Vital Energy, Inc. (NYSE:VTLE) Shares Sold by Hussman Strategic Advisors Inc.

Hussman Strategic Advisors Inc. reduced its position in Vital Energy, Inc. (NYSE:VTLE - Free Report) by 46.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,000 shares of the company's stock after selling 35,500 shares during the quarter. Hussman Strategic Advisors Inc. owned approximately 0.14% of Vital Energy worth $1,865,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the company. Vanguard Group Inc. grew its holdings in Vital Energy by 9.5% during the 3rd quarter. Vanguard Group Inc. now owns 1,319,403 shares of the company's stock valued at $73,121,000 after buying an additional 114,629 shares in the last quarter. Invesco Ltd. lifted its stake in Vital Energy by 27.5% in the 3rd quarter. Invesco Ltd. now owns 516,299 shares of the company's stock worth $28,613,000 after purchasing an additional 111,320 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of Vital Energy by 13.9% during the 3rd quarter. American Century Companies Inc. now owns 253,098 shares of the company's stock valued at $14,027,000 after purchasing an additional 30,960 shares during the last quarter. 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 valued at $8,217,000 after purchasing an additional 69,398 shares in the last quarter. Finally, UBS Group AG increased its holdings in shares of Vital Energy by 12.8% in the third quarter. UBS Group AG now owns 147,082 shares of the company's stock worth $8,151,000 after purchasing an additional 16,671 shares during the last quarter. 86.54% of the stock is currently owned by institutional investors.

Vital Energy Stock Up 1.5 %

Vital Energy stock traded up $0.78 during trading hours on Monday, reaching $54.57. The stock had a trading volume of 402,214 shares, compared to its average volume of 756,938. Vital Energy, Inc. has a 52 week low of $40.00 and a 52 week high of $62.87. The company has a market cap of $2.00 billion, a price-to-earnings ratio of 1.66 and a beta of 3.24. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.62 and a quick ratio of 0.62. The business's 50 day moving average price is $51.07 and its 200-day moving average price is $47.98.

Vital Energy (NYSE:VTLE - Get Free Report) last issued its quarterly earnings data on Wednesday, February 21st. The company reported $2.55 EPS for the quarter, beating the consensus estimate of $2.44 by $0.11. Vital Energy had a return on equity of 17.60% and a net margin of 44.91%. The firm had revenue of $444.52 million during the quarter, compared to analyst estimates of $440.85 million. During the same quarter in the prior year, the business posted $3.49 EPS. The business's revenue for the quarter was up 22.1% compared to the same quarter last year. Sell-side analysts anticipate that Vital Energy, Inc. will post 9.48 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Raymond James raised their price target on Vital Energy from $53.00 to $56.00 and gave the company an "outperform" rating in a report on Wednesday, January 24th. Stifel Nicolaus lowered their price objective on shares of Vital Energy from $86.00 to $70.00 and set a "buy" rating for the company in a research report on Tuesday, January 23rd. Piper Sandler reduced their target price on shares of Vital Energy from $54.00 to $52.00 and set a "neutral" rating on the stock in a report on Friday. JPMorgan Chase & Co. increased their price target on shares of Vital Energy from $48.00 to $51.00 and gave the company an "underweight" rating in a report on Thursday, April 11th. Finally, Truist Financial reduced their price objective on Vital Energy from $86.00 to $77.00 and set a "buy" rating on the stock in a research note on Friday, April 5th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, Vital Energy has a consensus rating of "Hold" and an average target price of $58.90.

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.