Quantbot Technologies LP Purchases 25,447 Shares of Vermilion Energy Inc. (NYSE:VET)

Quantbot Technologies LP boosted its position in shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 19.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 158,914 shares of the oil and gas company’s stock after purchasing an additional 25,447 shares during the quarter. Quantbot Technologies LP’s holdings in Vermilion Energy were worth $1,494,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Larson Financial Group LLC raised its stake in shares of Vermilion Energy by 1,123.6% during the fourth quarter. Larson Financial Group LLC now owns 4,356 shares of the oil and gas company’s stock worth $41,000 after buying an additional 4,000 shares during the last quarter. Citizens Financial Group Inc. RI bought a new stake in shares of Vermilion Energy during the 4th quarter valued at $103,000. Amundi raised its position in shares of Vermilion Energy by 74.0% during the 4th quarter. Amundi now owns 11,020 shares of the oil and gas company’s stock valued at $104,000 after acquiring an additional 4,685 shares during the last quarter. Truist Financial Corp bought a new position in shares of Vermilion Energy in the 4th quarter worth $119,000. Finally, Magnetar Financial LLC bought a new position in shares of Vermilion Energy in the 4th quarter worth $156,000. 31.91% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have weighed in on VET shares. StockNews.com lowered Vermilion Energy from a “buy” rating to a “hold” rating in a research note on Saturday, March 15th. Desjardins downgraded shares of Vermilion Energy from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, March 18th. Finally, Atb Cap Markets downgraded shares of Vermilion Energy from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 13th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Vermilion Energy Stock Up 0.7 %

NYSE:VET opened at $8.28 on Tuesday. Vermilion Energy Inc. has a 1 year low of $7.09 and a 1 year high of $12.79. The stock has a 50-day moving average price of $8.87 and a two-hundred day moving average price of $9.42. The stock has a market cap of $1.28 billion, a price-to-earnings ratio of -2.21 and a beta of 1.91. The company has a current ratio of 1.25, a quick ratio of 1.19 and a debt-to-equity ratio of 0.36.

Vermilion Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a dividend of $0.0903 per share. This represents a $0.36 dividend on an annualized basis and a yield of 4.36%. This is a boost from Vermilion Energy’s previous quarterly dividend of $0.09. The ex-dividend date is Monday, March 31st. Vermilion Energy’s dividend payout ratio is presently -163.64%.

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.