Bank of Montreal Can Has $5.51 Million Position in Vermilion Energy Inc. (NYSE:VET)

Bank of Montreal Can raised its position in Vermilion Energy Inc. (NYSE:VET - Free Report) TSE: VET by 10.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 586,529 shares of the oil and gas company's stock after purchasing an additional 55,443 shares during the quarter. Bank of Montreal Can owned about 0.38% of Vermilion Energy worth $5,514,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership acquired a new position in Vermilion Energy during the 4th quarter valued at about $10,866,000. Royce & Associates LP increased its stake in shares of Vermilion Energy by 49.3% during 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 acquiring an additional 303,370 shares during the period. Grantham Mayo Van Otterloo & Co. LLC raised its holdings in Vermilion Energy by 26.1% during the fourth 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 purchasing an additional 229,900 shares in the last quarter. Public Employees Retirement System of Ohio bought a new position in Vermilion Energy during the 3rd quarter valued at $1,947,000. Finally, Drum Hill Capital LLC acquired a new position in shares of Vermilion Energy during the 4th quarter valued at $1,264,000. Institutional investors own 31.91% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on VET shares. Desjardins cut Vermilion Energy from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, March 18th. Atb Cap Markets lowered shares of Vermilion Energy from a "strong-buy" rating to a "hold" rating in a research report on Thursday, February 13th. Finally, StockNews.com downgraded shares of Vermilion Energy from a "buy" rating to a "hold" rating in a report on Saturday, March 15th.

Vermilion Energy Trading Up 3.1 %

Shares of Vermilion Energy stock traded up $0.20 on Friday, reaching $6.52. 1,077,415 shares of the company were exchanged, compared to its average volume of 1,157,524. Vermilion Energy Inc. has a fifty-two week low of $5.14 and a fifty-two week high of $12.68. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of -1.74 and a beta of 1.43. 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 stock has a fifty day moving average price of $7.70 and a 200-day moving average price of $9.04.

Vermilion Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a dividend of $0.0903 per share. 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 dividend on an annualized basis and a yield of 5.54%. Vermilion Energy's dividend 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.