Sentry Investments Corp. cut its stake in shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 44.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 86,300 shares of the oil and gas company’s stock after selling 70,175 shares during the period. Sentry Investments Corp. owned about 0.07% of Vermilion Energy worth $3,549,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of VET. Barrow Hanley Mewhinney & Strauss LLC increased its stake in shares of Vermilion Energy by 10.4% in the first quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,509,460 shares of the oil and gas company’s stock valued at $169,149,000 after buying an additional 425,590 shares in the last quarter. Principal Financial Group Inc. increased its stake in shares of Vermilion Energy by 52.8% in the second quarter. Principal Financial Group Inc. now owns 1,155,062 shares of the oil and gas company’s stock valued at $36,649,000 after buying an additional 398,999 shares in the last quarter. Russell Investments Group Ltd. increased its stake in shares of Vermilion Energy by 358.5% in the second quarter. Russell Investments Group Ltd. now owns 415,258 shares of the oil and gas company’s stock valued at $13,122,000 after buying an additional 324,695 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Vermilion Energy by 400.8% in the first quarter. JPMorgan Chase & Co. now owns 255,843 shares of the oil and gas company’s stock valued at $9,597,000 after buying an additional 204,760 shares in the last quarter. Finally, Morgan Stanley increased its stake in shares of Vermilion Energy by 29.8% in the first quarter. Morgan Stanley now owns 651,293 shares of the oil and gas company’s stock valued at $24,431,000 after buying an additional 149,338 shares in the last quarter. Institutional investors own 53.70% of the company’s stock.

Vermilion Energy Inc. (VET) opened at 33.67 on Friday. The company has a market capitalization of $4.08 billion, a PE ratio of 68.85 and a beta of 0.52. The company has a 50 day moving average price of $31.75 and a 200-day moving average price of $34.29. Vermilion Energy Inc. has a 12-month low of $29.91 and a 12-month high of $44.95.

Vermilion Energy (NYSE:VET) (TSE:VET) last released its quarterly earnings data on Wednesday, July 26th. The oil and gas company reported $0.30 earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.37. The business had revenue of $201.70 million for the quarter. Vermilion Energy had a return on equity of 4.52% and a net margin of 7.17%. On average, analysts anticipate that Vermilion Energy Inc. will post $0.68 EPS for the current year.

The firm also recently disclosed a monthly dividend, which will be paid on Friday, September 15th. Investors of record on Thursday, August 31st will be paid a $0.169 dividend. This represents a $2.03 annualized dividend and a yield of 6.02%. The ex-dividend date of this dividend is Tuesday, August 29th. Vermilion Energy’s dividend payout ratio (DPR) is presently 431.91%.

WARNING: “Vermilion Energy Inc. (VET) Position Lowered by Sentry Investments Corp.” was first reported by Watch List News and is owned by of Watch List News. If you are accessing this report on another site, it was illegally stolen and reposted in violation of United States and international copyright and trademark legislation. The legal version of this report can be viewed at https://www.watchlistnews.com/vermilion-energy-inc-vet-position-lowered-by-sentry-investments-corp/1537908.html.

Several equities research analysts have recently commented on VET shares. Zacks Investment Research downgraded shares of Vermilion Energy from a “buy” rating to a “sell” rating in a research note on Wednesday, July 19th. BidaskClub downgraded shares of Vermilion Energy from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 11th. Finally, Royal Bank Of Canada upgraded shares of 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 given a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $53.25.

Vermilion Energy Company Profile

Want to see what other hedge funds are holding VET? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vermilion Energy Inc. (NYSE:VET) (TSE:VET).

Institutional Ownership by Quarter for Vermilion Energy (NYSE:VET)

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.