Quent Capital LLC Has $96,000 Stock Holdings in Vitesse Energy, Inc. (NYSE:VTS)

Quent Capital LLC raised its holdings in shares of Vitesse Energy, Inc. (NYSE:VTSFree Report) by 41.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,378 shares of the company’s stock after purchasing an additional 1,286 shares during the quarter. Quent Capital LLC’s holdings in Vitesse Energy were worth $96,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in Vitesse Energy by 2.6% during the 3rd quarter. Vanguard Group Inc. now owns 2,449,798 shares of the company’s stock worth $56,076,000 after buying an additional 62,599 shares during the period. BlackRock Inc. bought a new position in shares of Vitesse Energy in the second quarter worth $39,523,000. State Street Corp bought a new position in shares of Vitesse Energy in the second quarter worth $21,417,000. Nuveen Asset Management LLC bought a new position in shares of Vitesse Energy in the second quarter worth $14,708,000. Finally, Punch & Associates Investment Management Inc. increased its position in shares of Vitesse Energy by 4.8% in the third quarter. Punch & Associates Investment Management Inc. now owns 498,619 shares of the company’s stock worth $11,413,000 after purchasing an additional 22,957 shares during the period. Institutional investors and hedge funds own 51.63% of the company’s stock.

Vitesse Energy Stock Up 0.1 %

Shares of NYSE VTS opened at $23.73 on Monday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.97 and a current ratio of 0.97. Vitesse Energy, Inc. has a 52 week low of $16.83 and a 52 week high of $27.39. The stock has a market capitalization of $698.85 million, a P/E ratio of -31.22 and a beta of -0.09. The stock’s fifty day moving average is $22.21 and its 200 day moving average is $22.51.

Vitesse Energy (NYSE:VTSGet Free Report) last released its earnings results on Monday, February 26th. The company reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.07). Vitesse Energy had a negative net margin of 9.22% and a negative return on equity of 2.89%. The business had revenue of $69.30 million during the quarter, compared to the consensus estimate of $63.83 million. Sell-side analysts forecast that Vitesse Energy, Inc. will post 1.27 earnings per share for the current fiscal year.

Vitesse Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 8.43%. The ex-dividend date of this dividend was Thursday, March 14th. Vitesse Energy’s payout ratio is -263.16%.

Vitesse Energy Profile

(Free Report)

Vitesse Energy, Inc, together with its subsidiaries, engages in the acquisition, development, and production of non-operated oil and natural gas properties in the United States. It owns and acquires non-operated working interest and royalty interest ownership in the Williston Basin properties located in North Dakota and Montana.

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Institutional Ownership by Quarter for Vitesse Energy (NYSE:VTS)

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