CIBC World Markets Inc. increased its position in shares of Vermilion Energy Inc (NYSE:VET) (TSE:VET) by 230.1% during the first quarter, HoldingsChannel reports. The institutional investor owned 913,404 shares of the oil and gas company’s stock after buying an additional 636,732 shares during the quarter. CIBC World Markets Inc.’s holdings in Vermilion Energy were worth $29,485,000 as of its most recent filing with the SEC.
Other large investors also recently bought and sold shares of the company. Icon Wealth Partners LLC acquired a new position in Vermilion Energy during the fourth quarter worth $127,000. American International Group Inc. acquired a new position in Vermilion Energy during the fourth quarter worth $204,000. Koch Industries Inc. acquired a new position in Vermilion Energy during the fourth quarter worth $262,000. HPM Partners LLC acquired a new position in Vermilion Energy during the fourth quarter worth $283,000. Finally, ARP Americas LP acquired a new position in Vermilion Energy during the first quarter worth $356,000. Institutional investors own 44.25% of the company’s stock.
A number of equities analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Vermilion Energy from a “sell” rating to a “hold” rating in a research report on Wednesday, June 13th. ValuEngine upgraded shares of Vermilion Energy from a “sell” rating to a “hold” rating in a research report on Thursday, May 17th. Finally, BMO Capital Markets cut shares of Vermilion Energy from an “outperform” rating to a “market perform” rating in a research report on Tuesday, April 17th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $47.50.
Vermilion Energy opened at $33.81 on Wednesday, Marketbeat Ratings reports. The company has a quick ratio of 0.55, a current ratio of 0.61 and a debt-to-equity ratio of 0.88. The firm has a market cap of $5.13 billion, a price-to-earnings ratio of 66.29 and a beta of 0.71. Vermilion Energy Inc has a fifty-two week low of $29.91 and a fifty-two week high of $40.59.
Vermilion Energy (NYSE:VET) (TSE:VET) last posted its quarterly earnings data on Thursday, April 26th. The oil and gas company reported $0.16 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.22 by ($0.06). The company had revenue of $251.85 million for the quarter, compared to analyst estimates of $232.04 million. Vermilion Energy had a return on equity of 3.77% and a net margin of 3.47%. equities research analysts predict that Vermilion Energy Inc will post 0.96 EPS for the current year.
The firm also recently announced a monthly dividend, which will be paid on Monday, July 16th. Stockholders of record on Friday, June 29th will be given a $0.1772 dividend. This represents a $2.13 dividend on an annualized basis and a dividend yield of 6.29%. The ex-dividend date is Thursday, June 28th. Vermilion Energy’s dividend payout ratio (DPR) is 421.57%.
Vermilion Energy Company Profile
Vermilion Energy Inc acquires, explores, develops, and produces crude petroleum and natural gas. As of December 31, 2017, it owned 74% interest in 330,900 net acres of developed land and 87% interest in 376,400 net acres of undeveloped land, as well as 375 net producing natural gas wells and 475 net producing oil wells in Canada; and 96% interest in 208,900 net acres of developed land and 99% interest in 379,800 net acres of undeveloped land in the Aquitaine and Paris Basins, as well as 332 net producing oil wells and 3 net producing gas wells in France.
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