Boston Partners Acquires 50,016 Shares of Vermilion Energy Inc. (NYSE:VET)

Boston Partners lifted its position in Vermilion Energy Inc. (NYSE:VET - Free Report) TSE: VET by 33.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 200,801 shares of the oil and gas company's stock after acquiring an additional 50,016 shares during the period. Boston Partners owned 0.13% of Vermilion Energy worth $1,888,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently modified their holdings of the company. Larson Financial Group LLC grew its holdings in Vermilion Energy by 1,123.6% in the fourth quarter. Larson Financial Group LLC now owns 4,356 shares of the oil and gas company's stock valued at $41,000 after purchasing an additional 4,000 shares during the period. Citizens Financial Group Inc. RI purchased a new stake in Vermilion Energy in the fourth quarter valued at $103,000. Amundi increased its position in shares of Vermilion Energy by 74.0% during the fourth quarter. Amundi now owns 11,020 shares of the oil and gas company's stock valued at $104,000 after acquiring an additional 4,685 shares during the last quarter. Truist Financial Corp purchased a new stake in Vermilion Energy in the fourth quarter valued at approximately $119,000. Finally, Blue Trust Inc. lifted its position in shares of Vermilion Energy by 45.6% during the fourth quarter. Blue Trust Inc. now owns 20,382 shares of the oil and gas company's stock worth $199,000 after purchasing an additional 6,386 shares in the last quarter. 31.91% of the stock is currently owned by hedge funds and other institutional investors.

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Vermilion Energy Trading Up 0.1 %

Shares of NYSE:VET traded up $0.01 during midday trading on Wednesday, reaching $8.30. The company's stock had a trading volume of 733,965 shares, compared to its average volume of 1,154,687. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of -2.22 and a beta of 1.91. Vermilion Energy Inc. has a 1 year low of $7.09 and a 1 year high of $12.79. The company has a quick ratio of 1.19, a current ratio of 1.25 and a debt-to-equity ratio of 0.36. The business has a 50 day moving average price of $8.83 and a 200 day moving average price of $9.41.

Vermilion Energy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a $0.0903 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.36 annualized dividend and a dividend yield of 4.35%. This is a positive change from Vermilion Energy's previous quarterly dividend of $0.09. Vermilion Energy's dividend payout ratio (DPR) is presently -163.64%.

Analysts Set New Price Targets

VET has been the subject of a number of recent research reports. StockNews.com downgraded shares of Vermilion Energy from a "buy" rating to a "hold" rating in a research note on Saturday, March 15th. Atb Cap Markets lowered shares of Vermilion Energy from a "strong-buy" rating to a "hold" rating in a research report on Thursday, February 13th. Finally, Desjardins downgraded Vermilion Energy from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, March 18th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold".

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.