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Numerai GP LLC Buys New Stake in Vermilion Energy Inc. (NYSE:VET)

Vermilion Energy logo with Energy background

Numerai GP LLC acquired a new stake in shares of Vermilion Energy Inc. (NYSE:VET - Free Report) TSE: VET during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 139,606 shares of the oil and gas company's stock, valued at approximately $1,312,000. Numerai GP LLC owned approximately 0.09% of Vermilion Energy as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of VET. Millennium Management LLC boosted its stake in shares of Vermilion Energy by 14.5% in the fourth quarter. Millennium Management LLC now owns 7,293,449 shares of the oil and gas company's stock worth $68,608,000 after acquiring an additional 921,230 shares during the last quarter. Gotham Asset Management LLC raised its holdings in shares of Vermilion Energy by 256.4% in the 4th quarter. Gotham Asset Management LLC now owns 54,549 shares of the oil and gas company's stock worth $513,000 after purchasing an additional 39,242 shares during the period. Graham Capital Management L.P. increased its position in shares of Vermilion Energy by 64.4% in the 4th quarter. Graham Capital Management L.P. now owns 112,608 shares of the oil and gas company's stock worth $1,059,000 after purchasing an additional 44,112 shares during the last quarter. Deutsche Bank AG boosted its position in Vermilion Energy by 201.1% during the 4th quarter. Deutsche Bank AG now owns 34,179 shares of the oil and gas company's stock worth $321,000 after acquiring an additional 22,829 shares during the period. Finally, Cantor Fitzgerald L. P. purchased a new stake in shares of Vermilion Energy during the fourth quarter valued at $137,000. Institutional investors own 31.91% of the company's stock.

Vermilion Energy Price Performance

VET stock traded down $0.19 during midday trading on Monday, hitting $6.51. 275,546 shares of the stock were exchanged, compared to its average volume of 1,191,492. The stock has a market cap of $1.00 billion, a price-to-earnings ratio of -1.74 and a beta of 1.12. The stock's 50-day moving average price is $6.90 and its 200-day moving average price is $8.55. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.19 and a current ratio of 1.25. Vermilion Energy Inc. has a fifty-two week low of $5.14 and a fifty-two week high of $12.68.

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%. Research analysts predict that Vermilion Energy Inc. will post 0.22 earnings per share for the current year.

Vermilion Energy Increases Dividend

The business also recently announced 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 a positive change from Vermilion Energy's previous quarterly dividend of $0.09. This represents a $0.36 annualized dividend and a yield of 5.55%. Vermilion Energy's payout ratio is -225.00%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. StockNews.com cut Vermilion Energy from a "buy" rating to a "hold" rating in a report on Saturday, March 15th. Atb Cap Markets lowered Vermilion Energy from a "strong-buy" rating to a "hold" rating in a research report on Thursday, February 13th. National Bankshares reaffirmed an "outperform" rating on shares of Vermilion Energy in a report on Friday, April 25th. Finally, Desjardins lowered Vermilion Energy from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, March 18th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, Vermilion Energy has a consensus rating of "Hold".

Check Out Our Latest Research Report on Vermilion Energy

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

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