Quantbot Technologies LP Invests $1.28 Million in Vermilion Energy Inc. $VET

Quantbot Technologies LP acquired a new stake in Vermilion Energy Inc. (NYSE:VET) (TSE:VET) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 136,905 shares of the oil and gas company’s stock, valued at approximately $1,283,000. Quantbot Technologies LP owned 0.09% of Vermilion Energy at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in VET. Oppenheimer & Co. Inc. acquired a new position in Vermilion Energy in the fourth quarter valued at approximately $2,656,000. UBS Group AG grew its position in shares of Vermilion Energy by 118.2% during the 4th quarter. UBS Group AG now owns 5,592,890 shares of the oil and gas company’s stock worth $46,645,000 after buying an additional 3,029,328 shares during the period. First Trust Advisors LP grew its position in shares of Vermilion Energy by 36.6% during the 1st quarter. First Trust Advisors LP now owns 947,444 shares of the oil and gas company’s stock worth $13,056,000 after buying an additional 253,681 shares during the period. Lazard Asset Management LLC increased its stake in shares of Vermilion Energy by 7,879.7% in the 1st quarter. Lazard Asset Management LLC now owns 1,513,981 shares of the oil and gas company’s stock valued at $20,867,000 after acquiring an additional 1,495,008 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of Vermilion Energy by 44.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,870,457 shares of the oil and gas company’s stock valued at $67,114,000 after acquiring an additional 1,487,870 shares in the last quarter. Institutional investors own 31.91% of the company’s stock.

Vermilion Energy Trading Down 2.5%

NYSE VET opened at $12.22 on Wednesday. The company has a quick ratio of 0.90, a current ratio of 1.00 and a debt-to-equity ratio of 0.63. Vermilion Energy Inc. has a 52 week low of $7.10 and a 52 week high of $14.82. The business has a 50 day moving average price of $10.51 and a 200-day moving average price of $11.45. The company has a market cap of $1.87 billion, a price-to-earnings ratio of -5.79 and a beta of 0.30.

Vermilion Energy (NYSE:VET) (TSE:VET) last issued its earnings results on Wednesday, July 29th. The oil and gas company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.57. Vermilion Energy had a positive return on equity of 5.26% and a negative net margin of 22.48%.The company had revenue of $390.53 million for the quarter, compared to analysts’ expectations of $330.39 million.

Vermilion Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 15th will be paid a $0.135 dividend. This represents a $0.54 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Tuesday, September 15th. Vermilion Energy’s dividend payout ratio (DPR) is -18.48%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Royal Bank Of Canada reissued a “sector perform” rating on shares of Vermilion Energy in a research note on Tuesday, May 19th. TD Securities reaffirmed a “buy” rating on shares of Vermilion Energy in a research note on Friday, July 31st. Desjardins upgraded shares of Vermilion Energy to a “hold” rating in a report on Thursday, July 16th. Weiss Ratings raised shares of Vermilion Energy from a “sell (d-)” rating to a “sell (d)” rating in a research report on Thursday, August 20th. Finally, Wall Street Zen raised shares of Vermilion Energy from a “hold” rating to a “strong-buy” rating in a research report on Saturday, August 1st. Two analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price 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).