Vermilion Energy Inc. $VET Stock Holdings Increased by Numerai GP LLC

Numerai GP LLC boosted its holdings in shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 36.3% in the 3rd quarter, Holdings Channel reports. The firm owned 294,383 shares of the oil and gas company’s stock after buying an additional 78,433 shares during the period. Numerai GP LLC’s holdings in Vermilion Energy were worth $2,302,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of VET. Mackenzie Financial Corp lifted its holdings in shares of Vermilion Energy by 317.5% in the second quarter. Mackenzie Financial Corp now owns 1,974,742 shares of the oil and gas company’s stock valued at $14,423,000 after purchasing an additional 1,501,741 shares in the last quarter. Ameriprise Financial Inc. grew its position in Vermilion Energy by 22.7% during the third quarter. Ameriprise Financial Inc. now owns 7,512,118 shares of the oil and gas company’s stock valued at $58,745,000 after purchasing an additional 1,388,489 shares in the last quarter. American Century Companies Inc. increased its stake in shares of Vermilion Energy by 19.5% in the third quarter. American Century Companies Inc. now owns 3,863,101 shares of the oil and gas company’s stock worth $30,173,000 after acquiring an additional 631,655 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in Vermilion Energy by 51.4% during the first quarter. Goldman Sachs Group Inc. now owns 1,630,488 shares of the oil and gas company’s stock valued at $13,207,000 after purchasing an additional 553,281 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in shares of Vermilion Energy by 77.1% in the 2nd quarter. Bank of America Corp DE now owns 1,245,537 shares of the oil and gas company’s stock valued at $9,068,000 after buying an additional 542,352 shares in the last quarter. 31.91% of the stock is currently owned by institutional investors and hedge funds.

Vermilion Energy Stock Up 1.5%

NYSE VET opened at $11.97 on Tuesday. Vermilion Energy Inc. has a 1-year low of $5.14 and a 1-year high of $12.05. The company has a market capitalization of $1.83 billion, a price-to-earnings ratio of -3.91 and a beta of 0.61. The stock’s 50 day moving average is $10.03 and its two-hundred day moving average is $8.80. The company has a current ratio of 0.84, a quick ratio of 0.76 and a debt-to-equity ratio of 0.58.

Vermilion Energy (NYSE:VET) (TSE:VET) last posted its earnings results on Wednesday, March 4th. The oil and gas company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.30 by $0.33. The business had revenue of $334.64 million during the quarter, compared to the consensus estimate of $384.74 million. Vermilion Energy had a positive return on equity of 3.80% and a negative net margin of 34.30%. Equities analysts forecast that Vermilion Energy Inc. will post 0.22 earnings per share for the current fiscal year.

Vermilion Energy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be paid a $0.135 dividend. This represents a $0.54 dividend on an annualized basis and a dividend yield of 4.5%. This is an increase from Vermilion Energy’s previous quarterly dividend of $0.13. The ex-dividend date is Friday, March 13th. Vermilion Energy’s dividend payout ratio is presently -12.75%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. TD Securities reaffirmed a “hold” rating on shares of Vermilion Energy in a research report on Thursday, March 5th. Weiss Ratings reissued a “sell (d-)” rating on shares of Vermilion Energy in a report on Wednesday, January 21st. Royal Bank Of Canada upped their price objective on shares of Vermilion Energy from $14.00 to $15.00 and gave the company a “sector perform” rating in a research report on Thursday, March 5th. BMO Capital Markets reiterated a “market perform” rating on shares of Vermilion Energy in a research note on Thursday, December 11th. Finally, Wall Street Zen cut Vermilion Energy from a “hold” rating to a “sell” rating in a report on Saturday, March 7th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $15.00.

Vermilion Energy Profile

Vermilion Energy Inc is a Canadian-based international oil and gas producer headquartered in Calgary, Alberta. Established in 1994, the company focuses on the exploration, development and production of crude oil and natural gas reserves through its wholly owned and joint venture assets. Vermilion’s upstream operations target a balance of oil and gas projects across various regions, with an emphasis on high-quality resource plays that can deliver stable cash flow and long-term reserves replacement.

Vermilion’s product portfolio includes light and medium crude oil, heavy oil, natural gas and natural gas liquids (NGLs).