Vermilion Energy Inc. $VET Shares Acquired by Numerai GP LLC

Numerai GP LLC boosted its stake in Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 36.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 294,383 shares of the oil and gas company’s stock after purchasing an additional 78,433 shares during the quarter. Numerai GP LLC owned about 0.19% of Vermilion Energy worth $2,302,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the stock. Tower Research Capital LLC TRC lifted its position in Vermilion Energy by 178.7% during the second 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 in the last quarter. State of Wyoming acquired a new stake in shares of Vermilion Energy in the third quarter worth $56,000. Blue Trust Inc. raised its stake in shares of Vermilion Energy by 18.9% in the 3rd quarter. Blue Trust Inc. now owns 9,249 shares of the oil and gas company’s stock valued at $72,000 after acquiring an additional 1,471 shares during the period. Savant Capital LLC purchased a new position in shares of Vermilion Energy in the 2nd quarter valued at $82,000. Finally, NewEdge Advisors LLC acquired a new position in shares of Vermilion Energy during the 2nd quarter valued at $105,000. Hedge funds and other institutional investors own 31.91% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on VET. Royal Bank Of Canada lifted their price target on shares of Vermilion Energy from $14.00 to $15.00 and gave the stock a “sector perform” rating in a research note on Thursday, March 5th. Wall Street Zen downgraded Vermilion Energy from a “hold” rating to a “sell” rating in a research note on Saturday, March 7th. TD Securities reaffirmed a “hold” rating on shares of Vermilion Energy in a research report on Thursday, March 5th. BMO Capital Markets reiterated a “market perform” rating on shares of Vermilion Energy in a research note on Thursday, December 11th. Finally, Zacks Research raised Vermilion Energy from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 10th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Vermilion Energy has a consensus rating of “Hold” and an average target price of $15.00.

Vermilion Energy Price Performance

Shares of NYSE:VET opened at $11.97 on Tuesday. The company has a quick ratio of 0.76, a current ratio of 0.84 and a debt-to-equity ratio of 0.58. The firm has a 50-day simple moving average of $10.03 and a 200 day simple moving average of $8.80. Vermilion Energy Inc. has a fifty-two week low of $5.14 and a fifty-two week high of $12.05. The company has a market cap of $1.83 billion, a PE ratio of -3.91 and a beta of 0.61.

Vermilion Energy (NYSE:VET) (TSE:VET) last announced its quarterly earnings results on Wednesday, March 4th. The oil and gas company reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.33. Vermilion Energy had a positive return on equity of 3.80% and a negative net margin of 34.30%.The business had revenue of $334.64 million for the quarter, compared to analysts’ expectations of $384.74 million. On average, sell-side analysts anticipate that Vermilion Energy Inc. will post 0.22 EPS for the current year.

Vermilion Energy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be given a $0.135 dividend. This is a positive change from Vermilion Energy’s previous quarterly dividend of $0.13. The ex-dividend date is Friday, March 13th. This represents a $0.54 annualized dividend and a yield of 4.5%. Vermilion Energy’s payout ratio is currently -12.75%.

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).