CoreCommodity Management LLC trimmed its position in shares of Vermilion Energy Inc (NYSE:VET) (TSE:VET) by 74.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,611 shares of the oil and gas company’s stock after selling 41,563 shares during the quarter. CoreCommodity Management LLC’s holdings in Vermilion Energy were worth $308,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. grew its stake in shares of Vermilion Energy by 236.9% during the third quarter. JPMorgan Chase & Co. now owns 185,678 shares of the oil and gas company’s stock valued at $6,116,000 after purchasing an additional 130,560 shares during the last quarter. Exane Asset Management grew its stake in shares of Vermilion Energy by 17.8% during the third quarter. Exane Asset Management now owns 29,650 shares of the oil and gas company’s stock valued at $977,000 after purchasing an additional 4,482 shares during the last quarter. Northern Trust Corp grew its stake in shares of Vermilion Energy by 10.2% during the second quarter. Northern Trust Corp now owns 158,229 shares of the oil and gas company’s stock valued at $5,698,000 after purchasing an additional 14,633 shares during the last quarter. LGT Capital Partners LTD. grew its stake in shares of Vermilion Energy by 28.4% during the fourth quarter. LGT Capital Partners LTD. now owns 173,110 shares of the oil and gas company’s stock valued at $3,646,000 after purchasing an additional 38,340 shares during the last quarter. Finally, Intact Investment Management Inc. grew its stake in shares of Vermilion Energy by 70.1% during the fourth quarter. Intact Investment Management Inc. now owns 618,900 shares of the oil and gas company’s stock valued at $17,738,000 after purchasing an additional 255,000 shares during the last quarter. 51.70% of the stock is currently owned by hedge funds and other institutional investors.

Several analysts have recently commented on the stock. Raymond James reissued a “buy” rating on shares of Vermilion Energy in a research note on Thursday, February 28th. BMO Capital Markets reissued a “hold” rating on shares of Vermilion Energy in a research note on Thursday, February 28th. Finally, Royal Bank of Canada reissued an “average” rating and set a $40.00 price target on shares of Vermilion Energy in a research note on Tuesday, January 8th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $38.33.

Shares of NYSE VET opened at $24.90 on Friday. Vermilion Energy Inc has a fifty-two week low of $19.43 and a fifty-two week high of $37.89. The company has a market capitalization of $3.80 billion, a P/E ratio of 48.82, a price-to-earnings-growth ratio of 0.79 and a beta of 1.04. The company has a current ratio of 0.76, a quick ratio of 0.71 and a debt-to-equity ratio of 0.68.

The firm also recently disclosed a monthly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 28th were issued a $0.1729 dividend. The ex-dividend date of this dividend was Wednesday, February 27th. This represents a $2.08 annualized dividend and a yield of 8.33%. Vermilion Energy’s dividend payout ratio is currently 411.76%.

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About Vermilion Energy

Vermilion Energy Inc acquires, explores, develops, and produces crude petroleum and natural gas. As of December 31, 2017, it owned 74% interest in 330,900 net acres of developed land and 87% interest in 376,400 net acres of undeveloped land, as well as 375 net producing natural gas wells and 475 net producing oil wells in Canada; and 96% interest in 208,900 net acres of developed land and 99% interest in 379,800 net acres of undeveloped land in the Aquitaine and Paris Basins, as well as 332 net producing oil wells and 3 net producing gas wells in France.

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

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