Vermilion Energy Inc. $VET Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lifted its position in Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 44.0% in the first quarter, HoldingsChannel reports. The firm owned 4,870,457 shares of the oil and gas company’s stock after buying an additional 1,487,870 shares during the period. Dimensional Fund Advisors LP’s holdings in Vermilion Energy were worth $67,114,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tower Research Capital LLC TRC raised its stake 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 worth $47,000 after purchasing an additional 4,136 shares during the period. State of Wyoming grew its stake in shares of Vermilion Energy by 24.3% in the 4th quarter. State of Wyoming now owns 8,929 shares of the oil and gas company’s stock valued at $74,000 after buying an additional 1,747 shares during the period. LPL Financial LLC acquired a new stake in shares of Vermilion Energy during the 4th quarter worth approximately $92,000. Mercer Global Advisors Inc. ADV increased its holdings in shares of Vermilion Energy by 12.2% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 11,846 shares of the oil and gas company’s stock worth $99,000 after buying an additional 1,289 shares during the last quarter. Finally, NewEdge Advisors LLC purchased a new stake in shares of Vermilion Energy during the 2nd quarter valued at approximately $105,000. 31.91% of the stock is currently owned by institutional investors and hedge funds.

Vermilion Energy Stock Up 3.4%

Vermilion Energy stock opened at $11.89 on Friday. Vermilion Energy Inc. has a fifty-two week low of $7.00 and a fifty-two week high of $14.82. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.58 and a current ratio of 0.63. The firm has a 50 day moving average price of $10.42 and a 200 day moving average price of $11.14. The company has a market capitalization of $1.82 billion, a PE ratio of -5.63 and a beta of 0.31.

Vermilion Energy (NYSE:VET) (TSE:VET) last released its quarterly earnings results on Wednesday, July 29th. The oil and gas company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.57. Vermilion Energy had a positive return on equity of 5.17% and a negative net margin of 22.48%.The company had revenue of $390.53 million for the quarter, compared to analysts’ expectations of $330.39 million.

Vermilion Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 15th will be paid a dividend of $0.135 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $0.54 annualized dividend and a yield of 4.5%. Vermilion Energy’s dividend payout ratio is presently -18.01%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Desjardins upgraded Vermilion Energy to a “hold” rating in a report on Thursday, July 16th. Royal Bank Of Canada restated a “sector perform” rating on shares of Vermilion Energy in a research report on Tuesday, May 19th. Weiss Ratings lowered Vermilion Energy from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, July 14th. Wall Street Zen raised Vermilion Energy from a “hold” rating to a “strong-buy” rating in a research report on Saturday. Finally, Zacks Research upgraded shares of Vermilion Energy from a “strong sell” rating to a “hold” rating in a report on Monday, June 8th. Two research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Vermilion Energy has an average rating of “Hold” and an average price target of $15.00.

About Vermilion Energy

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).