TD Waterhouse Canada Inc. Lowers Position in Vermilion Energy Inc. (NYSE:VET)

TD Waterhouse Canada Inc. trimmed its holdings in shares of Vermilion Energy Inc. (NYSE:VET - Free Report) TSE: VET by 31.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 653,935 shares of the oil and gas company's stock after selling 293,791 shares during the quarter. TD Waterhouse Canada Inc. owned about 0.42% of Vermilion Energy worth $6,115,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the business. Larson Financial Group LLC grew its holdings in shares of Vermilion Energy by 1,123.6% during the fourth quarter. Larson Financial Group LLC now owns 4,356 shares of the oil and gas company's stock worth $41,000 after purchasing an additional 4,000 shares in the last quarter. Citizens Financial Group Inc. RI purchased a new position in Vermilion Energy in the 4th quarter worth approximately $103,000. Amundi increased its holdings in shares of Vermilion Energy by 74.0% in the 4th quarter. Amundi now owns 11,020 shares of the oil and gas company's stock worth $104,000 after buying an additional 4,685 shares during the last quarter. Renaissance Technologies LLC purchased a new stake in shares of Vermilion Energy during the 4th quarter valued at $114,000. Finally, Truist Financial Corp purchased a new stake in shares of Vermilion Energy during the 4th quarter valued at $119,000. 31.91% of the stock is currently owned by institutional investors.

Vermilion Energy Price Performance

Shares of NYSE:VET opened at $6.53 on Wednesday. The company's fifty day moving average is $7.59 and its 200 day moving average is $8.98. The company has a quick ratio of 1.19, a current ratio of 1.25 and a debt-to-equity ratio of 0.36. Vermilion Energy Inc. has a 52 week low of $5.14 and a 52 week high of $12.68. The stock has a market cap of $1.01 billion, a PE ratio of -1.74 and a beta of 1.43.

Vermilion Energy Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a $0.0903 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 5.54%. The ex-dividend date was Monday, March 31st. This is a positive change from Vermilion Energy's previous quarterly dividend of $0.09. Vermilion Energy's payout ratio is -163.64%.

Analyst Ratings Changes

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

About Vermilion Energy

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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