Shares of Vermilion Energy Inc. (NYSE:VET) rose 2.9% on Thursday . The company traded as high as $33.08 and last traded at $32.90, with a volume of 53,827 shares traded. The stock had previously closed at $31.97.

VET has been the subject of a number of recent analyst reports. Royal Bank Of Canada reiterated a “sector perform” rating and set a $42.00 price target on shares of Vermilion Energy in a report on Monday, May 9th. Desjardins reissued a “buy” rating and set a $44.00 price objective (up previously from $42.00) on shares of Vermilion Energy in a research report on Tuesday, May 10th. TD Securities reissued a “buy” rating and set a $49.00 price objective (up previously from $44.00) on shares of Vermilion Energy in a research report on Tuesday, May 10th. Zacks Investment Research cut shares of Vermilion Energy from a “hold” rating to a “sell” rating in a research report on Wednesday, May 11th. Finally, CIBC reissued an “outperform” rating and set a $50.00 price objective on shares of Vermilion Energy in a research report on Wednesday, June 15th. One analyst has rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the company’s stock. Vermilion Energy presently has an average rating of “Buy” and an average target price of $48.17.

The stock has a 50 day moving average of $32.74 and a 200 day moving average of $29.58. The company’s market capitalization is $3.73 billion.

Vermilion Energy (NYSE:VET) last announced its quarterly earnings results on Friday, May 6th. The company reported ($0.76) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.77) by $0.01. The company had revenue of $177.40 million for the quarter, compared to analysts’ expectations of $186.50 million. Equities research analysts expect that Vermilion Energy Inc. will post ($1.25) earnings per share for the current year.

The business also recently declared a monthly dividend, which will be paid on Monday, August 15th. Investors of record on Friday, July 22nd will be given a dividend of $0.1659 per share. This represents a $1.99 annualized dividend and a dividend yield of 6.08%. The ex-dividend date is Wednesday, July 20th.

Several institutional investors recently made changes to their positions in the stock. Columbia Wanger Asset Management LLC boosted its position in shares of Vermilion Energy by 46.5% in the fourth quarter. Columbia Wanger Asset Management LLC now owns 1,841,109 shares of the company’s stock valued at $50,039,000 after buying an additional 584,000 shares in the last quarter. Morgan Stanley boosted its position in shares of Vermilion Energy by 760.3% in the fourth quarter. Morgan Stanley now owns 53,142 shares of the company’s stock valued at $1,441,000 after buying an additional 46,965 shares in the last quarter. State of Wisconsin Investment Board boosted its position in shares of Vermilion Energy by 70.5% in the fourth quarter. State of Wisconsin Investment Board now owns 95,757 shares of the company’s stock valued at $2,593,000 after buying an additional 39,600 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Vermilion Energy by 11.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 134,733 shares of the company’s stock valued at $3,657,000 after buying an additional 13,634 shares in the last quarter. Finally, I.G. Investment Management LTD. boosted its position in shares of Vermilion Energy by 2.6% in the fourth quarter. I.G. Investment Management LTD. now owns 296,314 shares of the company’s stock valued at $8,058,000 after buying an additional 7,427 shares in the last quarter.

Vermilion Energy Inc (Vermilion) is a Canada-based international oil and gas producer. The Company is focused on the acquisition, development and optimization of producing properties in North America, Europe and Australia. The Company’s segments are Canada, which relates to its assets in Alberta and Saskatchewan; France, which relates to its operations in France in the Paris and Aquitaine basins; Netherlands, which relates to its operations in the Netherlands; Germany, which relates to its operations in Germany; Ireland, which relates to its non-operated interest in the Corrib offshore natural gas field; Australia, which relates to operations on the Wandoo offshore crude oil field; the United States, which relates to its operations in Wyoming in the Powder River Basin, and Corporate.

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