Campbell & CO Investment Adviser LLC Buys Shares of 33,993 Vermilion Energy Inc. (NYSE:VET)

Campbell & CO Investment Adviser LLC bought a new stake in Vermilion Energy Inc. (NYSE:VETFree Report) (TSE:VET) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 33,993 shares of the oil and gas company’s stock, valued at approximately $410,000.

A number of other hedge funds have also modified their holdings of the business. Mitsubishi UFJ Trust & Banking Corp boosted its position in Vermilion Energy by 3.9% during the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 21,928 shares of the oil and gas company’s stock worth $321,000 after acquiring an additional 828 shares during the last quarter. Natixis Advisors L.P. boosted its holdings in shares of Vermilion Energy by 4.0% in the 3rd quarter. Natixis Advisors L.P. now owns 49,440 shares of the oil and gas company’s stock valued at $723,000 after purchasing an additional 1,896 shares during the last quarter. Citigroup Inc. raised its stake in shares of Vermilion Energy by 40.3% in the 3rd quarter. Citigroup Inc. now owns 6,732 shares of the oil and gas company’s stock valued at $99,000 after acquiring an additional 1,932 shares during the period. Atria Wealth Solutions Inc. raised its stake in shares of Vermilion Energy by 24.0% in the 4th quarter. Atria Wealth Solutions Inc. now owns 13,954 shares of the oil and gas company’s stock valued at $168,000 after acquiring an additional 2,701 shares during the period. Finally, Vanguard Personalized Indexing Management LLC raised its stake in shares of Vermilion Energy by 25.3% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 18,002 shares of the oil and gas company’s stock valued at $263,000 after acquiring an additional 3,634 shares during the period. 31.91% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

VET has been the subject of a number of research analyst reports. TD Securities raised shares of Vermilion Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, March 27th. BMO Capital Markets initiated coverage on shares of Vermilion Energy in a research report on Tuesday, May 14th. They issued an “outperform” rating for the company. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $25.00.

Read Our Latest Stock Analysis on VET

Vermilion Energy Stock Performance

Shares of NYSE:VET opened at $11.54 on Tuesday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.16 and a quick ratio of 1.11. The company has a market capitalization of $1.85 billion, a price-to-earnings ratio of -4.15 and a beta of 2.02. The firm’s 50 day simple moving average is $12.06 and its 200 day simple moving average is $11.70. Vermilion Energy Inc. has a fifty-two week low of $9.81 and a fifty-two week high of $15.98.

Vermilion Energy (NYSE:VETGet Free Report) (TSE:VET) last released its earnings results on Wednesday, May 1st. The oil and gas company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.78). Vermilion Energy had a negative net margin of 30.71% and a positive return on equity of 11.65%. The firm had revenue of $376.85 million during the quarter. During the same period in the previous year, the company earned $0.77 earnings per share. As a group, sell-side analysts forecast that Vermilion Energy Inc. will post 1.45 earnings per share for the current year.

Vermilion Energy Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 28th will be issued a $0.0872 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a $0.35 dividend on an annualized basis and a dividend yield of 3.02%. Vermilion Energy’s dividend payout ratio (DPR) is currently -12.23%.

About Vermilion Energy

(Free Report)

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.

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

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