Stevens Capital Management LP bought a new stake in shares of Vermilion Energy (NYSE:VET) (TSE:VET) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 18,075 shares of the oil and gas company’s stock, valued at approximately $583,000.
Several other large investors also recently added to or reduced their stakes in the stock. ETRADE Capital Management LLC boosted its position in shares of Vermilion Energy by 14.0% in the 1st quarter. ETRADE Capital Management LLC now owns 15,389 shares of the oil and gas company’s stock valued at $497,000 after purchasing an additional 1,887 shares during the period. CoreCommodity Management LLC boosted its position in shares of Vermilion Energy by 6.8% in the 4th quarter. CoreCommodity Management LLC now owns 39,100 shares of the oil and gas company’s stock valued at $1,427,000 after purchasing an additional 2,500 shares during the period. Jane Street Group LLC boosted its position in shares of Vermilion Energy by 32.0% in the 4th quarter. Jane Street Group LLC now owns 11,448 shares of the oil and gas company’s stock valued at $416,000 after purchasing an additional 2,776 shares during the period. Icon Wealth Partners LLC acquired a new position in shares of Vermilion Energy in the 4th quarter valued at $127,000. Finally, Guggenheim Capital LLC boosted its position in shares of Vermilion Energy by 7.6% in the 4th quarter. Guggenheim Capital LLC now owns 52,719 shares of the oil and gas company’s stock valued at $1,919,000 after purchasing an additional 3,710 shares during the period. Institutional investors and hedge funds own 54.24% of the company’s stock.
A number of equities analysts recently weighed in on VET shares. ValuEngine lowered Vermilion Energy from a “hold” rating to a “sell” rating in a research report on Thursday, February 8th. JPMorgan Chase & Co. started coverage on Vermilion Energy in a research report on Monday, February 12th. They issued an “overweight” rating for the company. Zacks Investment Research upgraded Vermilion Energy from a “strong sell” rating to a “buy” rating and set a $38.00 price target for the company in a research report on Friday, April 13th. Finally, BMO Capital Markets lowered Vermilion Energy from an “outperform” rating to a “market perform” rating in a research report on Tuesday, April 17th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $47.50.
Vermilion Energy (NYSE:VET) (TSE:VET) last released its quarterly earnings results on Thursday, April 26th. The oil and gas company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 net margin of 3.47% and a return on equity of 3.77%. research analysts expect that Vermilion Energy will post 1.05 EPS for the current fiscal year.
The business also recently declared a monthly dividend, which will be paid on Friday, June 15th. Shareholders of record on Thursday, May 31st will be paid a dividend of $0.1801 per share. The ex-dividend date is Wednesday, May 30th. This represents a $2.16 dividend on an annualized basis and a yield of 6.09%. Vermilion Energy’s dividend payout ratio (DPR) is currently 419.61%.
About Vermilion Energy
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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