Counterpoint Mutual Funds LLC Acquires New Shares in Vermilion Energy Inc. (NYSE:VET)

Counterpoint Mutual Funds LLC purchased a new position in shares of Vermilion Energy Inc. (NYSE:VET - Free Report) TSE: VET during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 79,509 shares of the oil and gas company's stock, valued at approximately $747,000. Counterpoint Mutual Funds LLC owned about 0.05% of Vermilion Energy as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Royce & Associates LP acquired a new position in shares of Vermilion Energy during the 3rd quarter worth approximately $6,001,000. The Manufacturers Life Insurance Company boosted its position in Vermilion Energy by 345.4% during the third quarter. The Manufacturers Life Insurance Company now owns 592,839 shares of the oil and gas company's stock worth $5,790,000 after purchasing an additional 459,746 shares during the period. Two Sigma Advisers LP increased its holdings in shares of Vermilion Energy by 72.8% in the third quarter. Two Sigma Advisers LP now owns 1,040,076 shares of the oil and gas company's stock valued at $10,162,000 after purchasing an additional 438,200 shares during the last quarter. PDT Partners LLC raised its position in shares of Vermilion Energy by 286.6% in the third quarter. PDT Partners LLC now owns 280,562 shares of the oil and gas company's stock valued at $2,741,000 after purchasing an additional 207,981 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new stake in shares of Vermilion Energy during the 3rd quarter worth about $1,947,000. Institutional investors own 31.91% of the company's stock.

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Vermilion Energy Stock Performance

NYSE VET traded down $0.03 during trading on Friday, reaching $8.24. The company's stock had a trading volume of 780,891 shares, compared to its average volume of 1,111,222. The company has a current ratio of 1.25, a quick ratio of 1.19 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $1.27 billion, a price-to-earnings ratio of -2.20 and a beta of 1.91. Vermilion Energy Inc. has a 12 month low of $7.09 and a 12 month high of $12.79. The firm has a 50 day moving average price of $8.95 and a 200 day moving average price of $9.45.

Vermilion Energy Increases Dividend

The business also recently disclosed 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. The ex-dividend date is Monday, March 31st. This is a boost from Vermilion Energy's previous quarterly dividend of $0.09. This represents a $0.36 annualized dividend and a yield of 4.39%. Vermilion Energy's payout ratio is currently -163.64%.

Analysts Set New Price Targets

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

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.