Y Intercept Hong Kong Ltd Acquires 22,236 Shares of Vermilion Energy Inc. $VET

Y Intercept Hong Kong Ltd grew its holdings in shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 105.9% in the second quarter, Holdings Channel reports. The institutional investor owned 43,243 shares of the oil and gas company’s stock after acquiring an additional 22,236 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Vermilion Energy were worth $315,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in VET. Blue Trust Inc. lifted its position in Vermilion Energy by 24.0% in the 2nd quarter. Blue Trust Inc. now owns 7,778 shares of the oil and gas company’s stock valued at $57,000 after acquiring an additional 1,504 shares in the last quarter. FORA Capital LLC bought a new position in shares of Vermilion Energy in the first quarter valued at approximately $111,000. Everstar Asset Management LLC purchased a new position in shares of Vermilion Energy during the first quarter valued at approximately $122,000. Northwest & Ethical Investments L.P. boosted its position in shares of Vermilion Energy by 48.1% during the first quarter. Northwest & Ethical Investments L.P. now owns 16,671 shares of the oil and gas company’s stock valued at $135,000 after buying an additional 5,418 shares during the last quarter. Finally, State of Wyoming grew its holdings in Vermilion Energy by 14.5% during the first quarter. State of Wyoming now owns 18,920 shares of the oil and gas company’s stock worth $153,000 after buying an additional 2,392 shares in the last quarter. Institutional investors and hedge funds own 31.91% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on VET. BMO Capital Markets restated a “market perform” rating on shares of Vermilion Energy in a research note on Friday, August 8th. Desjardins downgraded shares of Vermilion Energy from a “moderate buy” rating to a “hold” rating in a report on Thursday, October 16th. Weiss Ratings restated a “sell (d-)” rating on shares of Vermilion Energy in a report on Wednesday, October 8th. Scotiabank reiterated a “sector perform” rating on shares of Vermilion Energy in a research note on Thursday, October 9th. Finally, Wall Street Zen raised shares of Vermilion Energy from a “sell” rating to a “hold” rating in a research report on Saturday. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold”.

Vermilion Energy Trading Up 5.0%

NYSE VET opened at $8.36 on Friday. The business’s fifty day moving average is $7.70 and its 200-day moving average is $7.44. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.94 and a quick ratio of 1.84. The stock has a market capitalization of $1.28 billion, a price-to-earnings ratio of -9.61 and a beta of 1.13. Vermilion Energy Inc. has a one year low of $5.14 and a one year high of $10.85.

Vermilion Energy (NYSE:VET) (TSE:VET) last posted its quarterly earnings data on Wednesday, November 5th. The oil and gas company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.06). Vermilion Energy had a negative net margin of 9.29% and a positive return on equity of 0.17%. The firm had revenue of $337.28 million during the quarter, compared to analysts’ expectations of $373.83 million. Equities research analysts predict that Vermilion Energy Inc. will post 0.22 EPS for the current year.

Vermilion Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be issued a $0.13 dividend. The ex-dividend date of this dividend is Monday, December 15th. This represents a $0.52 annualized dividend and a yield of 6.2%. Vermilion Energy’s dividend payout ratio (DPR) is -42.53%.

Vermilion Energy Company Profile

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.