Vermilion Energy Inc. (VET) Position Maintained by GRT Capital Partners L.L.C.
GRT Capital Partners L.L.C. continued to hold its stake in shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,428 shares of the oil and gas company’s stock at the end of the 2nd quarter. GRT Capital Partners L.L.C.’s holdings in Vermilion Energy were worth $331,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently modified their holdings of VET. BNP Paribas Arbitrage SA grew its stake in shares of Vermilion Energy by 17.9% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 3,194 shares of the oil and gas company’s stock valued at $101,000 after buying an additional 484 shares during the period. OLD Mutual Customised Solutions Proprietary Ltd. grew its stake in shares of Vermilion Energy by 145.5% in the 1st quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 2,946 shares of the oil and gas company’s stock valued at $110,000 after buying an additional 1,746 shares during the period. Sei Investments Co. grew its stake in shares of Vermilion Energy by 114.2% in the 2nd quarter. Sei Investments Co. now owns 4,657 shares of the oil and gas company’s stock valued at $148,000 after buying an additional 2,483 shares during the period. Acadian Asset Management LLC acquired a new stake in shares of Vermilion Energy in the 2nd quarter valued at about $204,000. Finally, Comerica Bank acquired a new stake in shares of Vermilion Energy in the 2nd quarter valued at about $237,000. Institutional investors own 53.70% of the company’s stock.
VET has been the subject of several research reports. Zacks Investment Research upgraded Vermilion Energy from a “hold” rating to a “buy” rating and set a $34.00 target price for the company in a research note on Saturday, July 8th. Royal Bank Of Canada upgraded Vermilion Energy from a “sector perform” rating to an “outperform” rating in a research note on Thursday, July 27th. Finally, BidaskClub upgraded Vermilion Energy from a “strong sell” rating to a “sell” rating in a research note on Tuesday, June 13th. One investment analyst has rated the stock with a sell rating, three have assigned a buy rating and one has given a strong buy rating to the company. Vermilion Energy currently has an average rating of “Buy” and an average target price of $54.50.
Shares of Vermilion Energy Inc. (NYSE:VET) opened at 36.87 on Friday. The stock has a 50 day moving average price of $32.42 and a 200 day moving average price of $33.99. Vermilion Energy Inc. has a 52 week low of $29.91 and a 52 week high of $44.95. The firm has a market capitalization of $4.47 billion, a P/E ratio of 75.40 and a beta of 0.52.
Vermilion Energy (NYSE:VET) (TSE:VET) last released its quarterly earnings results on Wednesday, July 26th. The oil and gas company reported $0.30 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.07) by $0.37. Vermilion Energy had a net margin of 7.17% and a return on equity of 4.52%. The company had revenue of $201.70 million during the quarter. Analysts forecast that Vermilion Energy Inc. will post $0.71 EPS for the current year.
The business also recently declared a monthly dividend, which will be paid on Friday, September 15th. Investors of record on Thursday, August 31st will be paid a $0.169 dividend. This represents a $2.03 dividend on an annualized basis and a yield of 5.50%. The ex-dividend date is Tuesday, August 29th. Vermilion Energy’s payout ratio is currently 431.91%.
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Vermilion Energy Company Profile
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