Trexquant Investment LP Buys 57,290 Shares of Vermilion Energy Inc. (NYSE:VET)

Trexquant Investment LP lifted its holdings in Vermilion Energy Inc. (NYSE:VET - Free Report) TSE: VET by 18.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 361,561 shares of the oil and gas company's stock after buying an additional 57,290 shares during the quarter. Trexquant Investment LP owned about 0.23% of Vermilion Energy worth $3,399,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Larson Financial Group LLC increased its position in Vermilion Energy by 1,123.6% in the 4th quarter. Larson Financial Group LLC now owns 4,356 shares of the oil and gas company's stock valued at $41,000 after acquiring an additional 4,000 shares in the last quarter. Citizens Financial Group Inc. RI bought a new stake in shares of Vermilion Energy during the fourth quarter valued at approximately $103,000. Amundi increased its holdings in shares of Vermilion Energy by 74.0% in the fourth quarter. Amundi now owns 11,020 shares of the oil and gas company's stock valued at $104,000 after purchasing an additional 4,685 shares in the last quarter. Truist Financial Corp bought a new position in Vermilion Energy in the 4th quarter worth approximately $119,000. Finally, Diametric Capital LP acquired a new position in Vermilion Energy during the 4th quarter worth $119,000. Institutional investors and hedge funds own 31.91% of the company's stock.

Vermilion Energy Trading Up 6.0 %

VET stock traded up $0.35 during midday trading on Friday, reaching $6.09. The company's stock had a trading volume of 1,248,852 shares, compared to its average volume of 1,144,306. The business's 50-day simple moving average is $7.99 and its 200-day simple moving average is $9.15. 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 $12.78. The stock has a market cap of $940.92 million, a PE ratio of -1.63 and a beta of 1.43.

Vermilion Energy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a $0.0903 dividend. This is a positive change from Vermilion Energy's previous quarterly dividend of $0.09. This represents a $0.36 annualized dividend and a dividend yield of 5.94%. The ex-dividend date of this dividend is Monday, March 31st. Vermilion Energy's dividend payout ratio (DPR) is currently -163.64%.

Analyst Ratings Changes

Several research firms have recently commented on VET. StockNews.com cut Vermilion Energy from a "buy" rating to a "hold" rating in a research note on Saturday, March 15th. Atb Cap Markets cut Vermilion Energy from a "strong-buy" rating to a "hold" rating in a report on Thursday, February 13th. Finally, Desjardins cut Vermilion Energy from a "moderate buy" rating to a "hold" rating in a report 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.