American Century Companies Inc. Purchases 462,109 Shares of Vermilion Energy Inc. $VET

American Century Companies Inc. raised its position in Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 19.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,832,829 shares of the oil and gas company’s stock after purchasing an additional 462,109 shares during the quarter. American Century Companies Inc. owned 1.84% of Vermilion Energy worth $22,934,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Northern Trust Corp bought a new position in Vermilion Energy in the fourth quarter valued at about $94,000. Hsbc Holdings PLC bought a new position in Vermilion Energy in the fourth quarter valued at about $104,000. Bayesian Capital Management LP bought a new position in Vermilion Energy in the fourth quarter valued at about $114,000. Renaissance Technologies LLC bought a new position in Vermilion Energy in the fourth quarter valued at about $114,000. Finally, Cerity Partners LLC bought a new position in Vermilion Energy in the fourth quarter valued at about $122,000. 31.91% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

VET has been the topic of a number of analyst reports. Wall Street Zen lowered Vermilion Energy from a “hold” rating to a “sell” rating in a research report on Saturday, August 9th. BMO Capital Markets reiterated a “market perform” rating on shares of Vermilion Energy in a research report on Friday, August 8th. Finally, Desjardins upgraded Vermilion Energy from a “hold” rating to a “buy” rating in a research report on Thursday, June 5th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Vermilion Energy has an average rating of “Moderate Buy”.

Vermilion Energy Stock Performance

VET stock opened at $7.5950 on Friday. The stock has a 50-day moving average price of $7.75 and a 200-day moving average price of $7.48. Vermilion Energy Inc. has a 1-year low of $5.14 and a 1-year high of $10.85. The company has a current ratio of 1.94, a quick ratio of 1.84 and a debt-to-equity ratio of 0.74. The firm has a market cap of $1.17 billion, a PE ratio of -8.73 and a beta of 1.22.

Vermilion Energy (NYSE:VET) (TSE:VET) last posted its quarterly earnings data on Thursday, August 7th. The oil and gas company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.14). Vermilion Energy had a positive return on equity of 0.17% and a negative net margin of 9.29%.The business had revenue of $392.33 million during the quarter, compared to the consensus estimate of $562.50 million. As a group, equities research analysts expect that Vermilion Energy Inc. will post 0.22 earnings per share for the current year.

Vermilion Energy Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 1st were given a dividend of $0.13 per share. This represents a dividend yield of 466.0%. The ex-dividend date of this dividend was Monday, June 30th. Vermilion Energy’s dividend payout ratio is -43.68%.

Vermilion Energy Company 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.