Russell Investments Group Ltd. lifted its holdings in shares of Vermilion Energy Inc. (NYSE:VET - Free Report) TSE: VET by 267.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 159,556 shares of the oil and gas company's stock after purchasing an additional 116,102 shares during the quarter. Russell Investments Group Ltd. owned 0.10% of Vermilion Energy worth $1,498,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of VET. Larson Financial Group LLC boosted its holdings in shares of Vermilion Energy by 1,123.6% during the 4th quarter. Larson Financial Group LLC now owns 4,356 shares of the oil and gas company's stock worth $41,000 after buying an additional 4,000 shares during the period. Citizens Financial Group Inc. RI acquired a new position in Vermilion Energy during the 4th quarter worth about $103,000. Amundi grew its holdings in Vermilion Energy by 74.0% during the 4th quarter. Amundi now owns 11,020 shares of the oil and gas company's stock worth $104,000 after acquiring an additional 4,685 shares during the period. Truist Financial Corp bought a new stake in Vermilion Energy in the fourth quarter valued at $119,000. Finally, Diametric Capital LP bought a new position in shares of Vermilion Energy in the fourth quarter valued at $119,000. 31.91% of the stock is currently owned by institutional investors and hedge funds.
Vermilion Energy Price Performance
Shares of NYSE:VET traded down $0.14 during trading on Monday, hitting $6.38. 850,626 shares of the company's stock were exchanged, compared to its average volume of 1,158,161. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 1.19. The business's 50-day simple moving average is $7.64 and its 200 day simple moving average is $9.00. Vermilion Energy Inc. has a 52-week low of $5.14 and a 52-week high of $12.68. The company has a market cap of $986.54 million, a price-to-earnings ratio of -1.71 and a beta of 1.43.
Vermilion Energy Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were issued a dividend of $0.0903 per share. This represents a $0.36 annualized dividend and a dividend yield of 5.66%. This is a boost from Vermilion Energy's previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Monday, March 31st. Vermilion Energy's dividend payout ratio is -163.64%.
Wall Street Analyst Weigh In
A number of research analysts have recently weighed in on the stock. Desjardins downgraded shares of Vermilion Energy from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, March 18th. StockNews.com downgraded Vermilion Energy from a "buy" rating to a "hold" rating in a report on Saturday, March 15th. Finally, Atb Cap Markets downgraded Vermilion Energy from a "strong-buy" rating to a "hold" rating in a report on Thursday, February 13th.
Read Our Latest Stock Report on VET
Vermilion Energy Profile
(
Free Report)
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.
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