Vermilion Energy Inc. (NYSE:VET) shares saw an uptick in trading volume on Monday . 124,009 shares traded hands during trading, an increase of 38% from the previous session’s volume of 89,972 shares.The stock last traded at $31.98 and had previously closed at $32.77.

VET has been the topic of a number of recent analyst reports. Scotiabank restated an “outperform” rating and set a $52.50 price objective on shares of Vermilion Energy in a research note on Thursday, June 30th. Barclays PLC restated an “overweight” rating and set a $45.00 price objective on shares of Vermilion Energy in a research note on Thursday, June 30th. CIBC restated an “outperform” rating and set a $50.00 price objective on shares of Vermilion Energy in a research note on Wednesday, June 15th. Zacks Investment Research upgraded shares of Vermilion Energy from a “sell” rating to a “hold” rating in a research note on Saturday, June 11th. Finally, TD Securities restated a “buy” rating and set a $49.00 price objective (up from $44.00) on shares of Vermilion Energy in a research note on Tuesday, May 10th. One investment 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. Vermilion Energy presently has a consensus rating of “Buy” and an average price target of $48.17.

The firm’s market cap is $3.67 billion. The company has a 50 day moving average of $32.65 and a 200 day moving average of $29.87.

Vermilion Energy (NYSE:VET) last posted its quarterly earnings results on Friday, May 6th. The company reported ($0.76) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.77) by $0.01. The firm had revenue of $177.40 million for the quarter, compared to analyst estimates of $186.50 million. On average, equities analysts anticipate that Vermilion Energy Inc. will post ($0.93) EPS for the current year.

The business also recently disclosed a monthly dividend, which will be paid on Monday, August 15th. Stockholders of record on Friday, July 22nd will be paid a $0.1659 dividend. This represents a $1.99 annualized dividend and a dividend yield of 6.18%. The ex-dividend date of this dividend is Wednesday, July 20th.

Several hedge funds recently modified their holdings of the company. I.G. Investment Management LTD. increased its stake 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 during the period. Dimensional Fund Advisors LP increased its stake 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 during the period. State of Wisconsin Investment Board increased its stake 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 during the period. Finally, Morgan Stanley increased its stake 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 during the period.

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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