Mackenzie Financial Corp Has $777,000 Position in Vermilion Energy Inc. (NYSE:VET)

Mackenzie Financial Corp decreased its position in shares of Vermilion Energy Inc. (NYSE:VET - Free Report) TSE: VET by 86.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 82,691 shares of the oil and gas company's stock after selling 521,222 shares during the quarter. Mackenzie Financial Corp owned about 0.05% of Vermilion Energy worth $777,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Larson Financial Group LLC lifted its stake in Vermilion Energy by 1,123.6% in the fourth quarter. Larson Financial Group LLC now owns 4,356 shares of the oil and gas company's stock valued at $41,000 after buying an additional 4,000 shares in the last quarter. Northern Trust Corp bought a new position in Vermilion Energy in the fourth quarter valued at approximately $94,000. Citizens Financial Group Inc. RI bought a new position in Vermilion Energy in the fourth quarter valued at approximately $103,000. Amundi raised its holdings in shares of Vermilion Energy by 74.0% in the fourth quarter. Amundi now owns 11,020 shares of the oil and gas company's stock valued at $104,000 after purchasing an additional 4,685 shares during the last quarter. Finally, Hsbc Holdings PLC acquired a new stake in shares of Vermilion Energy in the fourth quarter valued at approximately $104,000. Institutional investors own 31.91% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on VET. National Bankshares reiterated an "outperform" rating on shares of Vermilion Energy in a report on Friday, April 25th. Wall Street Zen downgraded shares of Vermilion Energy from a "buy" rating to a "hold" rating in a report on Saturday, March 15th. Atb Cap Markets downgraded shares of Vermilion Energy from a "strong-buy" rating to a "hold" rating in a report on Thursday, February 13th. Finally, Desjardins downgraded shares of Vermilion Energy from a "moderate buy" rating to a "hold" rating in a report on Tuesday, March 18th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold".

Vermilion Energy Stock Up 1.4%

VET traded up $0.10 during trading on Thursday, reaching $6.77. 834,386 shares of the stock were exchanged, compared to its average volume of 1,214,907. The stock has a market cap of $1.04 billion, a P/E ratio of -1.81 and a beta of 1.12. Vermilion Energy Inc. has a twelve month low of $5.14 and a twelve month high of $11.92. The stock's 50 day moving average price is $6.51 and its two-hundred day moving average price is $8.29. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.19 and a current ratio of 1.25.

Vermilion Energy (NYSE:VET - Get Free Report) TSE: VET last issued its earnings results on Wednesday, May 7th. The oil and gas company reported $0.07 earnings per share for the quarter, missing analysts' consensus estimates of $0.17 by ($0.10). The firm had revenue of $395.26 million for the quarter, compared to analyst estimates of $569.00 million. Vermilion Energy had a positive return on equity of 6.29% and a negative net margin of 41.53%. Equities analysts expect that Vermilion Energy Inc. will post 0.22 EPS for the current year.

Vermilion Energy Company 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.