Vermilion Energy Inc. $VET Shares Purchased by Vanguard Personalized Indexing Management LLC

Key Points

• Vanguard Personalized Indexing Management LLC significantly increased its stake in Vermilion Energy Inc. by 160.0% during the second quarter, now holding 57,728 shares valued at $420,000.
• Vermilion Energy's stock has recently been reported at $7.36, with a market cap of $1.13 billion and a twelve-month high of $10.85.
• The company announced a quarterly dividend of $0.13 per share, representing an annualized yield of 7.1%, with a current payout ratio of -43.68%.

Vanguard Personalized Indexing Management LLC raised its holdings in Vermilion Energy Inc. (NYSE:VET - Free Report) TSE: VET by 160.0% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 57,728 shares of the oil and gas company's stock after acquiring an additional 35,525 shares during the period. Vanguard Personalized Indexing Management LLC's holdings in Vermilion Energy were worth $420,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of VET. Cambridge Investment Research Advisors Inc. acquired a new position in Vermilion Energy in the 1st quarter valued at $166,000. Drum Hill Capital LLC raised its holdings in 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 acquiring an additional 175,631 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in Vermilion Energy by 24.2% in the 1st quarter. Envestnet Asset Management Inc. now owns 123,397 shares of the oil and gas company's stock valued at $1,000,000 after acquiring an additional 24,079 shares during the last quarter. Pekin Hardy Strauss Inc. acquired a new position in Vermilion Energy in the 1st quarter valued at $160,000. Finally, Y Intercept Hong Kong Ltd raised its holdings in Vermilion Energy by 45.2% in 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 acquiring an additional 6,538 shares during the last quarter. 31.91% of the stock is currently owned by institutional investors and hedge funds.

Vermilion Energy Stock Up 1.7%

Shares of Vermilion Energy stock opened at $7.36 on Thursday. The company has a fifty day moving average price of $7.66 and a 200 day moving average price of $7.32. The company has a current ratio of 1.94, a quick ratio of 1.84 and a debt-to-equity ratio of 0.74. Vermilion Energy Inc. has a twelve month low of $5.14 and a twelve month high of $10.85. The stock has a market cap of $1.13 billion, a price-to-earnings ratio of -8.45 and a beta of 1.11.

Vermilion Energy (NYSE:VET - Get Free Report) TSE: VET last posted its quarterly earnings data on Thursday, August 7th. The oil and gas company reported ($0.20) earnings per share for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.14). The firm had revenue of $392.33 million during the quarter, compared to analysts' expectations of $562.50 million. Vermilion Energy had a negative net margin of 9.29% and a positive return on equity of 0.17%. Equities research analysts forecast that Vermilion Energy Inc. will post 0.22 earnings per share for the current fiscal year.

Vermilion Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Monday, September 29th were given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 7.1%. The ex-dividend date of this dividend was Monday, September 29th. Vermilion Energy's dividend payout ratio is presently -43.68%.

Wall Street Analyst Weigh In

VET has been the subject of several analyst reports. Weiss Ratings reiterated a "sell (d-)" rating on shares of Vermilion Energy in a report on Wednesday, October 8th. TD Securities reissued a "buy" rating on shares of Vermilion Energy in a research note on Tuesday, September 30th. BMO Capital Markets reissued a "market perform" rating on shares of Vermilion Energy in a research note on Friday, August 8th. Scotiabank reissued a "sector perform" rating on shares of Vermilion Energy in a research note on Thursday, October 9th. Finally, Wall Street Zen cut shares of Vermilion Energy from a "hold" rating to a "sell" rating in a research note on Saturday, August 9th. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Vermilion Energy currently has a consensus rating of "Hold".

About Vermilion Energy

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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