Vermilion Energy Inc. $VET Shares Acquired by Vontobel Holding Ltd.

Vontobel Holding Ltd. increased its position in shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 134.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 217,000 shares of the oil and gas company’s stock after purchasing an additional 124,500 shares during the period. Vontobel Holding Ltd. owned approximately 0.14% of Vermilion Energy worth $1,695,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Drum Hill Capital LLC boosted its holdings in Vermilion Energy by 0.6% in the 3rd quarter. Drum Hill Capital LLC now owns 310,043 shares of the oil and gas company’s stock valued at $2,425,000 after purchasing an additional 1,839 shares in the last quarter. Tactive Advisors LLC raised its stake in shares of Vermilion Energy by 8.6% during the 3rd quarter. Tactive Advisors LLC now owns 107,302 shares of the oil and gas company’s stock worth $839,000 after buying an additional 8,467 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of Vermilion Energy by 178.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 6,450 shares of the oil and gas company’s stock valued at $47,000 after buying an additional 4,136 shares during the period. Vident Advisory LLC boosted its stake in shares of Vermilion Energy by 6.0% in the second quarter. Vident Advisory LLC now owns 47,694 shares of the oil and gas company’s stock valued at $347,000 after buying an additional 2,691 shares in the last quarter. Finally, LM Asset IM Inc. grew its holdings in Vermilion Energy by 14.3% during the second quarter. LM Asset IM Inc. now owns 2,790,000 shares of the oil and gas company’s stock worth $20,327,000 after acquiring an additional 350,000 shares during the period. Institutional investors and hedge funds own 31.91% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on VET shares. Desjardins cut Vermilion Energy from a “moderate buy” rating to a “hold” rating in a research report on Thursday, October 16th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Vermilion Energy in a research note on Wednesday, October 8th. BMO Capital Markets reiterated a “market perform” rating on shares of Vermilion Energy in a report on Thursday, December 11th. TD Securities reiterated a “buy” rating on shares of Vermilion Energy in a research note on Thursday, December 11th. Finally, Scotiabank reissued a “sector perform” rating on shares of Vermilion Energy in a report on Thursday, October 9th. Two equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Vermilion Energy Trading Down 0.5%

Shares of VET stock opened at $8.21 on Friday. The stock has a market cap of $1.26 billion, a P/E ratio of -7.46 and a beta of 0.69. The company has a quick ratio of 0.71, a current ratio of 0.81 and a debt-to-equity ratio of 0.49. Vermilion Energy Inc. has a fifty-two week low of $5.14 and a fifty-two week high of $10.49. The business has a fifty day simple moving average of $8.35 and a 200-day simple moving average of $7.97.

Vermilion Energy (NYSE:VET) (TSE:VET) last issued its quarterly earnings data on Wednesday, November 5th. The oil and gas company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.06). The business had revenue of $337.28 million during the quarter, compared to analyst estimates of $373.83 million. Vermilion Energy had a negative net margin of 12.08% and a negative return on equity of 1.90%. On average, analysts forecast that Vermilion Energy Inc. will post 0.22 earnings per share for the current fiscal year.

Vermilion Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be paid a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend is Monday, December 15th. Vermilion Energy’s dividend payout ratio (DPR) is -33.64%.

Vermilion Energy Profile

Vermilion Energy Inc is a Canadian-based international oil and gas producer headquartered in Calgary, Alberta. Established in 1994, the company focuses on the exploration, development and production of crude oil and natural gas reserves through its wholly owned and joint venture assets. Vermilion’s upstream operations target a balance of oil and gas projects across various regions, with an emphasis on high-quality resource plays that can deliver stable cash flow and long-term reserves replacement.

Vermilion’s product portfolio includes light and medium crude oil, heavy oil, natural gas and natural gas liquids (NGLs).