Jane Street Group LLC Has $1.45 Million Stock Holdings in Vitesse Energy, Inc. (NYSE:VTS)

Jane Street Group LLC raised its holdings in shares of Vitesse Energy, Inc. (NYSE:VTS) by 14.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 58,179 shares of the company’s stock after purchasing an additional 7,411 shares during the quarter. Jane Street Group LLC owned approximately 0.20% of Vitesse Energy worth $1,454,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of VTS. Dimensional Fund Advisors LP grew its position in Vitesse Energy by 12.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,161,250 shares of the company’s stock valued at $29,031,000 after acquiring an additional 125,988 shares during the last quarter. American Century Companies Inc. grew its position in Vitesse Energy by 18.6% in the fourth quarter. American Century Companies Inc. now owns 614,078 shares of the company’s stock valued at $15,352,000 after acquiring an additional 96,463 shares during the last quarter. GoodHaven Capital Management LLC grew its position in Vitesse Energy by 8.0% in the fourth quarter. GoodHaven Capital Management LLC now owns 530,865 shares of the company’s stock valued at $13,272,000 after acquiring an additional 39,340 shares during the last quarter. JPMorgan Chase & Co. grew its position in Vitesse Energy by 10.5% in the fourth quarter. JPMorgan Chase & Co. now owns 267,243 shares of the company’s stock valued at $6,681,000 after acquiring an additional 25,482 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in Vitesse Energy by 0.6% in the fourth quarter. Bank of New York Mellon Corp now owns 264,442 shares of the company’s stock valued at $6,611,000 after acquiring an additional 1,566 shares during the last quarter. Institutional investors and hedge funds own 51.63% of the company’s stock.

Vitesse Energy Stock Performance

Shares of VTS stock opened at $22.29 on Tuesday. The business’s 50 day simple moving average is $22.11 and its 200 day simple moving average is $24.85. Vitesse Energy, Inc. has a one year low of $18.90 and a one year high of $28.41. The stock has a market capitalization of $860.71 million, a PE ratio of 15.27 and a beta of 0.67. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.75 and a quick ratio of 0.75.

Vitesse Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 16th will be paid a $0.5625 dividend. This represents a $2.25 annualized dividend and a yield of 10.09%. The ex-dividend date of this dividend is Monday, June 16th. Vitesse Energy’s dividend payout ratio (DPR) is presently 284.81%.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Roth Mkm boosted their price target on Vitesse Energy from $30.50 to $33.00 and gave the stock a “buy” rating in a report on Wednesday, April 2nd. Alliance Global Partners assumed coverage on Vitesse Energy in a report on Wednesday, May 14th. They set a “buy” rating and a $26.00 price target on the stock. Finally, Evercore ISI restated an “in-line” rating and set a $28.00 price target on shares of Vitesse Energy in a report on Wednesday, March 19th. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $29.50.

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.