Two Sigma Investments LP Has $12.04 Million Stake in Vermilion Energy Inc. (NYSE:VET)

Two Sigma Investments LP increased its position in shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 0.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,281,074 shares of the oil and gas company’s stock after buying an additional 6,765 shares during the period. Two Sigma Investments LP owned 0.83% of Vermilion Energy worth $12,042,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in VET. Larson Financial Group LLC increased its holdings in Vermilion Energy by 1,123.6% during 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. Northern Trust Corp acquired a new position in shares of Vermilion Energy in the fourth quarter valued at $94,000. Citizens Financial Group Inc. RI acquired a new position in shares of Vermilion Energy in the fourth quarter valued at $103,000. Amundi increased its holdings in shares of Vermilion Energy by 74.0% in the fourth quarter. Amundi now owns 11,020 shares of the oil and gas company’s stock valued at $104,000 after purchasing an additional 4,685 shares during the last quarter. Finally, Hsbc Holdings PLC acquired a new position in shares of Vermilion Energy in the fourth quarter valued at $104,000. 31.91% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have commented on VET. Desjardins downgraded shares of Vermilion Energy from a “moderate buy” rating to a “hold” rating in a report on Tuesday, March 18th. Atb Cap Markets downgraded shares of Vermilion Energy from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 13th. Wall Street Zen downgraded shares of Vermilion Energy from a “buy” rating to a “hold” rating in a report on Saturday, March 15th. Finally, National Bankshares reiterated an “outperform” rating on shares of Vermilion Energy in a report on Friday, April 25th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, Vermilion Energy has a consensus rating of “Hold”.

Vermilion Energy Trading Down 0.1%

Shares of Vermilion Energy stock opened at $6.39 on Friday. The firm has a 50-day moving average of $6.76 and a 200-day moving average of $8.46. The stock has a market cap of $984.42 million, a PE ratio of -1.71 and a beta of 1.12. Vermilion Energy Inc. has a 52-week low of $5.14 and a 52-week high of $12.56. 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 (NYSE:VET) (TSE:VET) last announced its earnings results on Wednesday, May 7th. The oil and gas company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.10). The business had revenue of $395.26 million during the quarter, compared to the consensus estimate of $569.00 million. Vermilion Energy had a negative net margin of 41.53% and a positive return on equity of 6.29%. As a group, sell-side analysts forecast that Vermilion Energy Inc. will post 0.22 EPS for the current year.

Vermilion Energy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were given a $0.0903 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 5.66%. 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. Vermilion Energy’s payout ratio is presently -225.00%.

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.