Counterpoint Mutual Funds LLC Takes Position in Vermilion Energy Inc. (NYSE:VET)

Counterpoint Mutual Funds LLC acquired a new stake in Vermilion Energy Inc. (NYSE:VET) (TSE:VET) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 79,509 shares of the oil and gas company’s stock, valued at approximately $747,000. Counterpoint Mutual Funds LLC owned approximately 0.05% of Vermilion Energy at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Larson Financial Group LLC lifted its stake in shares of Vermilion Energy by 1,123.6% in the 4th quarter. Larson Financial Group LLC now owns 4,356 shares of the oil and gas company’s stock valued at $41,000 after purchasing an additional 4,000 shares in the last quarter. Citizens Financial Group Inc. RI acquired a new position in Vermilion Energy during the 4th quarter worth approximately $103,000. Amundi boosted its holdings in Vermilion Energy by 74.0% in the 4th quarter. Amundi now owns 11,020 shares of the oil and gas company’s stock worth $104,000 after acquiring an additional 4,685 shares during the period. Truist Financial Corp acquired a new stake in Vermilion Energy in the fourth quarter valued at approximately $119,000. Finally, Blue Trust Inc. raised its stake in shares of Vermilion Energy by 45.6% during the fourth quarter. Blue Trust Inc. now owns 20,382 shares of the oil and gas company’s stock valued at $199,000 after purchasing an additional 6,386 shares during the period. 31.91% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. StockNews.com lowered shares of Vermilion Energy from a “buy” rating to a “hold” rating in a report on Saturday. Atb Cap Markets downgraded Vermilion Energy from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 13th.

Vermilion Energy Price Performance

Shares of VET stock opened at $7.77 on Monday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 1.19. Vermilion Energy Inc. has a 1-year low of $7.09 and a 1-year high of $12.79. The firm has a fifty day moving average of $9.12 and a two-hundred day moving average of $9.50. The firm has a market cap of $1.20 billion, a P/E ratio of -2.08 and a beta of 1.91.

Vermilion Energy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.0903 per share. This represents a $0.36 dividend on an annualized basis and a yield of 4.65%. The ex-dividend date of this dividend is Monday, March 31st. This is an increase from Vermilion Energy’s previous quarterly dividend of $0.09. Vermilion Energy’s dividend payout ratio (DPR) 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.