Vermilion Energy Inc (VET) Stake Boosted by First Trust Advisors LP

First Trust Advisors LP increased its holdings in Vermilion Energy Inc (NYSE:VET) (TSE:VET) by 12.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,637 shares of the oil and gas company’s stock after buying an additional 2,577 shares during the quarter. First Trust Advisors LP’s holdings in Vermilion Energy were worth $841,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the stock. Virginia Retirement Systems ET AL increased its holdings in Vermilion Energy by 0.4% in the 2nd quarter. Virginia Retirement Systems ET AL now owns 9,391 shares of the oil and gas company’s stock worth $297,000 after buying an additional 42 shares during the period. AXA increased its holdings in Vermilion Energy by 1.6% in the 2nd quarter. AXA now owns 13,056 shares of the oil and gas company’s stock worth $414,000 after buying an additional 200 shares during the period. Financial Counselors Inc. increased its holdings in Vermilion Energy by 4.6% in the 2nd quarter. Financial Counselors Inc. now owns 8,610 shares of the oil and gas company’s stock worth $273,000 after buying an additional 375 shares during the period. Alliancebernstein L.P. increased its holdings in Vermilion Energy by 4.7% in the 1st quarter. Alliancebernstein L.P. now owns 8,456 shares of the oil and gas company’s stock worth $317,000 after buying an additional 378 shares during the period. Finally, BNP Paribas Arbitrage SA increased its holdings in Vermilion Energy by 17.9% in the 2nd 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 period. Institutional investors own 54.22% of the company’s stock.

Vermilion Energy Inc (NYSE VET) traded down $0.99 during trading on Thursday, reaching $32.99. The company’s stock had a trading volume of 222,100 shares, compared to its average volume of 146,715. The company has a current ratio of 0.77, a quick ratio of 0.72 and a debt-to-equity ratio of 0.84. Vermilion Energy Inc has a 1-year low of $29.91 and a 1-year high of $44.95. The stock has a market cap of $4,138.76, a price-to-earnings ratio of 84.95 and a beta of 0.56.

The business also recently disclosed a monthly dividend, which will be paid on Friday, December 15th. Shareholders of record on Thursday, November 30th will be given a $0.168 dividend. The ex-dividend date of this dividend is Wednesday, November 29th. This represents a $2.02 annualized dividend and a yield of 6.11%. Vermilion Energy’s dividend payout ratio is presently 673.33%.

Several equities research analysts have commented on the company. BidaskClub lowered Vermilion Energy from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 16th. Canaccord Genuity restated a “buy” rating and issued a $52.00 price objective on shares of Vermilion Energy in a research report on Monday, October 30th. Zacks Investment Research lowered Vermilion Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 27th. Finally, Scotiabank restated a “buy” rating and issued a $52.50 price objective on shares of Vermilion Energy in a research report on Tuesday, October 10th. Two equities research analysts have rated the stock with a sell rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $47.83.

TRADEMARK VIOLATION WARNING: This article was published by Community Financial News and is owned by of Community Financial News. If you are viewing this article on another domain, it was stolen and republished in violation of U.S. and international trademark & copyright law. The original version of this article can be viewed at https://www.com-unik.info/2017/12/07/vermilion-energy-inc-vet-stake-boosted-by-first-trust-advisors-lp.html.

Vermilion Energy Company Profile

Want to see what other hedge funds are holding VET? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vermilion Energy Inc (NYSE:VET) (TSE:VET).

Institutional Ownership by Quarter for Vermilion Energy (NYSE:VET)

What are top analysts saying about Vermilion Energy Inc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Vermilion Energy Inc and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit