Two Sigma Advisers LP raised its holdings in shares of Vermilion Energy Inc. (NYSE:VET - Free Report) TSE: VET by 13.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,181,076 shares of the oil and gas company's stock after acquiring an additional 141,000 shares during the period. Two Sigma Advisers LP owned approximately 0.77% of Vermilion Energy worth $11,102,000 as of its most recent SEC filing.
Other hedge funds have also recently added to or reduced their stakes in the company. Bank of Montreal Can raised its stake in Vermilion Energy by 10.4% during the 4th quarter. Bank of Montreal Can now owns 586,529 shares of the oil and gas company's stock valued at $5,514,000 after acquiring an additional 55,443 shares in the last quarter. Vanguard Group Inc. raised its stake in Vermilion Energy by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 6,066,063 shares of the oil and gas company's stock valued at $57,100,000 after acquiring an additional 86,425 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC raised its stake in Vermilion Energy by 26.1% during the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 1,109,501 shares of the oil and gas company's stock valued at $10,429,000 after acquiring an additional 229,900 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Vermilion Energy during the 4th quarter valued at $761,000. Finally, Russell Investments Group Ltd. raised its stake in shares of Vermilion Energy by 267.2% in the 4th quarter. Russell Investments Group Ltd. now owns 159,556 shares of the oil and gas company's stock worth $1,498,000 after buying an additional 116,102 shares in the last quarter. Institutional investors own 31.91% of the company's stock.
Vermilion Energy Price Performance
Shares of NYSE VET traded up $0.08 during mid-day trading on Wednesday, reaching $6.64. The company had a trading volume of 272,560 shares, compared to its average volume of 1,203,543. The company has a current ratio of 1.25, a quick ratio of 1.19 and a debt-to-equity ratio of 0.36. The stock has a market cap of $1.02 billion, a PE ratio of -1.78 and a beta of 1.12. The company has a 50-day moving average price of $6.70 and a two-hundred day moving average price of $8.40. Vermilion Energy Inc. has a 1-year low of $5.14 and a 1-year high of $12.56.
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). The company had revenue of $395.26 million during 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%. On average, equities analysts anticipate that Vermilion Energy Inc. will post 0.22 earnings per share for the current year.
Vermilion Energy Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were issued a dividend of $0.0903 per share. This is an increase from Vermilion Energy's previous quarterly dividend of $0.09. The ex-dividend date was Monday, March 31st. This represents a $0.36 dividend on an annualized basis and a dividend yield of 5.44%. Vermilion Energy's payout ratio is currently -225.00%.
Analyst Ratings Changes
VET has been the topic of a number of research reports. Wall Street Zen downgraded Vermilion Energy from a "buy" rating to a "hold" rating in a research note on Saturday, March 15th. Desjardins downgraded Vermilion Energy from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, March 18th. National Bankshares reissued an "outperform" rating on shares of Vermilion Energy in a research note on Friday, April 25th. Finally, Atb Cap Markets downgraded Vermilion Energy from a "strong-buy" rating to a "hold" rating in a research note on Thursday, February 13th. Four equities 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 currently has a consensus rating of "Hold".
Check Out Our Latest Stock Analysis on VET
Vermilion Energy Company Profile
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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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