LGT Capital Partners LTD. raised its stake in shares of Vermilion Energy Inc (NYSE:VET) (TSE:VET) by 9.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 367,955 shares of the oil and gas company’s stock after purchasing an additional 32,520 shares during the period. LGT Capital Partners LTD. owned 0.30% of Vermilion Energy worth $13,410,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Advisor Group Inc. boosted its holdings in shares of Vermilion Energy by 173.6% during the 3rd quarter. Advisor Group Inc. now owns 3,122 shares of the oil and gas company’s stock valued at $111,000 after purchasing an additional 1,981 shares during the last quarter. BNP Paribas Arbitrage SA boosted its holdings in shares of Vermilion Energy by 17.9% during 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 purchasing an additional 484 shares during the last quarter. Sei Investments Co. boosted its holdings in shares of Vermilion Energy by 114.2% during the 2nd quarter. Sei Investments Co. now owns 4,657 shares of the oil and gas company’s stock valued at $148,000 after purchasing an additional 2,483 shares during the last quarter. Sterling Capital Management LLC bought a new position in shares of Vermilion Energy during the 2nd quarter valued at about $219,000. Finally, Westpac Banking Corp boosted its holdings in shares of Vermilion Energy by 39.4% during the 2nd quarter. Westpac Banking Corp now owns 7,443 shares of the oil and gas company’s stock valued at $306,000 after purchasing an additional 2,105 shares during the last quarter. 54.18% of the stock is owned by institutional investors and hedge funds.
Shares of Vermilion Energy Inc (NYSE:VET) traded down $0.44 during midday trading on Thursday, hitting $37.65. 184,500 shares of the stock traded hands, compared to its average volume of 173,686. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.77 and a quick ratio of 0.72. The stock has a market cap of $4,570.00, a PE ratio of 110.74 and a beta of 0.56. Vermilion Energy Inc has a 52-week low of $29.91 and a 52-week high of $43.45.
The firm also recently announced a monthly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Friday, December 29th will be given a dividend of $0.1672 per share. This represents a $2.01 annualized dividend and a dividend yield of 5.33%. The ex-dividend date of this dividend is Thursday, December 28th. Vermilion Energy’s dividend payout ratio is 591.18%.
Several research firms have commented on VET. Zacks Investment Research raised shares of Vermilion Energy from a “hold” rating to a “strong-buy” rating and set a $39.00 price objective for the company in a report on Wednesday, September 13th. Canaccord Genuity restated a “buy” rating and set a $52.00 target price on shares of Vermilion Energy in a research report on Monday, October 30th. Finally, Scotiabank restated a “buy” rating and set a $52.50 target price on shares of Vermilion Energy in a research report on Tuesday, October 10th. Two equities research analysts have rated the stock with a sell rating and three have given a buy rating to the company. Vermilion Energy has an average rating of “Hold” and a consensus target price of $47.83.
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About Vermilion Energy
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