National Bank of Canada FI Grows Stock Holdings in Vermilion Energy Inc. (NYSE:VET)

National Bank of Canada FI grew its holdings in shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 0.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 1,684,875 shares of the oil and gas company’s stock after purchasing an additional 9,304 shares during the period. National Bank of Canada FI owned approximately 1.07% of Vermilion Energy worth $18,461,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. BNP Paribas Financial Markets lifted its holdings in shares of Vermilion Energy by 1,425.0% during the fourth quarter. BNP Paribas Financial Markets now owns 114,740 shares of the oil and gas company’s stock valued at $1,384,000 after purchasing an additional 107,216 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Vermilion Energy by 1.2% during the first quarter. Vanguard Group Inc. now owns 5,925,874 shares of the oil and gas company’s stock valued at $73,718,000 after acquiring an additional 71,476 shares in the last quarter. DRW Securities LLC bought a new stake in shares of Vermilion Energy during the fourth quarter valued at approximately $2,231,000. Cobalt Capital Management Inc. bought a new stake in shares of Vermilion Energy during the fourth quarter valued at approximately $1,447,000. Finally, Quantbot Technologies LP increased its position in shares of Vermilion Energy by 901.6% during the first quarter. Quantbot Technologies LP now owns 166,994 shares of the oil and gas company’s stock valued at $2,077,000 after acquiring an additional 150,322 shares in the last quarter. 31.91% of the stock is currently owned by hedge funds and other institutional investors.

Vermilion Energy Trading Down 2.6 %

NYSE:VET opened at $9.17 on Friday. The company has a current ratio of 1.09, a quick ratio of 1.02 and a debt-to-equity ratio of 0.36. Vermilion Energy Inc. has a 12 month low of $8.70 and a 12 month high of $15.98. The company has a market cap of $1.46 billion, a PE ratio of -3.30 and a beta of 2.00. The company has a 50 day simple moving average of $10.39 and a two-hundred day simple moving average of $11.28.

Vermilion Energy (NYSE:VET) (TSE:VET) last posted its earnings results on Wednesday, July 31st. The oil and gas company reported ($0.38) EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.69). Vermilion Energy had a positive return on equity of 5.99% and a negative net margin of 41.33%. The company had revenue of $350.04 million during the quarter, compared to the consensus estimate of $376.54 million. Research analysts forecast that Vermilion Energy Inc. will post 0.88 earnings per share for the current year.

Vermilion Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Friday, September 27th will be given a $0.088 dividend. This represents a $0.35 dividend on an annualized basis and a yield of 3.84%. The ex-dividend date of this dividend is Friday, September 27th. This is an increase from Vermilion Energy’s previous quarterly dividend of $0.09. Vermilion Energy’s payout ratio is -12.23%.

Analyst Ratings Changes

Separately, BMO Capital Markets started coverage on shares of Vermilion Energy in a research report on Tuesday, May 14th. They set an “outperform” rating for the company. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $25.00.

Vermilion Energy Profile

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas. The company has properties in West Central Alberta, southeast Saskatchewan, Manitoba, and West Pembina in Canada; Wyoming in the United States; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; and Australia.