Sterling Capital Management LLC lifted its position in Vermilion Energy Inc (NYSE:VET) (TSE:VET) by 50.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,400 shares of the oil and gas company’s stock after buying an additional 3,500 shares during the quarter. Sterling Capital Management LLC’s holdings in Vermilion Energy were worth $370,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in VET. Janney Montgomery Scott LLC lifted its holdings in shares of 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 in the last quarter. Sei Investments Co. lifted its holdings in shares of 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 in the last quarter. First Trust Advisors LP lifted its holdings in shares of Vermilion Energy by 5.4% in the second quarter. First Trust Advisors LP now owns 21,060 shares of the oil and gas company’s stock worth $668,000 after buying an additional 1,077 shares in the last quarter. DekaBank Deutsche Girozentrale lifted its holdings in shares of Vermilion Energy by 52.3% in the second quarter. DekaBank Deutsche Girozentrale now owns 24,300 shares of the oil and gas company’s stock worth $767,000 after buying an additional 8,345 shares in the last quarter. Finally, Comerica Bank purchased a new stake in shares of Vermilion Energy in the second quarter worth about $237,000. 54.18% of the stock is currently owned by hedge funds and other institutional investors.
A number of equities research analysts have recently issued reports on VET shares. BidaskClub raised shares of Vermilion Energy from a “strong sell” rating to a “sell” rating in a report on Friday, August 25th. Zacks Investment Research raised shares of Vermilion Energy from a “hold” rating to a “strong-buy” rating and set a $39.00 price target on the stock in a report on Wednesday, September 13th. Scotiabank reissued a “buy” rating and issued a $52.50 price target on shares of Vermilion Energy in a report on Tuesday, October 10th. Finally, Canaccord Genuity reissued a “buy” rating and issued a $52.00 price target on shares of Vermilion Energy in a report on Monday, October 30th. Two research analysts have rated the stock with a sell rating and three have given a buy rating to the company. Vermilion Energy presently has a consensus rating of “Hold” and a consensus price target of $47.83.
The business also recently announced a monthly dividend, which will be paid on Tuesday, January 16th. Investors of record on Friday, December 29th will be paid a $0.1672 dividend. This represents a $2.01 dividend on an annualized basis and a yield of 5.60%. The ex-dividend date is Thursday, December 28th. Vermilion Energy’s dividend payout ratio is currently 666.67%.
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Vermilion Energy Profile
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