Sciencast Management LP Makes New $174,000 Investment in Vermilion Energy Inc. (NYSE:VET)

Sciencast Management LP purchased a new position in shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 18,533 shares of the oil and gas company’s stock, valued at approximately $174,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. lifted its stake in shares of Vermilion Energy by 4.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 620,662 shares of the oil and gas company’s stock valued at $6,064,000 after acquiring an additional 23,787 shares during the last quarter. DRW Securities LLC lifted its stake in shares of Vermilion Energy by 55.1% in the 3rd quarter. DRW Securities LLC now owns 201,600 shares of the oil and gas company’s stock valued at $1,979,000 after acquiring an additional 71,600 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of Vermilion Energy by 345.4% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 592,839 shares of the oil and gas company’s stock valued at $5,790,000 after acquiring an additional 459,746 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Vermilion Energy by 11.8% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 190,013 shares of the oil and gas company’s stock valued at $1,857,000 after acquiring an additional 20,085 shares during the last quarter. Finally, Verition Fund Management LLC bought a new stake in shares of Vermilion Energy in the 3rd quarter valued at about $555,000. Institutional investors own 31.91% of the company’s stock.

Vermilion Energy Stock Down 0.3 %

Shares of NYSE:VET opened at $8.24 on Monday. Vermilion Energy Inc. has a 1 year low of $7.09 and a 1 year high of $12.79. The company has a market cap of $1.27 billion, a PE ratio of -2.20 and a beta of 1.91. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 1.19. The stock’s 50-day moving average is $8.91 and its 200 day moving average is $9.43.

Vermilion Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a dividend of $0.0903 per share. This represents a $0.36 dividend on an annualized basis and a yield of 4.39%. The ex-dividend date is Monday, March 31st. This is an increase from Vermilion Energy’s previous quarterly dividend of $0.09. Vermilion Energy’s payout ratio is currently -163.64%.

Analyst Ratings Changes

A number of research firms have recently weighed in on VET. Desjardins lowered Vermilion Energy from a “moderate buy” rating to a “hold” rating in a research note 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, StockNews.com downgraded Vermilion Energy from a “buy” rating to a “hold” rating in a report on Saturday, March 15th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

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.