10,000 Shares in Vermilion Energy Inc. (NYSE:VET) Acquired by Northern Trust Corp

Northern Trust Corp purchased a new position in shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 10,000 shares of the oil and gas company’s stock, valued at approximately $94,000.

A number of other large investors have also bought and sold shares of the business. Hsbc Holdings PLC bought a new stake in Vermilion Energy during the 4th quarter worth approximately $104,000. First Trust Advisors LP grew its position in Vermilion Energy by 20.5% during the 4th quarter. First Trust Advisors LP now owns 422,008 shares of the oil and gas company’s stock worth $3,967,000 after acquiring an additional 71,762 shares during the last quarter. Marshall Wace LLP bought a new stake in Vermilion Energy during the 4th quarter worth approximately $1,504,000. Barclays PLC grew its position in Vermilion Energy by 10.5% during the 4th quarter. Barclays PLC now owns 49,257 shares of the oil and gas company’s stock worth $463,000 after acquiring an additional 4,676 shares during the last quarter. Finally, Renaissance Group LLC grew its position in Vermilion Energy by 24.5% during the 4th quarter. Renaissance Group LLC now owns 662,663 shares of the oil and gas company’s stock worth $6,229,000 after acquiring an additional 130,202 shares during the last quarter. 31.91% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have issued reports on VET. National Bankshares reaffirmed an “outperform” rating on shares of Vermilion Energy in a report on Friday, April 25th. Desjardins downgraded Vermilion Energy from a “moderate buy” rating to a “hold” rating in a report on Tuesday, March 18th. Atb Cap Markets downgraded Vermilion Energy from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 13th. Finally, Wall Street Zen downgraded Vermilion Energy from a “buy” rating to a “hold” rating in a report on Saturday, March 15th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, Vermilion Energy has a consensus rating of “Hold”.

Vermilion Energy Stock Performance

VET stock opened at $6.91 on Wednesday. The business’s fifty day moving average is $6.54 and its 200-day moving average is $8.30. 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 has a market cap of $1.07 billion, a P/E ratio of -1.85 and a beta of 1.12. Vermilion Energy Inc. has a twelve month low of $5.14 and a twelve month high of $11.92.

Vermilion Energy (NYSE:VET) (TSE:VET) last posted its quarterly earnings results on Wednesday, May 7th. The oil and gas company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.10). The company had revenue of $395.26 million during the quarter, compared to analyst estimates of $569.00 million. Vermilion Energy had a negative net margin of 41.53% and a positive return on equity of 6.29%. Equities research analysts forecast that Vermilion Energy Inc. will post 0.22 EPS for the current year.

Vermilion Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were paid a dividend of $0.0903 per share. This represents a $0.36 annualized dividend and a yield of 5.23%. The ex-dividend date of this dividend was Monday, March 31st. This is an increase from Vermilion Energy’s previous quarterly dividend of $0.09. Vermilion Energy’s dividend payout ratio (DPR) is presently -225.00%.

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.