Vermilion Energy Inc. (NYSE:VET) Holdings Raised by Vanguard Group Inc.

Vanguard Group Inc. boosted its holdings in Vermilion Energy Inc. (NYSE:VET - Free Report) TSE: VET by 1.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,066,063 shares of the oil and gas company's stock after purchasing an additional 86,425 shares during the period. Vanguard Group Inc. owned about 3.93% of Vermilion Energy worth $57,100,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the business. XTX Topco Ltd increased its stake in Vermilion Energy by 18.3% during the third quarter. XTX Topco Ltd now owns 63,238 shares of the oil and gas company's stock valued at $618,000 after purchasing an additional 9,790 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in shares of Vermilion Energy during the 3rd quarter worth approximately $277,000. Public Employees Retirement System of Ohio bought a new stake in shares of Vermilion Energy in the 3rd quarter worth approximately $1,947,000. Barclays PLC boosted its position in Vermilion Energy by 1,469.8% during the 3rd quarter. Barclays PLC now owns 44,581 shares of the oil and gas company's stock valued at $435,000 after purchasing an additional 41,741 shares during the period. Finally, Toronto Dominion Bank grew its stake in Vermilion Energy by 6.2% during the 3rd quarter. Toronto Dominion Bank now owns 157,025 shares of the oil and gas company's stock worth $1,534,000 after buying an additional 9,154 shares during the last quarter. Institutional investors and hedge funds own 31.91% of the company's stock.

Analysts Set New Price Targets

VET has been the topic of a number of recent research reports. Desjardins cut Vermilion Energy from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, March 18th. Atb Cap Markets downgraded shares of Vermilion Energy from a "strong-buy" rating to a "hold" rating in a research report on Thursday, February 13th. Finally, StockNews.com cut shares of Vermilion Energy from a "buy" rating to a "hold" rating in a research report on Saturday, March 15th.

Vermilion Energy Stock Performance

Shares of NYSE:VET traded up $0.08 on Thursday, hitting $6.40. The company's stock had a trading volume of 171,354 shares, compared to its average volume of 1,254,154. The company has a market capitalization of $989.63 million, a price-to-earnings ratio of -1.71 and a beta of 1.43. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.19 and a current ratio of 1.25. Vermilion Energy Inc. has a 12 month low of $5.14 and a 12 month high of $12.68. The stock's 50-day moving average is $7.82 and its two-hundred day moving average is $9.09.

Vermilion Energy Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a dividend of $0.0903 per share. 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. This represents a $0.36 annualized dividend and a yield of 5.64%. Vermilion Energy's dividend payout ratio (DPR) is presently -163.64%.

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.