Quantbot Technologies LP Acquires 25,447 Shares of Vermilion Energy Inc. (NYSE:VET)

Quantbot Technologies LP lifted its holdings in shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 19.1% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 158,914 shares of the oil and gas company’s stock after acquiring an additional 25,447 shares during the period. Quantbot Technologies LP owned approximately 0.10% of Vermilion Energy worth $1,494,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the business. Larson Financial Group LLC lifted its stake in Vermilion Energy by 1,123.6% during the fourth quarter. Larson Financial Group LLC now owns 4,356 shares of the oil and gas company’s stock worth $41,000 after purchasing an additional 4,000 shares during the period. Citizens Financial Group Inc. RI acquired a new position in shares of Vermilion Energy in the 4th quarter worth approximately $103,000. Amundi raised its holdings in shares of Vermilion Energy by 74.0% in the 4th quarter. Amundi now owns 11,020 shares of the oil and gas company’s stock worth $104,000 after buying an additional 4,685 shares in the last quarter. Truist Financial Corp bought a new position in shares of Vermilion Energy during the 4th quarter worth approximately $119,000. Finally, Magnetar Financial LLC acquired a new stake in Vermilion Energy in the 4th quarter valued at $156,000. 31.91% of the stock is currently owned by institutional investors and hedge funds.

Vermilion Energy Stock Up 0.7 %

Shares of NYSE:VET opened at $8.28 on Tuesday. 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 firm has a market cap of $1.28 billion, a P/E ratio of -2.21 and a beta of 1.91. Vermilion Energy Inc. has a 12 month low of $7.09 and a 12 month high of $12.79. The company’s 50-day moving average price is $8.87 and its two-hundred day moving average price is $9.42.

Vermilion Energy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.0903 per share. This is a boost from Vermilion Energy’s previous quarterly dividend of $0.09. This represents a $0.36 annualized dividend and a dividend yield of 4.36%. The ex-dividend date of this dividend is Monday, March 31st. Vermilion Energy’s dividend payout ratio is -163.64%.

Analyst Ratings Changes

Several equities research analysts have recently commented on VET shares. Atb Cap Markets downgraded shares of Vermilion Energy from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 13th. StockNews.com cut shares of Vermilion Energy from a “buy” rating to a “hold” rating in a research note on Saturday, March 15th. Finally, Desjardins cut Vermilion Energy from a “moderate buy” rating to a “hold” rating in a report on Tuesday, March 18th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

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.