Vermilion Energy (NYSE:VET) Hits New 12-Month Low - Should You Sell?

Vermilion Energy Inc. (NYSE:VET - Get Free Report) TSE: VET hit a new 52-week low on Friday . The company traded as low as $6.70 and last traded at $6.70, with a volume of 109332 shares changing hands. The stock had previously closed at $7.31.

Analyst Ratings Changes

VET has been the topic of a number of analyst reports. Desjardins cut Vermilion Energy from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, March 18th. StockNews.com downgraded Vermilion Energy from a "buy" rating to a "hold" rating in a report on Saturday, March 15th. Finally, Atb Cap Markets downgraded Vermilion Energy from a "strong-buy" rating to a "hold" rating in a report on Thursday, February 13th.

Vermilion Energy Trading Up 10.1 %

The stock has a market cap of $924.69 million, a PE ratio of -1.59 and a beta of 1.43. The company has a quick ratio of 1.19, a current ratio of 1.25 and a debt-to-equity ratio of 0.36. The stock's fifty day moving average price is $8.23 and its 200 day moving average price is $9.25.

Vermilion Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.0903 per share. This represents a $0.36 annualized dividend and a yield of 6.04%. This is an increase from Vermilion Energy's previous quarterly dividend of $0.09. The ex-dividend date of this dividend is Monday, March 31st. Vermilion Energy's dividend payout ratio (DPR) is currently -163.64%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. LM Asset IM Inc. purchased a new position in Vermilion Energy in the 4th quarter worth about $18,806,000. Arrowstreet Capital Limited Partnership bought a new position in Vermilion Energy during the fourth quarter valued at approximately $10,866,000. Millennium Management LLC boosted its holdings in 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 purchasing an additional 921,230 shares during the last quarter. Two Sigma Advisers LP raised its stake in Vermilion Energy by 72.8% during the 3rd quarter. Two Sigma Advisers LP now owns 1,040,076 shares of the oil and gas company's stock valued at $10,162,000 after buying an additional 438,200 shares during the last quarter. Finally, Royce & Associates LP lifted its holdings in shares of 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 valued at $8,643,000 after buying an additional 303,370 shares during the period. 31.91% of the stock is owned by institutional investors.

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.