Boston Partners Sells 57,032 Shares of Vermilion Energy Inc. $VET

Boston Partners reduced its holdings in Vermilion Energy Inc. (NYSE:VET - Free Report) TSE: VET by 28.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 143,769 shares of the oil and gas company's stock after selling 57,032 shares during the period. Boston Partners owned approximately 0.09% of Vermilion Energy worth $1,165,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in VET. JPMorgan Chase & Co. increased its position in Vermilion Energy by 115.6% in the 4th quarter. JPMorgan Chase & Co. now owns 126,030 shares of the oil and gas company's stock worth $1,185,000 after buying an additional 67,581 shares during the period. Geode Capital Management LLC increased its position in Vermilion Energy by 4.8% in the 4th quarter. Geode Capital Management LLC now owns 80,484 shares of the oil and gas company's stock worth $765,000 after buying an additional 3,668 shares during the period. Russell Investments Group Ltd. increased its position in Vermilion Energy by 267.2% in the 4th quarter. Russell Investments Group Ltd. now owns 159,556 shares of the oil and gas company's stock worth $1,498,000 after buying an additional 116,102 shares during the period. Cerity Partners LLC bought a new position in Vermilion Energy in the 4th quarter worth approximately $122,000. Finally, Renaissance Technologies LLC bought a new position in Vermilion Energy in the 4th quarter worth approximately $114,000. 31.91% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on VET. BMO Capital Markets reissued a "market perform" rating on shares of Vermilion Energy in a report on Friday, August 8th. National Bankshares reissued an "outperform" rating on shares of Vermilion Energy in a research note on Friday, April 25th. Wall Street Zen lowered Vermilion Energy from a "hold" rating to a "sell" rating in a research note on Saturday, August 9th. Finally, Desjardins raised Vermilion Energy from a "hold" rating to a "buy" rating in a research note on Thursday, June 5th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, Vermilion Energy has a consensus rating of "Moderate Buy".

Vermilion Energy Stock Up 4.5%

Shares of VET stock traded up $0.3250 on Friday, hitting $7.5850. 660,029 shares of the stock were exchanged, compared to its average volume of 1,262,392. The company has a current ratio of 1.94, a quick ratio of 1.84 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $1.17 billion, a P/E ratio of -8.72 and a beta of 1.22. The business has a 50-day moving average of $7.76 and a 200 day moving average of $7.50. Vermilion Energy Inc. has a fifty-two week low of $5.14 and a fifty-two week high of $10.85.

Vermilion Energy (NYSE:VET - Get Free Report) TSE: VET last posted its quarterly earnings data on Thursday, August 7th. The oil and gas company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.14). Vermilion Energy had a positive return on equity of 0.17% and a negative net margin of 9.29%.The firm had revenue of $392.33 million for the quarter, compared to analyst estimates of $562.50 million. Equities analysts anticipate that Vermilion Energy Inc. will post 0.22 EPS for the current year.

Vermilion Energy Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 1st were paid a dividend of $0.13 per share. The ex-dividend date was Monday, June 30th. This represents a dividend yield of 466.0%. Vermilion Energy's dividend payout ratio (DPR) is -43.68%.

About Vermilion Energy

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas. The company has properties in West Central Alberta, southeast Saskatchewan, Manitoba, and West Pembina in Canada; Wyoming in the United States; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; and Australia.