Two Sigma Advisers LP Grows Stock Holdings in Vermilion Energy Inc. (NYSE:VET)

Two Sigma Advisers LP boosted its holdings in shares of Vermilion Energy Inc. (NYSE:VET - Free Report) TSE: VET by 72.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,040,076 shares of the oil and gas company's stock after acquiring an additional 438,200 shares during the period. Two Sigma Advisers LP owned 0.67% of Vermilion Energy worth $10,162,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its position in Vermilion Energy by 2,569.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,817 shares of the oil and gas company's stock valued at $41,000 after acquiring an additional 3,674 shares during the period. Net Worth Advisory Group purchased a new position in Vermilion Energy during the 3rd quarter valued at about $115,000. Marshall Wace LLP purchased a new position in Vermilion Energy during the 2nd quarter valued at about $122,000. Blue Trust Inc. raised its holdings in Vermilion Energy by 601.9% in the third quarter. Blue Trust Inc. now owns 13,996 shares of the oil and gas company's stock worth $137,000 after buying an additional 12,002 shares during the last quarter. Finally, Aigen Investment Management LP raised its holdings in Vermilion Energy by 29.8% in the third quarter. Aigen Investment Management LP now owns 27,148 shares of the oil and gas company's stock worth $265,000 after buying an additional 6,229 shares during the last quarter. 31.91% of the stock is owned by hedge funds and other institutional investors.

Vermilion Energy Stock Down 2.4 %

Vermilion Energy stock traded down $0.23 during trading hours on Tuesday, hitting $9.53. The stock had a trading volume of 806,529 shares, compared to its average volume of 1,144,226. The company has a quick ratio of 1.19, a current ratio of 1.25 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $1.48 billion, a P/E ratio of -2.61 and a beta of 1.99. Vermilion Energy Inc. has a 12-month low of $8.70 and a 12-month high of $12.94. The stock's 50-day moving average price is $9.94 and its 200-day moving average price is $10.33.

Vermilion Energy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a $0.089 dividend. The ex-dividend date of this dividend is Tuesday, December 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 3.74%. Vermilion Energy's payout ratio is -9.63%.

Wall Street Analysts Forecast Growth

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

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.