Nuveen LLC Purchases New Shares in Vermilion Energy Inc. $VET

Nuveen LLC acquired a new stake in Vermilion Energy Inc. (NYSE:VET - Free Report) TSE: VET in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 136,983 shares of the oil and gas company's stock, valued at approximately $1,109,000. Nuveen LLC owned about 0.09% of Vermilion Energy as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Man Group plc raised its position in shares of Vermilion Energy by 58.4% in the 4th quarter. Man Group plc now owns 731,359 shares of the oil and gas company's stock valued at $6,875,000 after purchasing an additional 269,692 shares during the last quarter. Intact Investment Management Inc. raised its position in shares of Vermilion Energy by 76.9% in the 1st quarter. Intact Investment Management Inc. now owns 680,000 shares of the oil and gas company's stock valued at $5,506,000 after purchasing an additional 295,500 shares during the last quarter. Drum Hill Capital LLC raised its position in shares of Vermilion Energy by 130.6% in the 1st quarter. Drum Hill Capital LLC now owns 310,128 shares of the oil and gas company's stock valued at $2,512,000 after purchasing an additional 175,631 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Vermilion Energy by 5.7% in the 1st quarter. Vanguard Group Inc. now owns 6,412,741 shares of the oil and gas company's stock valued at $51,918,000 after purchasing an additional 346,678 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. purchased a new position in shares of Vermilion Energy in the 1st quarter valued at approximately $166,000. 31.91% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Vermilion Energy Stock Performance

VET traded up $0.01 during trading on Thursday, reaching $7.50. 662,538 shares of the company's stock were exchanged, compared to its average volume of 1,235,505. Vermilion Energy Inc. has a 1 year low of $5.14 and a 1 year high of $10.85. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.94 and a quick ratio of 1.84. The stock has a market capitalization of $1.15 billion, a P/E ratio of -8.61 and a beta of 1.27. The company's fifty day simple moving average is $7.70 and its 200-day simple moving average is $7.40.

Vermilion Energy (NYSE:VET - Get Free Report) TSE: VET last posted its quarterly earnings results on Thursday, August 7th. The oil and gas company reported ($0.20) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.14). The business had revenue of $392.33 million for 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%. As a group, research analysts predict that Vermilion Energy Inc. will post 0.22 earnings per share for the current fiscal year.

Vermilion Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Monday, September 29th will be issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 6.9%. The ex-dividend date of this dividend is Monday, September 29th. Vermilion Energy's payout ratio is -43.68%.

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.