Dynamic Technology Lab Private Ltd Invests $355,000 in Vermilion Energy Inc. (NYSE:VET)

Dynamic Technology Lab Private Ltd bought a new position in Vermilion Energy Inc. (NYSE:VET) (TSE:VET) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 37,718 shares of the oil and gas company’s stock, valued at approximately $355,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Public Employees Retirement System of Ohio purchased a new stake in shares of Vermilion Energy in the 3rd quarter worth about $1,947,000. Verition Fund Management LLC bought a new position in shares of Vermilion Energy in the 3rd quarter worth about $555,000. Alberta Investment Management Corp increased its stake in shares of Vermilion Energy by 12.8% in the 4th quarter. Alberta Investment Management Corp now owns 719,000 shares of the oil and gas company’s stock worth $6,764,000 after acquiring an additional 81,500 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Vermilion Energy in the 4th quarter worth about $761,000. Finally, Barclays PLC increased its stake in shares of Vermilion Energy by 1,469.8% in the 3rd quarter. Barclays PLC now owns 44,581 shares of the oil and gas company’s stock worth $435,000 after acquiring an additional 41,741 shares in the last quarter. 31.91% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. 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 lowered shares of Vermilion Energy from a “buy” rating to a “hold” rating in a research note on Saturday, March 15th. Finally, Atb Cap Markets lowered shares of Vermilion Energy from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 13th.

Vermilion Energy Stock Up 21.2 %

NYSE:VET opened at $6.58 on Thursday. The firm has a market cap of $1.02 billion, a P/E ratio of -1.76 and a beta of 1.43. 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 $12.78. The firm has a 50-day simple moving average of $8.12 and a two-hundred day simple moving average of $9.21.

Vermilion Energy Increases Dividend

The company also recently disclosed 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 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 5.49%. The ex-dividend date is Monday, March 31st. Vermilion Energy’s dividend payout ratio (DPR) is currently -163.64%.

Vermilion Energy 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.