Man Group plc grew its holdings in shares of Vermilion Energy Inc. (NYSE:VET - Free Report) TSE: VET by 58.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 731,359 shares of the oil and gas company's stock after acquiring an additional 269,692 shares during the quarter. Man Group plc owned 0.47% of Vermilion Energy worth $6,875,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. Blue Trust Inc. raised its stake in Vermilion Energy by 45.6% during the 4th quarter. Blue Trust Inc. now owns 20,382 shares of the oil and gas company's stock valued at $199,000 after buying an additional 6,386 shares during the last quarter. Vontobel Holding Ltd. grew its position in Vermilion Energy by 11.4% in the fourth quarter. Vontobel Holding Ltd. now owns 92,500 shares of the oil and gas company's stock worth $870,000 after acquiring an additional 9,500 shares in the last quarter. Truist Financial Corp purchased a new stake in Vermilion Energy during the 4th quarter valued at $119,000. Alberta Investment Management Corp grew its holdings in Vermilion Energy by 12.8% during the 4th quarter. Alberta Investment Management Corp now owns 719,000 shares of the oil and gas company's stock valued at $6,764,000 after purchasing an additional 81,500 shares during the last quarter. Finally, Drum Hill Capital LLC purchased a new position in Vermilion Energy during the 4th quarter valued at $1,264,000. 31.91% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several analysts recently weighed in on VET shares. Desjardins downgraded Vermilion Energy from a "moderate buy" rating to a "hold" rating in a report on Tuesday, March 18th. Wall Street Zen lowered Vermilion Energy from a "buy" rating to a "hold" rating in a research note on Saturday, March 15th. National Bankshares reiterated an "outperform" rating on shares of Vermilion Energy in a report on Friday, April 25th. Finally, Atb Cap Markets cut shares of Vermilion Energy from a "strong-buy" rating to a "hold" rating in a report on Thursday, February 13th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold".
View Our Latest Analysis on VET
Vermilion Energy Stock Down 0.1%
Shares of VET stock traded down $0.01 during trading hours on Friday, reaching $6.39. The company had a trading volume of 1,743,206 shares, compared to its average volume of 1,205,583. 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 Inc. has a twelve month low of $5.14 and a twelve month high of $12.56. The stock's fifty day simple moving average is $6.76 and its 200 day simple moving average is $8.44. The company has a market capitalization of $984.42 million, a P/E ratio of -1.71 and a beta of 1.12.
Vermilion Energy (NYSE:VET - Get Free Report) TSE: VET last posted its quarterly earnings results on Wednesday, May 7th. The oil and gas company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate 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 negative net margin of 41.53% and a positive return on equity of 6.29%. As a group, sell-side analysts expect that Vermilion Energy Inc. will post 0.22 earnings per share for the current fiscal year.
Vermilion Energy Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a dividend of $0.0903 per share. This represents a $0.36 annualized dividend and a yield of 5.66%. This is a boost from Vermilion Energy's previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Monday, March 31st. Vermilion Energy's payout ratio is presently -225.00%.
Vermilion Energy Company Profile
(
Free Report)
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.
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