Quantbot Technologies LP Purchases 41,362 Shares of Vermilion Energy Inc. $VET

Quantbot Technologies LP boosted its position in shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 26.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 200,276 shares of the oil and gas company’s stock after buying an additional 41,362 shares during the quarter. Quantbot Technologies LP’s holdings in Vermilion Energy were worth $1,622,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Geode Capital Management LLC raised its position in Vermilion Energy by 4.8% during the 4th quarter. Geode Capital Management LLC now owns 80,484 shares of the oil and gas company’s stock valued at $765,000 after purchasing an additional 3,668 shares during the last quarter. Barclays PLC increased its stake in shares of Vermilion Energy by 10.5% during the fourth quarter. Barclays PLC now owns 49,257 shares of the oil and gas company’s stock valued at $463,000 after buying an additional 4,676 shares during the period. Northwest & Ethical Investments L.P. raised its holdings in shares of Vermilion Energy by 48.1% during the first quarter. Northwest & Ethical Investments L.P. now owns 16,671 shares of the oil and gas company’s stock valued at $135,000 after acquiring an additional 5,418 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Vermilion Energy by 5.0% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 135,600 shares of the oil and gas company’s stock worth $1,098,000 after acquiring an additional 6,518 shares during the period. Finally, Y Intercept Hong Kong Ltd boosted its holdings in Vermilion Energy by 45.2% in the first quarter. Y Intercept Hong Kong Ltd now owns 21,007 shares of the oil and gas company’s stock valued at $170,000 after acquiring an additional 6,538 shares in the last quarter. Hedge funds and other institutional investors own 31.91% of the company’s stock.

Vermilion Energy Stock Up 1.9%

Shares of Vermilion Energy stock opened at $7.2550 on Friday. Vermilion Energy Inc. has a 1 year low of $5.14 and a 1 year high of $10.85. The firm has a market cap of $1.12 billion, a price-to-earnings ratio of -8.34 and a beta of 1.22. The company has a 50-day moving average of $7.76 and a 200 day moving average of $7.50. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.94 and a quick ratio of 1.84.

Vermilion Energy (NYSE:VET) (TSE:VET) last posted its quarterly earnings data on Thursday, August 7th. The oil and gas company reported ($0.20) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.14). The business had revenue of $392.33 million for the quarter, compared to the consensus estimate of $562.50 million. Vermilion Energy had a positive return on equity of 0.17% and a negative net margin of 9.29%. As a group, sell-side analysts anticipate that Vermilion Energy Inc. will post 0.22 earnings per share for the current fiscal year.

Vermilion Energy Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st were paid a $0.13 dividend. The ex-dividend date was Monday, June 30th. This represents a dividend yield of 466.0%. Vermilion Energy’s dividend payout ratio is presently -43.68%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on VET shares. BMO Capital Markets reissued a “market perform” rating on shares of Vermilion Energy in a research report on Friday, August 8th. Desjardins upgraded shares of Vermilion Energy from a “hold” rating to a “buy” rating in a research report on Thursday, June 5th. Wall Street Zen lowered shares of Vermilion Energy from a “hold” rating to a “sell” rating in a report on Saturday, August 9th. Finally, National Bankshares reaffirmed an “outperform” rating on shares of Vermilion Energy in a research report on Friday, April 25th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Vermilion Energy Profile

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.