Royal Bank Of Canada upgraded shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) from a sector perform rating to an outperform rating in a research note published on Thursday.

VET has been the subject of a number of other research reports. Zacks Investment Research lowered shares of Vermilion Energy from a buy rating to a sell rating in a research report on Wednesday, July 19th. BidaskClub lowered shares of Vermilion Energy from a sell rating to a strong sell rating in a research report on Tuesday, July 11th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating to the company. The company presently has a consensus rating of Buy and a consensus target price of $54.31.

Vermilion Energy (VET) traded down 1.49% during mid-day trading on Thursday, reaching $33.06. 25,866 shares of the company were exchanged. Vermilion Energy has a 12 month low of $29.91 and a 12 month high of $44.95. The stock has a market capitalization of $4.01 billion, a P/E ratio of 67.20 and a beta of 0.51. The company’s 50 day moving average price is $32.06 and its 200-day moving average price is $35.96.

Vermilion Energy (NYSE:VET) (TSE:VET) last announced its earnings results on Wednesday, July 26th. The oil and gas company reported $0.30 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.07) by $0.37. The firm had revenue of $201.70 million during the quarter. Vermilion Energy had a net margin of 7.17% and a return on equity of 4.52%. On average, equities analysts expect that Vermilion Energy will post $0.61 earnings per share for the current fiscal year.

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The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, August 15th. Stockholders of record on Friday, July 28th will be given a dividend of $0.1686 per share. This is a positive change from Vermilion Energy’s previous monthly dividend of $0.16. The ex-dividend date of this dividend is Wednesday, July 26th. This represents a $2.02 annualized dividend and a dividend yield of 6.03%. Vermilion Energy’s dividend payout ratio (DPR) is 423.40%.

Several institutional investors have recently bought and sold shares of the stock. Janney Montgomery Scott LLC raised its position in Vermilion Energy by 17.6% in the second quarter. Janney Montgomery Scott LLC now owns 10,283 shares of the oil and gas company’s stock valued at $326,000 after buying an additional 1,542 shares during the period. LGT Capital Partners LTD. raised its position in Vermilion Energy by 41.8% in the second quarter. LGT Capital Partners LTD. now owns 420,415 shares of the oil and gas company’s stock valued at $13,321,000 after buying an additional 123,863 shares during the period. Acadian Asset Management LLC acquired a new position in Vermilion Energy during the second quarter valued at $204,000. Russell Investments Group Ltd. raised its position in 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 during the period. Finally, APG Asset Management N.V. raised its position in Vermilion Energy by 16.3% in the second quarter. APG Asset Management N.V. now owns 296,010 shares of the oil and gas company’s stock valued at $12,178,000 after buying an additional 41,546 shares during the period. Institutional investors own 50.36% of the company’s stock.

Vermilion Energy Company Profile

Analyst Recommendations for Vermilion Energy (NYSE:VET)

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