TD Waterhouse Canada Inc. Has $6.12 Million Holdings in Vermilion Energy Inc. (NYSE:VET)

TD Waterhouse Canada Inc. decreased its holdings in shares of Vermilion Energy Inc. (NYSE:VET - Free Report) TSE: VET by 31.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 653,935 shares of the oil and gas company's stock after selling 293,791 shares during the period. TD Waterhouse Canada Inc. owned approximately 0.42% of Vermilion Energy worth $6,115,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the business. Larson Financial Group LLC grew its position in Vermilion Energy by 1,123.6% in the fourth quarter. Larson Financial Group LLC now owns 4,356 shares of the oil and gas company's stock worth $41,000 after buying an additional 4,000 shares during the last quarter. Citizens Financial Group Inc. RI acquired a new stake in shares of Vermilion Energy during the fourth quarter worth $103,000. Amundi raised its position in shares of Vermilion Energy by 74.0% during the fourth quarter. Amundi now owns 11,020 shares of the oil and gas company's stock worth $104,000 after purchasing an additional 4,685 shares during the period. Renaissance Technologies LLC purchased a new stake in shares of Vermilion Energy during the fourth quarter valued at $114,000. Finally, Truist Financial Corp acquired a new position in shares of Vermilion Energy in the 4th quarter valued at $119,000. Institutional investors and hedge funds own 31.91% of the company's stock.

Analyst Upgrades and Downgrades

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

Vermilion Energy Stock Down 0.7 %

Shares of NYSE VET traded down $0.04 during mid-day trading on Monday, reaching $6.37. The company had a trading volume of 236,876 shares, compared to its average volume of 1,235,773. 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 twelve month low of $5.14 and a twelve month high of $12.68. The stock's 50 day moving average is $7.43 and its 200-day moving average is $8.89. The stock has a market capitalization of $981.49 million, a PE ratio of -1.70 and a beta of 1.43.

Vermilion Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were issued a dividend of $0.0903 per share. This represents a $0.36 annualized dividend and a dividend yield of 5.67%. This is a positive change from Vermilion Energy's previous quarterly dividend of $0.09. The ex-dividend date was Monday, March 31st. Vermilion Energy's payout ratio is currently -163.64%.

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.