Hussman Strategic Advisors Inc. Sells 35,500 Shares of Vital Energy, Inc. (NYSE:VTLE)

Hussman Strategic Advisors Inc. lessened its stake in shares of Vital Energy, Inc. (NYSE:VTLE) by 46.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 41,000 shares of the company’s stock after selling 35,500 shares during the period. Hussman Strategic Advisors Inc. owned about 0.14% of Vital Energy worth $1,865,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. ORG Partners LLC increased its holdings in Vital Energy by 100.0% during the fourth quarter. ORG Partners LLC now owns 570 shares of the company’s stock valued at $26,000 after buying an additional 285 shares during the period. BluePath Capital Management LLC purchased a new position in shares of Vital Energy in the 3rd quarter valued at $31,000. Ameritas Investment Partners Inc. bought a new position in shares of Vital Energy in the 2nd quarter worth $58,000. PNC Financial Services Group Inc. purchased a new stake in shares of Vital Energy during the 2nd quarter worth $67,000. Finally, Tower Research Capital LLC TRC bought a new stake in Vital Energy during the second quarter valued at about $71,000. 86.54% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on VTLE shares. KeyCorp boosted their target price on shares of Vital Energy from $55.00 to $63.00 and gave the stock an “overweight” rating in a report on Monday. Truist Financial reduced their price objective on shares of Vital Energy from $86.00 to $77.00 and set a “buy” rating for the company in a research note on Friday, April 5th. Raymond James increased their price objective on Vital Energy from $53.00 to $56.00 and gave the company an “outperform” rating in a report on Wednesday, January 24th. Mizuho raised their price objective on Vital Energy from $54.00 to $55.00 and gave the stock a “neutral” rating in a research report on Monday, April 15th. Finally, Stifel Nicolaus reduced their target price on Vital Energy from $86.00 to $70.00 and set a “buy” rating on the stock in a research report on Tuesday, January 23rd. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $58.90.

Vital Energy Stock Performance

Shares of NYSE VTLE opened at $53.79 on Monday. The company has a 50 day simple moving average of $50.87 and a two-hundred day simple moving average of $47.92. The stock has a market cap of $1.97 billion, a price-to-earnings ratio of 1.64 and a beta of 3.24. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.58. Vital Energy, Inc. has a 12 month low of $40.00 and a 12 month high of $62.87.

Vital Energy (NYSE:VTLE) last released its quarterly earnings data on Wednesday, February 21st. The company reported $2.55 earnings per share for the quarter, beating analysts’ consensus estimates of $2.44 by $0.11. Vital Energy had a return on equity of 17.60% and a net margin of 44.91%. The business had revenue of $444.52 million during the quarter, compared to analyst estimates of $440.85 million. During the same quarter last year, the business posted $3.49 EPS. The company’s revenue was up 22.1% on a year-over-year basis. As a group, analysts predict that Vital Energy, Inc. will post 9.48 earnings per share 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.