Swiss National Bank lowered its position in Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 8.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 434,100 shares of the oil and gas company’s stock after selling 42,600 shares during the period. Swiss National Bank owned 0.36% of Vermilion Energy worth $13,774,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA increased its holdings in Vermilion Energy by 17.9% in the second quarter. BNP Paribas Arbitrage SA now owns 3,194 shares of the oil and gas company’s stock worth $101,000 after buying an additional 484 shares during the last quarter. OLD Mutual Customised Solutions Proprietary Ltd. increased its holdings in Vermilion Energy by 145.5% in the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 2,946 shares of the oil and gas company’s stock worth $110,000 after buying an additional 1,746 shares during the last quarter. Sei Investments Co. increased its holdings in Vermilion Energy by 114.2% in the second quarter. Sei Investments Co. now owns 4,657 shares of the oil and gas company’s stock worth $148,000 after buying an additional 2,483 shares during the last quarter. Acadian Asset Management LLC acquired a new position in Vermilion Energy in the second quarter worth approximately $204,000. Finally, Comerica Bank acquired a new position in Vermilion Energy in the second quarter worth approximately $237,000. Hedge funds and other institutional investors own 53.70% of the company’s stock.
Vermilion Energy Inc. (NYSE VET) opened at 34.08 on Tuesday. The firm has a market cap of $4.13 billion, a P/E ratio of 69.69 and a beta of 0.52. Vermilion Energy Inc. has a one year low of $29.91 and a one year high of $44.95. The firm’s 50-day moving average price is $32.07 and its 200 day moving average price is $33.99.
Vermilion Energy (NYSE:VET) (TSE:VET) last posted its earnings results on Wednesday, July 26th. The oil and gas company reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.37. The business had revenue of $201.70 million for the quarter. Vermilion Energy had a return on equity of 4.52% and a net margin of 7.17%. On average, equities research analysts forecast that Vermilion Energy Inc. will post $0.71 EPS for the current year.
The company also recently disclosed a monthly dividend, which will be paid on Friday, September 15th. Shareholders of record on Thursday, August 31st will be issued a $0.169 dividend. This represents a $2.03 dividend on an annualized basis and a yield of 5.95%. The ex-dividend date is Tuesday, August 29th. Vermilion Energy’s dividend payout ratio is 431.91%.
A number of equities analysts recently commented on VET shares. BidaskClub upgraded Vermilion Energy from a “strong sell” rating to a “sell” rating in a report on Friday, August 25th. Zacks Investment Research upgraded Vermilion Energy from a “sell” rating to a “hold” rating in a report on Saturday, July 29th. Finally, Royal Bank Of Canada upgraded Vermilion Energy from a “sector perform” rating to an “outperform” rating in a report on Thursday, July 27th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $53.25.
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Vermilion Energy Company Profile
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