Vitesse Power, Inc. (NYSE:VTS – Get Free Report) CEO Robert W. Gerrity purchased 10,000 shares of the agency’s inventory in a transaction on Friday, September thirteenth. The inventory was bought at a mean worth of $24.73 per share, with a complete worth of $247,300.00. Following the transaction, the chief government officer now owns 495,311 shares within the firm, valued at roughly $12,249,041.03. The acquisition was disclosed in a doc filed with the Securities & Trade Fee, which is out there at this hyperlink.
Vitesse Power Worth Efficiency
Shares of NYSE VTS opened at $24.47 on Wednesday. The inventory has a market cap of $720.76 million, a P/E ratio of 29.13 and a beta of 0.24. The agency’s 50-day easy shifting common is $24.82 and its 200 day easy shifting common is $24.13. Vitesse Power, Inc. has a fifty-two week low of $19.63 and a fifty-two week excessive of $26.68. The corporate has a fast ratio of 0.83, a present ratio of 0.83 and a debt-to-equity ratio of 0.22.
Vitesse Power (NYSE:VTS – Get Free Report) final launched its quarterly earnings outcomes on Monday, August fifth. The corporate reported $0.29 EPS for the quarter, lacking analysts’ consensus estimates of $0.30 by ($0.01). The corporate had income of $66.60 million for the quarter, in comparison with the consensus estimate of $63.89 million. Vitesse Power had a return on fairness of seven.94% and a web margin of 10.78%. Equities analysts anticipate that Vitesse Power, Inc. will put up 1.4 EPS for the present 12 months.
Vitesse Power Dividend Announcement
The corporate additionally lately introduced a quarterly dividend, which might be paid on Monday, September thirtieth. Shareholders of file on Monday, September sixteenth might be given a $0.525 dividend. The ex-dividend date is Monday, September sixteenth. This represents a $2.10 dividend on an annualized foundation and a yield of 8.58%. Vitesse Power’s dividend payout ratio (DPR) is 250.00%.
Hedge Funds Weigh In On Vitesse Power
Quite a few institutional buyers and hedge funds have lately added to or decreased their stakes in VTS. Dimensional Fund Advisors LP lifted its holdings in shares of Vitesse Power by 18.8% within the second quarter. Dimensional Fund Advisors LP now owns 910,824 shares of the corporate’s inventory valued at $21,587,000 after shopping for a further 144,166 shares through the interval. LSV Asset Administration lifted its holdings in Vitesse Power by 2.2% within the 2nd quarter. LSV Asset Administration now owns 388,397 shares of the corporate’s inventory valued at $9,205,000 after buying a further 8,185 shares over the last quarter. Cove Road Capital LLC lifted its holdings in Vitesse Power by 26.3% within the 1st quarter. Cove Road Capital LLC now owns 351,365 shares of the corporate’s inventory valued at $8,338,000 after buying a further 73,102 shares over the last quarter. GoodHaven Capital Administration LLC boosted its place in shares of Vitesse Power by 15.5% through the 4th quarter. GoodHaven Capital Administration LLC now owns 306,841 shares of the corporate’s inventory valued at $6,717,000 after buying a further 41,206 shares within the final quarter. Lastly, American Century Corporations Inc. grew its stake in shares of Vitesse Power by 267.2% within the 2nd quarter. American Century Corporations Inc. now owns 285,613 shares of the corporate’s inventory value $6,769,000 after buying a further 207,831 shares over the last quarter. 51.63% of the inventory is owned by institutional buyers.
Analyst Rankings Adjustments
Individually, Alliance World Companions decreased their worth goal on Vitesse Power from $28.00 to $26.00 and set a “purchase” score for the corporate in a analysis report on Wednesday, August seventh.
View Our Newest Analysis Report on VTS
Vitesse Power Firm Profile
Vitesse Power, Inc, along with its subsidiaries, engages within the acquisition, growth, and manufacturing of non-operated oil and pure gasoline properties in america. It owns and acquires non-operated working curiosity and royalty curiosity possession within the Williston Basin properties situated in North Dakota and Montana.
Additional Studying
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