Korea Investment CORP raised its position in shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 5.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 166,872 shares of the oil and gas company’s stock after buying an additional 8,583 shares during the period. Korea Investment CORP owned 0.14% of Vermilion Energy worth $5,286,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in VET. Sei Investments Co. boosted its stake 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 period. Janney Montgomery Scott LLC boosted its stake in Vermilion Energy by 17.6% in the second quarter. Janney Montgomery Scott LLC now owns 10,283 shares of the oil and gas company’s stock worth $326,000 after buying an additional 1,542 shares during the period. LGT Capital Partners LTD. boosted its stake in Vermilion Energy by 41.8% in the second quarter. LGT Capital Partners LTD. now owns 420,415 shares of the oil and gas company’s stock worth $13,321,000 after buying an additional 123,863 shares during the period. Acadian Asset Management LLC acquired a new stake in Vermilion Energy during the second quarter worth approximately $204,000. Finally, Russell Investments Group Ltd. boosted its stake in Vermilion Energy by 358.5% in the second quarter. Russell Investments Group Ltd. now owns 415,258 shares of the oil and gas company’s stock worth $13,122,000 after buying an additional 324,695 shares during the period. Institutional investors own 49.16% of the company’s stock.
Shares of Vermilion Energy Inc. (NYSE:VET) opened at 31.12 on Friday. The stock has a market capitalization of $3.77 billion, a PE ratio of 63.00 and a beta of 0.51. The firm has a 50-day moving average price of $31.72 and a 200-day moving average price of $35.29. Vermilion Energy Inc. has a 1-year low of $29.91 and a 1-year high of $44.95.
Vermilion Energy (NYSE:VET) (TSE:VET) last announced its earnings results on Wednesday, July 26th. The oil and gas company reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.37. The firm had revenue of $201.70 million during 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 $0.72 earnings per share for the current year.
The business also recently disclosed a monthly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Friday, July 28th will be paid a dividend of $0.1686 per share. The ex-dividend date of this dividend is Wednesday, July 26th. This is an increase from Vermilion Energy’s previous monthly dividend of $0.16. This represents a $2.02 annualized dividend and a yield of 6.50%. Vermilion Energy’s dividend payout ratio is currently 423.40%.
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A number of research firms have commented on VET. Zacks Investment Research upgraded Vermilion Energy from a “sell” rating to a “hold” rating in a research note on Saturday, July 29th. Royal Bank Of Canada upgraded Vermilion Energy from a “sector perform” rating to an “outperform” rating in a research note on Thursday, July 27th. Finally, BidaskClub cut Vermilion Energy from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 11th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $53.25.
Vermilion Energy Company Profile
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