Arrowstreet Capital Limited Partnership Purchases New Holdings in Vermilion Energy Inc. (NYSE:VET)

Arrowstreet Capital Limited Partnership purchased a new stake in Vermilion Energy Inc. (NYSE:VET - Free Report) TSE: VET during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,155,927 shares of the oil and gas company's stock, valued at approximately $10,866,000. Arrowstreet Capital Limited Partnership owned approximately 0.75% of Vermilion Energy at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Larson Financial Group LLC boosted its stake in Vermilion Energy by 1,123.6% in the 4th quarter. Larson Financial Group LLC now owns 4,356 shares of the oil and gas company's stock valued at $41,000 after buying an additional 4,000 shares in the last quarter. Citizens Financial Group Inc. RI acquired a new stake in Vermilion Energy in the 4th quarter valued at $103,000. Amundi boosted its stake in Vermilion Energy by 74.0% in the 4th quarter. Amundi now owns 11,020 shares of the oil and gas company's stock valued at $104,000 after buying an additional 4,685 shares in the last quarter. Truist Financial Corp acquired a new stake in Vermilion Energy in the 4th quarter valued at $119,000. Finally, Magnetar Financial LLC acquired a new stake in Vermilion Energy in the 4th quarter valued at $156,000. Institutional investors and hedge funds own 31.91% of the company's stock.

Vermilion Energy Trading Down 12.3 %

Shares of Vermilion Energy stock traded down $0.81 during trading hours on Thursday, hitting $5.77. The company's stock had a trading volume of 688,115 shares, compared to its average volume of 1,133,143. Vermilion Energy Inc. has a 12 month low of $5.14 and a 12 month high of $12.78. The stock has a 50 day moving average of $8.12 and a 200 day moving average of $9.21. The company has a market capitalization of $892.22 million, a PE ratio of -1.54 and a beta of 1.43. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 1.19.

Vermilion Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a $0.0903 dividend. This is an increase from Vermilion Energy's previous quarterly dividend of $0.09. This represents a $0.36 annualized dividend and a dividend yield of 6.26%. The ex-dividend date is Monday, March 31st. Vermilion Energy's dividend payout ratio is -163.64%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. StockNews.com lowered Vermilion Energy from a "buy" rating to a "hold" rating in a research note on Saturday, March 15th. Desjardins lowered Vermilion Energy from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, March 18th. Finally, Atb Cap Markets lowered Vermilion Energy from a "strong-buy" rating to a "hold" rating in a research note on Thursday, February 13th.

Vermilion Energy 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.