 shares in the last quarter. Finally, CWM LLC boosted its stake in Vital Energy by 400.9% during the second quarter. CWM LLC now owns 581 shares of the company’s stock worth $26,000 after acquiring an additional 465 shares in the last quarter. 86.54% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Truist Financial dropped their price objective on shares of Vital Energy from $66.00 to $48.00 and set a “buy” rating on the stock in a report on Monday, September 30th. Wolfe Research began coverage on Vital Energy in a research note on Thursday, July 18th. They set an “underperform” rating and a $50.00 price target on the stock. KeyCorp cut Vital Energy from an “overweight” rating to a “sector weight” rating in a research note on Friday, August 16th. BMO Capital Markets lowered their target price on Vital Energy from $48.00 to $40.00 and set a “market perform” rating on the stock in a research report on Friday, October 4th. Finally, Mizuho reduced their price target on shares of Vital Energy from $42.00 to $39.00 and set a “neutral” rating for the company in a research report on Thursday, October 10th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $47.83.

Vital Energy Stock Performance

Shares of VTLE stock opened at $31.16 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.67 and a quick ratio of 0.67. The firm has a 50-day moving average of $28.38 and a 200-day moving average of $38.34. Vital Energy, Inc. has a one year low of $25.85 and a one year high of $58.30. The company has a market cap of $1.19 billion, a P/E ratio of 2.18 and a beta of 3.16.

Vital Energy (NYSE:VTLE) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $1.61 EPS for the quarter, beating the consensus estimate of $1.46 by $0.15. Vital Energy had a net margin of 25.09% and a return on equity of 9.05%. The firm had revenue of $459.23 million during the quarter, compared to analyst estimates of $461.58 million. During the same quarter last year, the business posted $5.16 EPS. The company’s revenue for the quarter was up 5.4% on a year-over-year basis. Equities research analysts forecast that Vital Energy, Inc. will post 6.91 EPS for the current fiscal year.

Insider Buying and Selling

In other news, COO Kathryn Anne Hill sold 2,023 shares of the firm’s stock in a transaction that occurred on Tuesday, October 8th. The shares were sold at an average price of $30.22, for a total transaction of $61,135.06. Following the completion of the sale, the chief operating officer now owns 29,091 shares in the company, valued at $879,130.02. This trade represents a 6.50 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Bryan Lemmerman sold 10,000 shares of Vital Energy stock in a transaction that occurred on Thursday, October 10th. The stock was sold at an average price of $28.54, for a total transaction of $285,400.00. Following the completion of the sale, the chief financial officer now directly owns 77,516 shares in the company, valued at $2,212,306.64. This trade represents a 11.43 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 17,168 shares of company stock worth $502,017. 1.20% of the stock is owned by company insiders.

About Vital Energy

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.