Vermilion Energy Inc. $VET Stock Holdings Increased by Northwest & Ethical Investments L.P.

Northwest & Ethical Investments L.P. increased its holdings in Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 48.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,671 shares of the oil and gas company’s stock after purchasing an additional 5,418 shares during the quarter. Northwest & Ethical Investments L.P.’s holdings in Vermilion Energy were worth $135,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Northern Trust Corp bought a new stake in shares of Vermilion Energy in the 4th quarter worth approximately $94,000. Hsbc Holdings PLC bought a new stake in shares of Vermilion Energy in the 4th quarter worth approximately $104,000. Bayesian Capital Management LP acquired a new stake in shares of Vermilion Energy during the fourth quarter valued at approximately $114,000. Renaissance Technologies LLC acquired a new stake in shares of Vermilion Energy during the fourth quarter valued at approximately $114,000. Finally, Cerity Partners LLC acquired a new stake in shares of Vermilion Energy during the fourth quarter valued at approximately $122,000. 31.91% of the stock is currently owned by institutional investors.

Vermilion Energy Stock Performance

Shares of VET opened at $7.1220 on Thursday. The company’s 50 day moving average price is $7.77 and its 200 day moving average price is $7.52. Vermilion Energy Inc. has a 52 week low of $5.14 and a 52 week high of $10.85. The company has a market capitalization of $1.10 billion, a PE ratio of -8.19 and a beta of 1.22. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.84 and a current ratio of 1.94.

Vermilion Energy (NYSE:VET) (TSE:VET) last announced its quarterly earnings data on Thursday, August 7th. The oil and gas company reported ($0.20) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.14). Vermilion Energy had a negative net margin of 9.29% and a positive return on equity of 0.17%. The company had revenue of $392.33 million for the quarter, compared to analysts’ expectations of $562.50 million. Research analysts expect that Vermilion Energy Inc. will post 0.22 EPS for the current fiscal year.

Vermilion Energy Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Monday, June 30th. This represents a yield of 466.0%. Vermilion Energy’s payout ratio is presently -42.53%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. National Bankshares restated an “outperform” rating on shares of Vermilion Energy in a report on Friday, April 25th. Wall Street Zen lowered shares of Vermilion Energy from a “hold” rating to a “sell” rating in a report on Saturday, August 9th. Desjardins upgraded shares of Vermilion Energy from a “hold” rating to a “buy” rating in a report on Thursday, June 5th. Finally, BMO Capital Markets restated a “market perform” rating on shares of Vermilion Energy in a report on Friday, August 8th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

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.