Zurcher Kantonalbank Zurich Cantonalbank Has $150,000 Stake in Vitesse Energy, Inc. (NYSE:VTS)

Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Vitesse Energy, Inc. (NYSE:VTS) by 143.7% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,240 shares of the company’s stock after acquiring an additional 3,679 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Vitesse Energy were worth $150,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Heritage Wealth Management Inc. bought a new position in shares of Vitesse Energy in the second quarter worth about $503,000. Dimensional Fund Advisors LP lifted its holdings in shares of Vitesse Energy by 18.8% during the second 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. Harbor Capital Advisors Inc. boosted its position in shares of Vitesse Energy by 146.9% in the third quarter. Harbor Capital Advisors Inc. now owns 179,724 shares of the company’s stock valued at $4,317,000 after acquiring an additional 106,927 shares during the period. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Vitesse Energy in the second quarter valued at approximately $281,000. Finally, WINTON GROUP Ltd grew its stake in shares of Vitesse Energy by 57.5% in the second quarter. WINTON GROUP Ltd now owns 59,580 shares of the company’s stock worth $1,412,000 after acquiring an additional 21,754 shares during the last quarter. 51.63% of the stock is currently owned by institutional investors and hedge funds.

Vitesse Energy Stock Up 1.6 %

VTS stock opened at $27.27 on Tuesday. Vitesse Energy, Inc. has a twelve month low of $19.63 and a twelve month high of $28.41. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.20. The company has a market cap of $805.56 million, a PE ratio of 18.68 and a beta of 0.34. The business’s 50-day simple moving average is $26.34 and its 200 day simple moving average is $25.19.

Vitesse Energy Dividend Announcement

The company 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. This represents a $2.10 dividend on an annualized basis and a dividend yield of 7.70%. The ex-dividend date is Monday, December 16th. Vitesse Energy’s dividend payout ratio is presently 143.84%.

Wall Street Analysts Forecast Growth

Separately, Alliance Global Partners downgraded shares of Vitesse Energy from a “buy” rating to a “neutral” rating and set a $26.00 price target for the company. in a report on Wednesday, November 6th.

Insider Activity at Vitesse Energy

In other Vitesse Energy news, CEO Robert W. Gerrity bought 10,000 shares of the stock in a transaction that occurred on Friday, September 13th. The shares were acquired at an average price of $24.73 per share, with a total value of $247,300.00. Following the completion of the purchase, the chief executive officer now directly owns 495,311 shares in the company, valued at $12,249,041.03. The trade was a 2.06 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 15.80% of the stock is currently owned by corporate insiders.

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.