Free Trial

Voloridge Investment Management LLC Purchases 261,353 Shares of Vermilion Energy Inc. (NYSE:VET)

Vermilion Energy logo with Energy background

Voloridge Investment Management LLC raised its holdings in shares of Vermilion Energy Inc. (NYSE:VET - Free Report) TSE: VET by 38.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 937,415 shares of the oil and gas company's stock after purchasing an additional 261,353 shares during the quarter. Voloridge Investment Management LLC owned 0.61% of Vermilion Energy worth $8,812,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in VET. Vident Advisory LLC grew its position in shares of Vermilion Energy by 107.6% in the 4th quarter. Vident Advisory LLC now owns 68,258 shares of the oil and gas company's stock worth $642,000 after buying an additional 35,381 shares during the last quarter. Two Sigma Advisers LP raised its stake in shares of Vermilion Energy by 13.6% during the 4th quarter. Two Sigma Advisers LP now owns 1,181,076 shares of the oil and gas company's stock worth $11,102,000 after acquiring an additional 141,000 shares in the last quarter. Two Sigma Investments LP raised its stake in shares of Vermilion Energy by 0.5% during 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 in the last quarter. State of Wyoming raised its stake in shares of Vermilion Energy by 216.9% during the 4th quarter. State of Wyoming now owns 16,528 shares of the oil and gas company's stock worth $155,000 after acquiring an additional 11,312 shares in the last quarter. Finally, Toronto Dominion Bank grew its position in Vermilion Energy by 16.0% during the 4th quarter. Toronto Dominion Bank now owns 182,196 shares of the oil and gas company's stock worth $1,713,000 after purchasing an additional 25,171 shares during the last quarter. 31.91% of the stock is currently owned by institutional investors.

Vermilion Energy Stock Performance

VET traded down $0.20 during trading on Friday, hitting $6.45. The stock had a trading volume of 442,691 shares, compared to its average volume of 1,203,149. The firm has a market capitalization of $993.82 million, a P/E ratio of -1.73 and a beta of 1.12. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.19 and a current ratio of 1.25. The company's 50-day moving average price is $6.63 and its 200 day moving average price is $8.37. Vermilion Energy Inc. has a twelve month low of $5.14 and a twelve month high of $12.49.

Vermilion Energy (NYSE:VET - Get Free Report) TSE: VET last issued its quarterly earnings data on Wednesday, May 7th. The oil and gas company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.10). Vermilion Energy had a negative net margin of 41.53% and a positive return on equity of 6.29%. The firm had revenue of $395.26 million during the quarter, compared to analyst estimates of $569.00 million. On average, equities research analysts forecast that Vermilion Energy Inc. will post 0.22 EPS for the current fiscal year.

Vermilion Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were paid a dividend of $0.0903 per share. This is a boost from Vermilion Energy's previous quarterly dividend of $0.09. This represents a $0.36 dividend on an annualized basis and a dividend yield of 5.60%. The ex-dividend date of this dividend was Monday, March 31st. Vermilion Energy's payout ratio is currently -225.00%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on VET shares. National Bankshares reaffirmed an "outperform" rating on shares of Vermilion Energy in a report on Friday, April 25th. Atb Cap Markets cut shares of Vermilion Energy from a "strong-buy" rating to a "hold" rating in a research report on Thursday, February 13th. Wall Street Zen lowered shares of Vermilion Energy from a "buy" rating to a "hold" rating in a research note on Saturday, March 15th. Finally, Desjardins lowered shares of Vermilion Energy from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, March 18th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold".

Check Out Our Latest Stock Report on Vermilion Energy

About Vermilion Energy

(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.

Featured Articles

Institutional Ownership by Quarter for Vermilion Energy (NYSE:VET)

Should You Invest $1,000 in Vermilion Energy Right Now?

Before you consider Vermilion Energy, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Vermilion Energy wasn't on the list.

While Vermilion Energy currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

20 Stocks to Sell Now Cover

Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.

Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA’s Secret Picks? 3 Stocks Rising With the AI Giant
NVIDIA Earnings Preview: HUGE Stock Move Ahead
These 5 Small Stocks Could Deliver Huge Returns

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines