Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Vermilion Energy Inc. (NYSE:VET - Free Report) TSE: VET by 764.1% in the first quarter, according to its most recent filing with the SEC. The firm owned 699,900 shares of the oil and gas company's stock after acquiring an additional 618,900 shares during the quarter. Connor Clark & Lunn Investment Management Ltd. owned about 0.45% of Vermilion Energy worth $5,667,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Geode Capital Management LLC raised its position in Vermilion Energy by 4.8% during the fourth quarter. Geode Capital Management LLC now owns 80,484 shares of the oil and gas company's stock valued at $765,000 after buying an additional 3,668 shares during the period. Barclays PLC boosted its stake in shares of Vermilion Energy by 10.5% during the 4th quarter. Barclays PLC now owns 49,257 shares of the oil and gas company's stock worth $463,000 after acquiring an additional 4,676 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Vermilion Energy by 5.0% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 135,600 shares of the oil and gas company's stock worth $1,098,000 after acquiring an additional 6,518 shares in the last quarter. Y Intercept Hong Kong Ltd boosted its stake in Vermilion Energy by 45.2% during the 1st quarter. Y Intercept Hong Kong Ltd now owns 21,007 shares of the oil and gas company's stock valued at $170,000 after purchasing an additional 6,538 shares during the period. Finally, Two Sigma Investments LP lifted its position in shares of Vermilion Energy by 0.5% in the 4th quarter. Two Sigma Investments LP now owns 1,281,074 shares of the oil and gas company's stock worth $12,042,000 after acquiring an additional 6,765 shares during the period. Institutional investors and hedge funds own 31.91% of the company's stock.
Wall Street Analyst Weigh In
A number of analysts have recently commented on the company. BMO Capital Markets restated a "market perform" rating on shares of Vermilion Energy in a report on Friday, August 8th. Wall Street Zen downgraded Vermilion Energy from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. Desjardins upgraded Vermilion Energy from a "hold" rating to a "buy" rating in a research note on Thursday, June 5th. Finally, National Bankshares reiterated an "outperform" rating on shares of Vermilion Energy in a report on Friday, April 25th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat, Vermilion Energy currently has a consensus rating of "Hold".
Read Our Latest Stock Report on Vermilion Energy
Vermilion Energy Trading Down 0.2%
VET traded down $0.02 during trading on Thursday, reaching $7.32. 683,744 shares of the stock traded hands, compared to its average volume of 969,963. The company has a quick ratio of 0.64, a current ratio of 1.94 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $1.13 billion, a PE ratio of -8.41 and a beta of 1.22. The stock's 50-day moving average is $7.80 and its 200 day moving average is $7.58. Vermilion Energy Inc. has a 12 month low of $5.14 and a 12 month high of $10.85.
Vermilion Energy (NYSE:VET - Get Free Report) TSE: VET last released its quarterly earnings data 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 company had revenue of $392.33 million for the quarter, compared to the consensus estimate of $562.50 million. Vermilion Energy had a positive return on equity of 0.17% and a negative net margin of 9.29%. Equities analysts anticipate that Vermilion Energy Inc. will post 0.22 earnings per share for the current year.
Vermilion Energy Cuts Dividend
The business also recently disclosed a dividend, which was paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 1st were given a dividend of $0.13 per share. This represents a dividend yield of 466.0%. The ex-dividend date of this dividend was Monday, June 30th. Vermilion Energy's dividend payout ratio is -43.68%.
Vermilion Energy 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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