Tower Research Capital LLC TRC grew its position in Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 424.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,619 shares of the oil and gas company’s stock after purchasing an additional 8,593 shares during the period. Tower Research Capital LLC TRC’s holdings in Vermilion Energy were worth $436,000 at the end of the most recent quarter.
Several other hedge funds have also recently made changes to their positions in the company. Goldman Sachs Group Inc. increased its holdings in shares of Vermilion Energy by 177.8% in the second quarter. Goldman Sachs Group Inc. now owns 182,857 shares of the oil and gas company’s stock valued at $5,803,000 after purchasing an additional 117,028 shares during the period. Guardian Capital LP grew its holdings in Vermilion Energy by 71.3% during the second quarter. Guardian Capital LP now owns 2,869,750 shares of the oil and gas company’s stock worth $90,935,000 after acquiring an additional 1,194,092 shares during the period. Guardian Capital Advisors LP grew its holdings in Vermilion Energy by 15.2% during the second quarter. Guardian Capital Advisors LP now owns 59,945 shares of the oil and gas company’s stock worth $2,376,000 after acquiring an additional 7,905 shares during the period. Bank of Nova Scotia Trust Co. grew its holdings in Vermilion Energy by 0.7% during the second quarter. Bank of Nova Scotia Trust Co. now owns 183,101 shares of the oil and gas company’s stock worth $5,810,000 after acquiring an additional 1,250 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in Vermilion Energy by 10.8% during the second quarter. Dimensional Fund Advisors LP now owns 134,703 shares of the oil and gas company’s stock worth $4,274,000 after acquiring an additional 13,180 shares during the period. 53.57% of the stock is currently owned by institutional investors and hedge funds.
Several research firms recently commented on VET. Zacks Investment Research raised Vermilion Energy from a “hold” rating to a “strong-buy” rating and set a $39.00 target price on the stock in a report on Wednesday, September 13th. BidaskClub lowered Vermilion Energy from a “sell” rating to a “strong sell” rating in a report on Wednesday, August 16th. Scotiabank reissued a “buy” rating and issued a $52.50 price objective on shares of Vermilion Energy in a report on Tuesday, October 10th. Finally, Royal Bank Of Canada upgraded Vermilion Energy from a “sector perform” rating to an “outperform” rating in a research report on Thursday, July 27th. Two investment analysts have rated the stock with a sell rating and four have given a buy rating to the stock. Vermilion Energy has a consensus rating of “Hold” and a consensus price target of $54.10.
Shares of Vermilion Energy Inc. (NYSE:VET) traded down 0.06% during trading on Wednesday, reaching $34.83. The company had a trading volume of 119,037 shares. The firm’s 50 day moving average price is $34.93 and its 200 day moving average price is $33.73. The firm has a market capitalization of $4.22 billion, a P/E ratio of 68.29 and a beta of 0.53. Vermilion Energy Inc. has a 12 month low of $29.91 and a 12 month high of $44.95.
Vermilion Energy (NYSE:VET) (TSE:VET) last issued its earnings results on Wednesday, July 26th. The oil and gas company reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.37. The company had revenue of $201.70 million during the quarter. Vermilion Energy had a net margin of 7.17% and a return on equity of 4.52%. Equities analysts predict that Vermilion Energy Inc. will post $0.67 EPS for the current year.
The business also recently announced a monthly dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Tuesday, October 31st will be paid a dividend of $0.1726 per share. This represents a $2.07 dividend on an annualized basis and a dividend yield of 5.94%. The ex-dividend date of this dividend is Monday, October 30th. Vermilion Energy’s dividend payout ratio (DPR) is currently 438.30%.
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Vermilion Energy Company Profile
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