Bfsg LLC Acquires New Stake in Vitesse Energy, Inc. (NYSE:VTS)

Bfsg LLC acquired a new stake in shares of Vitesse Energy, Inc. (NYSE:VTS) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,591 shares of the company’s stock, valued at approximately $35,000.

A number of other large investors have also made changes to their positions in the stock. Gabelli Funds LLC boosted its stake in shares of Vitesse Energy by 0.7% during the third quarter. Gabelli Funds LLC now owns 69,341 shares of the company’s stock valued at $1,587,000 after acquiring an additional 500 shares during the last quarter. Oppenheimer & Co. Inc. boosted its stake in Vitesse Energy by 1.9% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 28,953 shares of the company’s stock worth $663,000 after buying an additional 537 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in Vitesse Energy by 6.5% in the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 17,750 shares of the company’s stock worth $389,000 after buying an additional 1,084 shares during the last quarter. International Assets Investment Management LLC boosted its stake in Vitesse Energy by 2,089.5% in the 4th quarter. International Assets Investment Management LLC now owns 1,248 shares of the company’s stock worth $27,000 after buying an additional 1,191 shares during the last quarter. Finally, Quent Capital LLC boosted its stake in Vitesse Energy by 41.6% in the 4th quarter. Quent Capital LLC now owns 4,378 shares of the company’s stock worth $96,000 after buying an additional 1,286 shares during the last quarter. Institutional investors and hedge funds own 51.63% of the company’s stock.

Vitesse Energy Stock Up 0.2 %

Shares of NYSE:VTS opened at $22.77 on Friday. The stock’s 50-day moving average price is $23.09 and its two-hundred day moving average price is $22.63. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.97 and a quick ratio of 0.97. Vitesse Energy, Inc. has a 12-month low of $16.83 and a 12-month high of $27.39.

Vitesse Energy (NYSE:VTS) last issued its quarterly 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 return on equity of 2.89% and a negative net margin of 9.22%. The business had revenue of $69.30 million during the quarter, compared to analyst estimates of $63.83 million. As a group, equities analysts expect that Vitesse Energy, Inc. will post 1.27 EPS for the current fiscal year.

Vitesse Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were issued a $0.50 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 8.78%. Vitesse Energy’s dividend payout ratio (DPR) is -263.16%.

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.