Vermilion Energy (NYSE:VET) Stock Rating Lowered by StockNews.com

Vermilion Energy (NYSE:VET) (TSE:VET) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a report issued on Saturday.

Separately, Atb Cap Markets lowered shares of Vermilion Energy from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 13th.

Vermilion Energy Trading Up 4.1 %

Shares of NYSE:VET opened at $7.77 on Friday. The firm has a fifty day moving average of $9.12 and a two-hundred day moving average of $9.50. The firm has a market capitalization of $1.20 billion, a P/E ratio of -2.08 and a beta of 1.91. Vermilion Energy has a 12-month low of $7.09 and a 12-month high of $12.79. The company has a quick ratio of 1.19, a current ratio of 1.25 and a debt-to-equity ratio of 0.36.

Institutional Investors Weigh In On Vermilion Energy

Institutional investors and hedge funds have recently modified their holdings of the business. Larson Financial Group LLC lifted its stake in shares of Vermilion Energy by 1,123.6% in the 4th quarter. Larson Financial Group LLC now owns 4,356 shares of the oil and gas company’s stock valued at $41,000 after purchasing an additional 4,000 shares during the last quarter. Northern Trust Corp acquired a new position in Vermilion Energy during the 4th quarter worth $94,000. Citizens Financial Group Inc. RI acquired a new position in Vermilion Energy during the 4th quarter worth $103,000. Amundi lifted its position in Vermilion Energy by 74.0% during the 4th quarter. Amundi now owns 11,020 shares of the oil and gas company’s stock worth $104,000 after acquiring an additional 4,685 shares during the last quarter. Finally, Hsbc Holdings PLC acquired a new position in Vermilion Energy during the 4th quarter worth $104,000. Institutional investors and hedge funds own 31.91% of the company’s stock.

Vermilion Energy Company Profile

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas. The company has properties in West Central Alberta, southeast Saskatchewan, Manitoba, and West Pembina in Canada; Wyoming in the United States; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; and Australia.