Todd Asset Management LLC decreased its stake in Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 12.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 522,592 shares of the oil and gas company’s stock after selling 72,337 shares during the period. Todd Asset Management LLC owned 0.43% of Vermilion Energy worth $16,582,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. BNP Paribas Arbitrage SA boosted its holdings in shares of Vermilion Energy by 17.9% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 3,194 shares of the oil and gas company’s stock valued at $101,000 after buying an additional 484 shares in the last quarter. OLD Mutual Customised Solutions Proprietary Ltd. boosted its holdings in shares of Vermilion Energy by 145.5% in the 1st quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 2,946 shares of the oil and gas company’s stock valued at $110,000 after buying an additional 1,746 shares in the last quarter. Huntington National Bank raised its position in Vermilion Energy by 19.2% in the 1st quarter. Huntington National Bank now owns 3,291 shares of the oil and gas company’s stock valued at $123,000 after purchasing an additional 530 shares during the last quarter. Sei Investments Co. raised its position in Vermilion Energy by 114.2% in the 2nd quarter. Sei Investments Co. now owns 4,657 shares of the oil and gas company’s stock valued at $148,000 after purchasing an additional 2,483 shares during the last quarter. Finally, Acadian Asset Management LLC purchased a new stake in Vermilion Energy in the 2nd quarter valued at $204,000. Institutional investors and hedge funds own 53.70% of the company’s stock.
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Several research firms recently commented on VET. BidaskClub upgraded shares of Vermilion Energy from a “strong sell” rating to a “sell” rating in a research report on Friday, August 25th. Zacks Investment Research upgraded shares of Vermilion Energy from a “sell” rating to a “hold” rating in a research report on Saturday, July 29th. Finally, Royal Bank Of Canada upgraded shares of Vermilion Energy from a “sector perform” rating to an “outperform” rating in a research report on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, three have issued a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $54.50.
Vermilion Energy Inc. (NYSE:VET) opened at 36.85 on Friday. Vermilion Energy Inc. has a 12 month low of $29.91 and a 12 month high of $44.95. The firm’s 50-day moving average is $32.51 and its 200-day moving average is $33.97. The stock has a market cap of $4.47 billion, a P/E ratio of 75.36 and a beta of 0.52.
Vermilion Energy (NYSE:VET) (TSE:VET) last released its quarterly earnings data on Wednesday, July 26th. The oil and gas company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates 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 forecast that Vermilion Energy Inc. will post $0.70 earnings per share for the current fiscal year.
The firm also recently disclosed a monthly dividend, which was paid on Friday, September 15th. Shareholders of record on Thursday, August 31st were issued a $0.169 dividend. This represents a $2.03 dividend on an annualized basis and a yield of 5.50%. The ex-dividend date was Tuesday, August 29th. Vermilion Energy’s dividend payout ratio is presently 431.91%.
About Vermilion Energy
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