PDT Partners LLC Has $2.74 Million Stock Holdings in Vermilion Energy Inc. (NYSE:VET)

PDT Partners LLC boosted its holdings in shares of Vermilion Energy Inc. (NYSE:VET - Free Report) TSE: VET by 286.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 280,562 shares of the oil and gas company's stock after purchasing an additional 207,981 shares during the period. PDT Partners LLC owned 0.18% of Vermilion Energy worth $2,741,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Verition Fund Management LLC acquired a new stake in shares of Vermilion Energy during the third quarter worth $555,000. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Vermilion Energy by 11.8% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 190,013 shares of the oil and gas company's stock valued at $1,857,000 after purchasing an additional 20,085 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in Vermilion Energy by 345.4% in the third quarter. The Manufacturers Life Insurance Company now owns 592,839 shares of the oil and gas company's stock valued at $5,790,000 after purchasing an additional 459,746 shares during the last quarter. DRW Securities LLC increased its holdings in Vermilion Energy by 55.1% in the third quarter. DRW Securities LLC now owns 201,600 shares of the oil and gas company's stock valued at $1,979,000 after purchasing an additional 71,600 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in Vermilion Energy by 4.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 620,662 shares of the oil and gas company's stock valued at $6,064,000 after purchasing an additional 23,787 shares during the last quarter. 31.91% of the stock is owned by institutional investors and hedge funds.

Vermilion Energy Trading Up 0.4 %

NYSE:VET traded up $0.04 on Friday, reaching $10.24. The company's stock had a trading volume of 275,672 shares, compared to its average volume of 1,260,367. Vermilion Energy Inc. has a 1-year low of $8.70 and a 1-year high of $13.03. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.19 and a current ratio of 1.25. The firm has a market cap of $1.59 billion, a PE ratio of -2.74 and a beta of 2.00. The business's 50-day moving average price is $9.92 and its two-hundred day moving average price is $10.44.

Vermilion Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.089 per share. This is a boost from Vermilion Energy's previous quarterly dividend of $0.09. This represents a $0.36 annualized dividend and a dividend yield of 3.48%. The ex-dividend date of this dividend is Tuesday, December 31st. Vermilion Energy's dividend payout ratio is currently -9.63%.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets downgraded Vermilion Energy from an "outperform" rating to a "market perform" rating in a report on Friday, October 4th.

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.