Koch Industries Inc. purchased a new stake in Vermilion Energy Inc (NYSE:VET) (TSE:VET) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,217 shares of the oil and gas company’s stock, valued at approximately $262,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its stake in Vermilion Energy by 10.8% during the second quarter. Dimensional Fund Advisors LP now owns 134,703 shares of the oil and gas company’s stock worth $4,274,000 after acquiring an additional 13,180 shares in the last quarter. First Trust Advisors LP boosted its stake in Vermilion Energy by 12.2% during the third quarter. First Trust Advisors LP now owns 23,637 shares of the oil and gas company’s stock worth $841,000 after acquiring an additional 2,577 shares in the last quarter. Stevens Capital Management LP bought a new position in Vermilion Energy during the third quarter worth $568,000. Principal Financial Group Inc. boosted its stake in Vermilion Energy by 15.1% during the third quarter. Principal Financial Group Inc. now owns 1,329,298 shares of the oil and gas company’s stock worth $47,297,000 after acquiring an additional 174,236 shares in the last quarter. Finally, Swiss National Bank boosted its stake in Vermilion Energy by 0.4% during the third quarter. Swiss National Bank now owns 435,700 shares of the oil and gas company’s stock worth $15,491,000 after acquiring an additional 1,600 shares in the last quarter. Institutional investors own 55.89% of the company’s stock.
Several research analysts recently issued reports on VET shares. ValuEngine lowered shares of Vermilion Energy from a “hold” rating to a “sell” rating in a research note on Thursday, February 8th. JPMorgan Chase started coverage on shares of Vermilion Energy in a research note on Monday, February 12th. They set an “overweight” rating on the stock. Finally, Zacks Investment Research raised shares of Vermilion Energy from a “hold” rating to a “strong-buy” rating and set a $39.00 target price on the stock in a research note on Wednesday, February 14th. Three analysts have rated the stock with a sell rating and four have given a buy rating to the company’s stock. Vermilion Energy presently has an average rating of “Hold” and an average target price of $47.83.
Shares of Vermilion Energy stock traded down $0.48 during trading hours on Friday, reaching $32.55. The company’s stock had a trading volume of 124,576 shares, compared to its average volume of 172,009. Vermilion Energy Inc has a one year low of $29.91 and a one year high of $40.59. The firm has a market capitalization of $4,043.94, a price-to-earnings ratio of 63.82 and a beta of 0.70. The company has a current ratio of 0.72, a quick ratio of 0.67 and a debt-to-equity ratio of 0.83.
Vermilion Energy (NYSE:VET) (TSE:VET) last released its quarterly earnings data on Thursday, March 1st. The oil and gas company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.12). Vermilion Energy had a net margin of 5.32% and a return on equity of 4.92%. The business had revenue of $249.88 million during the quarter, compared to the consensus estimate of $244.23 million. research analysts forecast that Vermilion Energy Inc will post 0.76 EPS for the current year.
The firm also recently disclosed a dividend, which will be paid on Monday, April 16th. Shareholders of record on Friday, March 30th will be paid a $0.168 dividend. The ex-dividend date of this dividend is Wednesday, March 28th. Vermilion Energy’s dividend payout ratio (DPR) is 394.12%.
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Vermilion Energy Profile
Vermilion Energy Inc produces oil and gas, and focuses on the acquisition, development and optimization of producing properties in North America, the Europe and Australia. Its segments include Canada, which includes production and assets focused in West Pembina near Drayton Valley, Alberta and Northgate in southeast Saskatchewan; France, which produces oil in France; Netherlands, which produces onshore gas and interests include over 24 onshore licenses and two offshore licenses; Germany, which holds interest in a four partner consortium; Ireland, which includes a non-operating interest in the offshore Corrib gas field located approximately 83 kilometers off the northwest coast of Ireland; Australia, which holds an operated working interest in the Wandoo field located approximately 80 kilometers offshore on the northwest shelf of Australia; the United States, which has interests in approximately 97,200 net acres of land in the Powder River Basin of northeastern Wyoming, and Corporate.
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