Cantor Fitzgerald L. P. Takes Position in Vermilion Energy Inc. (NYSE:VET)

Cantor Fitzgerald L. P. purchased a new position in Vermilion Energy Inc. (NYSE:VET) (TSE:VET) during the fourth quarter, Holdings Channel.com reports. The fund purchased 14,610 shares of the oil and gas company’s stock, valued at approximately $137,000.

Several other institutional investors have also bought and sold shares of VET. Bank of Montreal Can raised its position in shares of Vermilion Energy by 10.4% in the fourth quarter. Bank of Montreal Can now owns 586,529 shares of the oil and gas company’s stock valued at $5,514,000 after purchasing an additional 55,443 shares during the period. Vanguard Group Inc. grew its stake in Vermilion Energy by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 6,066,063 shares of the oil and gas company’s stock valued at $57,100,000 after buying an additional 86,425 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC raised its holdings in Vermilion Energy by 26.1% during the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 1,109,501 shares of the oil and gas company’s stock valued at $10,429,000 after acquiring an additional 229,900 shares during the period. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Vermilion Energy during the fourth quarter worth $761,000. Finally, Alberta Investment Management Corp lifted its position in shares of Vermilion Energy by 12.8% during the fourth quarter. Alberta Investment Management Corp now owns 719,000 shares of the oil and gas company’s stock worth $6,764,000 after acquiring an additional 81,500 shares in the last quarter. Hedge funds and other institutional investors own 31.91% of the company’s stock.

Vermilion Energy Price Performance

Shares of NYSE VET opened at $6.03 on Tuesday. The stock’s 50-day simple moving average is $7.12 and its two-hundred day simple moving average is $8.74. Vermilion Energy Inc. has a twelve month low of $5.14 and a twelve month high of $12.68. The firm has a market capitalization of $929.69 million, a P/E ratio of -1.61 and a beta of 1.43. 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 Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were paid a $0.0903 dividend. This is an increase from Vermilion Energy’s previous quarterly dividend of $0.09. This represents a $0.36 dividend on an annualized basis and a yield of 5.99%. The ex-dividend date was Monday, March 31st. Vermilion Energy’s dividend payout ratio (DPR) is currently -163.64%.

Analyst Ratings Changes

A number of research firms recently issued reports on VET. StockNews.com lowered 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 research report on Thursday, February 13th. Desjardins lowered shares of Vermilion Energy from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, March 18th. Finally, National Bankshares reaffirmed an “outperform” rating on shares of Vermilion Energy in a report on Friday, April 25th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, Vermilion Energy presently has a consensus rating of “Hold”.

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.