Versor Investments LP Has $344,000 Stock Holdings in VAALCO Energy, Inc. (NYSE:EGY)

Versor Investments LP increased its stake in shares of VAALCO Energy, Inc. (NYSE:EGY - Free Report) by 603.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 78,800 shares of the energy company's stock after buying an additional 67,600 shares during the period. Versor Investments LP owned 0.07% of VAALCO Energy worth $344,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Intech Investment Management LLC bought a new stake in VAALCO Energy in the 3rd quarter valued at about $173,000. Barclays PLC boosted its holdings in VAALCO Energy by 319.0% in the 3rd quarter. Barclays PLC now owns 160,736 shares of the energy company's stock valued at $923,000 after purchasing an additional 122,373 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in VAALCO Energy by 66.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 962,824 shares of the energy company's stock valued at $5,527,000 after purchasing an additional 386,071 shares during the period. JPMorgan Chase & Co. boosted its holdings in VAALCO Energy by 172.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 152,798 shares of the energy company's stock valued at $877,000 after purchasing an additional 96,627 shares during the period. Finally, Kornitzer Capital Management Inc. KS boosted its holdings in VAALCO Energy by 5.0% in the 3rd quarter. Kornitzer Capital Management Inc. KS now owns 2,538,955 shares of the energy company's stock valued at $14,574,000 after purchasing an additional 121,005 shares during the period. Institutional investors own 50.32% of the company's stock.

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Analyst Ratings Changes

Separately, StockNews.com downgraded shares of VAALCO Energy from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th.

VAALCO Energy Price Performance

Shares of NYSE:EGY traded down $0.06 during midday trading on Thursday, hitting $3.66. The stock had a trading volume of 347,416 shares, compared to its average volume of 996,029. The company's 50-day moving average price is $4.29 and its 200-day moving average price is $5.12. The company has a market capitalization of $384.12 million, a P/E ratio of 4.32 and a beta of 1.18. The company has a quick ratio of 1.32, a current ratio of 1.34 and a debt-to-equity ratio of 0.14. VAALCO Energy, Inc. has a fifty-two week low of $3.57 and a fifty-two week high of $7.51.

VAALCO Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 28th will be given a $0.0625 dividend. This represents a $0.25 annualized dividend and a dividend yield of 6.84%. The ex-dividend date is Friday, February 28th. VAALCO Energy's payout ratio is presently 29.41%.

VAALCO Energy Company Profile

VAALCO Energy, Inc, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids in Gabon, Egypt, Equatorial Guinea, and Canada. The company holds 58.8% interest in the Etame production sharing contract related to the Etame Marin block covering an area of approximately 46,200 gross acres located offshore in the Republic of Gabon in West Africa.