UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Lowers Position in Vermilion Energy Inc. (NYSE:VET)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its stake in Vermilion Energy Inc. (NYSE:VET - Free Report) TSE: VET by 25.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 100,635 shares of the oil and gas company's stock after selling 34,486 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.07% of Vermilion Energy worth $946,000 at the end of the most recent quarter.

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

Analyst Upgrades and Downgrades

Several research firms recently commented on VET. Wall Street Zen downgraded Vermilion Energy from a "buy" rating to a "hold" rating in a research note on Saturday, March 15th. National Bankshares reissued an "outperform" rating on shares of Vermilion Energy in a research note on Friday, April 25th. Finally, Desjardins raised Vermilion Energy from a "hold" rating to a "buy" rating in a research note on Thursday, June 5th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat, Vermilion Energy currently has an average rating of "Hold".

Vermilion Energy Trading Up 4.0%

Shares of VET traded up $0.32 during midday trading on Friday, reaching $8.24. The company had a trading volume of 2,465,442 shares, compared to its average volume of 1,241,455. Vermilion Energy Inc. has a 1-year low of $5.14 and a 1-year high of $11.52. The stock has a market cap of $1.27 billion, a PE ratio of -2.20 and a beta of 1.13. The firm has a 50 day simple moving average of $6.59 and a 200-day simple moving average of $8.14. The company has a quick ratio of 1.19, a current ratio of 1.25 and a debt-to-equity ratio of 0.36.

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 (EPS) for the quarter, missing analysts' consensus estimates of $0.17 by ($0.10). Vermilion Energy had a positive return on equity of 6.29% and a negative net margin of 41.53%. The company had revenue of $395.26 million during the quarter, compared to analyst estimates of $569.00 million. Research analysts forecast that Vermilion Energy Inc. will post 0.22 EPS for the current fiscal 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.