Vitesse Energy, Inc. (NYSE:VTS) Shares Bought by Mraz Amerine & Associates Inc.

Mraz Amerine & Associates Inc. raised its stake in Vitesse Energy, Inc. (NYSE:VTS) by 17.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 132,445 shares of the company’s stock after buying an additional 19,727 shares during the quarter. Vitesse Energy comprises about 0.6% of Mraz Amerine & Associates Inc.’s portfolio, making the stock its 26th biggest holding. Mraz Amerine & Associates Inc. owned about 0.46% of Vitesse Energy worth $2,899,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of VTS. BlackRock Inc. purchased a new stake in Vitesse Energy during the second quarter worth about $39,523,000. State Street Corp purchased a new stake in Vitesse Energy during the second quarter worth about $21,417,000. Nuveen Asset Management LLC purchased a new stake in Vitesse Energy during the second quarter worth about $14,708,000. Dimensional Fund Advisors LP purchased a new stake in Vitesse Energy during the second quarter worth about $10,856,000. Finally, Geode Capital Management LLC purchased a new stake in Vitesse Energy during the second quarter worth about $10,501,000. Institutional investors and hedge funds own 51.63% of the company’s stock.

Vitesse Energy Trading Down 1.3 %

NYSE:VTS traded down $0.31 on Wednesday, reaching $22.85. 230,011 shares of the company’s stock were exchanged, compared to its average volume of 230,010. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $672.93 million, a price-to-earnings ratio of -30.47 and a beta of -0.09. The business has a fifty day moving average of $22.81 and a 200-day moving average of $22.58. Vitesse Energy, Inc. has a 52-week low of $16.83 and a 52-week 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 for the quarter, compared to analysts’ expectations of $63.83 million. As a group, analysts expect that Vitesse Energy, Inc. will post 1.27 earnings per share for the current year.

Vitesse Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were paid a dividend of $0.50 per share. The ex-dividend date was Thursday, March 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 8.75%. Vitesse Energy’s payout ratio is -263.16%.

Vitesse Energy 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.