Dimensional Fund Advisors LP Has $4.56 Million Position in Vermilion Energy Inc. (VET)
Dimensional Fund Advisors LP cut its stake in shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 1.5% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 121,523 shares of the oil and gas company’s stock after selling 1,806 shares during the period. Dimensional Fund Advisors LP owned 0.10% of Vermilion Energy worth $4,558,000 at the end of the most recent reporting period.
Several other hedge funds also recently made changes to their positions in VET. Renaissance Technologies LLC bought a new stake in shares of Vermilion Energy during the fourth quarter valued at about $348,000. Huntington National Bank boosted its stake in shares of Vermilion Energy by 19.2% in the first quarter. Huntington National Bank now owns 3,291 shares of the oil and gas company’s stock valued at $123,000 after buying an additional 530 shares during the last quarter. Korea Investment CORP boosted its stake in shares of Vermilion Energy by 38.9% in the first quarter. Korea Investment CORP now owns 158,289 shares of the oil and gas company’s stock valued at $5,919,000 after buying an additional 44,289 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of Vermilion Energy by 10.2% in the first quarter. Janney Montgomery Scott LLC now owns 8,741 shares of the oil and gas company’s stock valued at $328,000 after buying an additional 808 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its stake in shares of Vermilion Energy by 6.2% in the first quarter. Russell Investments Group Ltd. now owns 90,563 shares of the oil and gas company’s stock valued at $3,390,000 after buying an additional 5,299 shares during the last quarter. Institutional investors and hedge funds own 53.70% of the company’s stock.
Vermilion Energy Inc. (NYSE VET) traded down 0.94% during mid-day trading on Monday, reaching $31.60. The company’s stock had a trading volume of 58,791 shares. Vermilion Energy Inc. has a 1-year low of $29.91 and a 1-year high of $44.95. The stock has a market capitalization of $3.83 billion, a P/E ratio of 64.62 and a beta of 0.51. The stock’s 50 day moving average price is $31.53 and its 200 day moving average price is $34.57.
Vermilion Energy (NYSE:VET) (TSE:VET) last posted its quarterly earnings results on Wednesday, July 26th. The oil and gas company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.07) by $0.37. The company had revenue of $201.70 million for the quarter. Vermilion Energy had a net margin of 7.17% and a return on equity of 4.52%. Analysts expect that Vermilion Energy Inc. will post $0.68 EPS for the current fiscal year.
The business also recently declared a monthly dividend, which will be paid on Friday, September 15th. Shareholders of record on Thursday, August 31st will be given a $0.169 dividend. The ex-dividend date of this dividend is Tuesday, August 29th. This represents a $2.03 annualized dividend and a yield of 6.36%. Vermilion Energy’s dividend payout ratio is 423.40%.
Several analysts have recently issued reports on VET shares. BidaskClub upgraded Vermilion Energy from a “strong sell” rating to a “sell” rating in a research note on Tuesday, June 13th. Zacks Investment Research upgraded Vermilion Energy from a “hold” rating to a “buy” rating and set a $34.00 price target on the stock in a research note on Saturday, July 8th. Finally, Royal Bank Of Canada upgraded Vermilion Energy from a “sector perform” rating to an “outperform” rating in a research note on Thursday, July 27th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. Vermilion Energy currently has an average rating of “Hold” and a consensus target price of $53.25.
Vermilion Energy Company Profile
Receive News & Ratings for Vermilion Energy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vermilion Energy Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.