Vitesse Energy, Inc. (NYSE:VTS) Shares Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC increased its position in shares of Vitesse Energy, Inc. (NYSE:VTS) by 2,301.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,369 shares of the company’s stock after purchasing an additional 1,312 shares during the quarter. International Assets Investment Management LLC’s holdings in Vitesse Energy were worth $33,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP lifted its position in shares of Vitesse Energy by 18.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 910,824 shares of the company’s stock worth $21,587,000 after buying an additional 144,166 shares during the last quarter. LSV Asset Management boosted its stake in Vitesse Energy by 2.2% in the second quarter. LSV Asset Management now owns 388,397 shares of the company’s stock valued at $9,205,000 after acquiring an additional 8,185 shares during the period. American Century Companies Inc. boosted its stake in Vitesse Energy by 267.2% in the second quarter. American Century Companies Inc. now owns 285,613 shares of the company’s stock valued at $6,769,000 after acquiring an additional 207,831 shares during the period. Bank of New York Mellon Corp raised its position in shares of Vitesse Energy by 2.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 277,465 shares of the company’s stock worth $6,576,000 after purchasing an additional 7,513 shares during the period. Finally, Ancora Advisors LLC lifted its holdings in shares of Vitesse Energy by 0.3% in the 1st quarter. Ancora Advisors LLC now owns 177,952 shares of the company’s stock worth $4,223,000 after purchasing an additional 578 shares during the last quarter. Institutional investors and hedge funds own 51.63% of the company’s stock.

Insider Buying and Selling

In other Vitesse Energy news, CEO Robert W. Gerrity purchased 10,000 shares of the stock in a transaction dated Friday, September 13th. The shares were bought at an average cost of $24.73 per share, with a total value of $247,300.00. Following the completion of the acquisition, the chief executive officer now owns 495,311 shares of the company’s stock, valued at approximately $12,249,041.03. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 15.80% of the company’s stock.

Vitesse Energy Trading Down 1.3 %

Shares of NYSE:VTS opened at $27.26 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.75 and a debt-to-equity ratio of 0.20. The company’s 50-day moving average price is $25.00 and its 200 day moving average price is $24.58. The company has a market cap of $805.26 million, a PE ratio of 18.67 and a beta of 0.22. Vitesse Energy, Inc. has a fifty-two week low of $19.63 and a fifty-two week high of $27.85.

Vitesse Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be given a dividend of $0.525 per share. The ex-dividend date is Monday, December 16th. This represents a $2.10 annualized dividend and a dividend yield of 7.70%. Vitesse Energy’s dividend payout ratio is presently 143.84%.

Analyst Upgrades and Downgrades

Separately, Alliance Global Partners downgraded Vitesse Energy from a “buy” rating to a “neutral” rating and set a $26.00 price objective for the company. in a research note on Wednesday.

Vitesse Energy Company Profile

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.