PDT Partners LLC Sells 68,797 Shares of Vermilion Energy Inc. (NYSE:VET)

PDT Partners LLC trimmed its position in shares of Vermilion Energy Inc. (NYSE:VET - Free Report) TSE: VET by 24.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 211,765 shares of the oil and gas company's stock after selling 68,797 shares during the quarter. PDT Partners LLC owned approximately 0.14% of Vermilion Energy worth $1,991,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Arrowstreet Capital Limited Partnership acquired a new stake in Vermilion Energy during the 4th quarter valued at $10,866,000. Royce & Associates LP raised its holdings in shares of Vermilion Energy by 49.3% in the fourth quarter. Royce & Associates LP now owns 918,240 shares of the oil and gas company's stock valued at $8,643,000 after buying an additional 303,370 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC lifted its position 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 buying an additional 229,900 shares in the last quarter. Marshall Wace LLP bought a new stake in Vermilion Energy during the 4th quarter worth about $1,504,000. Finally, Drum Hill Capital LLC acquired a new stake in Vermilion Energy in the 4th quarter valued at about $1,264,000. Institutional investors and hedge funds own 31.91% of the company's stock.

Vermilion Energy Trading Down 3.4 %

Shares of NYSE:VET traded down $0.22 during trading on Monday, hitting $6.09. 739,145 shares of the company's stock were exchanged, compared to its average volume of 1,155,791. 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 firm has a market cap of $938.17 million, a P/E ratio of -1.63 and a beta of 1.43. The firm has a 50-day moving average price of $7.17 and a two-hundred day moving average price of $8.77. Vermilion Energy Inc. has a 1-year low of $5.14 and a 1-year high of $12.68.

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. The ex-dividend date of this dividend was Monday, March 31st. 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 5.94%. Vermilion Energy's payout ratio is -163.64%.

Analyst Upgrades and Downgrades

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

Vermilion Energy Company 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.