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

Boston Partners cut its stake in shares of Vermilion Energy Inc. (NYSE:VET - Free Report) TSE: VET by 28.4% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 143,769 shares of the oil and gas company's stock after selling 57,032 shares during the period. Boston Partners owned about 0.09% of Vermilion Energy worth $1,165,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Russell Investments Group Ltd. lifted its position in Vermilion Energy by 5.0% during the first quarter. Russell Investments Group Ltd. now owns 167,574 shares of the oil and gas company's stock valued at $1,357,000 after purchasing an additional 8,018 shares in the last quarter. Nuveen LLC purchased a new position in Vermilion Energy during the first quarter valued at $1,109,000. Invesco Ltd. lifted its position in Vermilion Energy by 40.1% during the first quarter. Invesco Ltd. now owns 106,407 shares of the oil and gas company's stock valued at $862,000 after purchasing an additional 30,468 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Vermilion Energy by 764.1% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 699,900 shares of the oil and gas company's stock valued at $5,667,000 after acquiring an additional 618,900 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Vermilion Energy by 6.1% in the first quarter. Charles Schwab Investment Management Inc. now owns 701,870 shares of the oil and gas company's stock valued at $5,681,000 after acquiring an additional 40,586 shares in the last quarter. 31.91% of the stock is currently owned by hedge funds and other institutional investors.

Vermilion Energy Price Performance

Shares of NYSE:VET traded up $0.3350 during mid-day trading on Friday, reaching $7.5950. The stock had a trading volume of 932,586 shares, compared to its average volume of 898,502. 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 company has a market cap of $1.17 billion, a P/E ratio of -8.73 and a beta of 1.22. Vermilion Energy Inc. has a 1 year low of $5.14 and a 1 year high of $10.85. The business's 50 day moving average price is $7.75 and its 200 day moving average price is $7.48.

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

Vermilion Energy Cuts Dividend

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

Wall Street Analysts Forecast Growth

VET has been the topic of several research analyst reports. Desjardins upgraded Vermilion Energy from a "hold" rating to a "buy" rating in a research report on Thursday, June 5th. Wall Street Zen downgraded Vermilion Energy from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. National Bankshares restated an "outperform" rating on shares of Vermilion Energy in a research report on Friday, April 25th. Finally, BMO Capital Markets restated a "market perform" rating on shares of Vermilion Energy in a research report on Friday, August 8th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy".

Vermilion Energy Profile

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.