Marshall Wace LLP Purchases New Shares in Vermilion Energy Inc. (NYSE:VET)

Marshall Wace LLP purchased a new stake in shares of Vermilion Energy Inc. (NYSE:VET - Free Report) TSE: VET in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 159,973 shares of the oil and gas company's stock, valued at approximately $1,504,000. Marshall Wace LLP owned approximately 0.10% of Vermilion Energy at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in VET. Arrowstreet Capital Limited Partnership acquired a new stake in Vermilion Energy during the 4th quarter valued at $10,866,000. Royce & Associates LP grew its holdings in Vermilion Energy by 49.3% during the 4th quarter. Royce & Associates LP now owns 918,240 shares of the oil and gas company's stock worth $8,643,000 after acquiring an additional 303,370 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC grew its holdings 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 worth $10,429,000 after acquiring an additional 229,900 shares in the last quarter. Drum Hill Capital LLC acquired a new position in Vermilion Energy during the 4th quarter worth $1,264,000. Finally, Renaissance Group LLC grew its holdings in Vermilion Energy by 24.5% during the 4th quarter. Renaissance Group LLC now owns 662,663 shares of the oil and gas company's stock worth $6,229,000 after acquiring an additional 130,202 shares in the last quarter. 31.91% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have weighed in on VET shares. Atb Cap Markets lowered shares of Vermilion Energy from a "strong-buy" rating to a "hold" rating in a report on Thursday, February 13th. National Bankshares reissued an "outperform" rating on shares of Vermilion Energy in a report on Friday. StockNews.com lowered shares of Vermilion Energy from a "buy" rating to a "hold" rating in a report on Saturday, March 15th. Finally, Desjardins downgraded shares of Vermilion Energy from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, March 18th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, Vermilion Energy currently has an average rating of "Hold".

Vermilion Energy Trading Up 0.6 %

Shares of NYSE:VET opened at $6.45 on Tuesday. The company has a market cap of $994.44 million, a PE ratio of -1.72 and a beta of 1.43. The company's 50-day moving average price is $7.38 and its 200 day moving average price is $8.87. Vermilion Energy Inc. has a fifty-two week low of $5.14 and a fifty-two week high of $12.68. 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 Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a $0.0903 dividend. The ex-dividend date was Monday, March 31st. This is an increase from Vermilion Energy's previous quarterly dividend of $0.09. This represents a $0.36 annualized dividend and a yield of 5.60%. Vermilion Energy's dividend payout ratio (DPR) is currently -163.64%.

Vermilion Energy 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.

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