Vermilion Energy Inc. (NYSE:VET - Get Free Report) TSE: VET's share price gapped down prior to trading on Thursday . The stock had previously closed at $8.15, but opened at $7.93. Vermilion Energy shares last traded at $7.76, with a volume of 205,167 shares traded.
Wall Street Analysts Forecast Growth
VET has been the subject of several recent analyst reports. Atb Cap Markets downgraded shares of Vermilion Energy from a "strong-buy" rating to a "hold" rating in a research note on Thursday, February 13th. StockNews.com upgraded Vermilion Energy from a "hold" rating to a "buy" rating in a report on Friday, March 7th.
View Our Latest Report on VET
Vermilion Energy Stock Down 6.5 %
The firm has a market capitalization of $1.18 billion, a price-to-earnings ratio of -2.04 and a beta of 1.91. 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 company's 50 day moving average price is $9.21 and its 200 day moving average price is $9.54.
Vermilion Energy Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a dividend of $0.0903 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.36 dividend on an annualized basis and a yield of 4.74%. This is a boost from Vermilion Energy's previous quarterly dividend of $0.09. Vermilion Energy's payout ratio is currently -163.64%.
Institutional Trading of Vermilion Energy
Several institutional investors and hedge funds have recently bought and sold shares of the business. LM Asset IM Inc. acquired a new position in Vermilion Energy during the fourth quarter valued at $18,806,000. Public Employees Retirement System of Ohio raised its stake in shares of Vermilion Energy by 5.2% during the 4th quarter. Public Employees Retirement System of Ohio now owns 209,676 shares of the oil and gas company's stock valued at $1,973,000 after buying an additional 10,453 shares during the last quarter. Voloridge Investment Management LLC lifted its holdings in shares of Vermilion Energy by 38.7% in the 4th quarter. Voloridge Investment Management LLC now owns 937,415 shares of the oil and gas company's stock valued at $8,812,000 after buying an additional 261,353 shares during the period. Vident Advisory LLC boosted its stake in shares of Vermilion Energy by 107.6% in the fourth quarter. Vident Advisory LLC now owns 68,258 shares of the oil and gas company's stock worth $642,000 after buying an additional 35,381 shares during the last quarter. Finally, Two Sigma Advisers LP raised its position in Vermilion Energy by 13.6% during the fourth quarter. Two Sigma Advisers LP now owns 1,181,076 shares of the oil and gas company's stock valued at $11,102,000 after acquiring an additional 141,000 shares in the last quarter. 31.91% of the stock is currently owned by institutional investors and hedge funds.
About Vermilion Energy
(
Get 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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