Other analysts have also recently issued research reports about the stock. Royal Bank of Canada restated an average rating and set a $40.00 price objective on shares of Vermilion Energy in a research report on Tuesday, January 8th. Raymond James reaffirmed a buy rating on shares of Vermilion Energy in a report on Friday, April 26th. TheStreet raised shares of Vermilion Energy from a d+ rating to a c rating in a report on Friday, March 22nd. TD Securities lowered shares of Vermilion Energy from a buy rating to a hold rating in a report on Thursday, April 18th. Finally, Zacks Investment Research lowered shares of Vermilion Energy from a strong-buy rating to a hold rating in a report on Saturday, March 23rd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus target price of $35.67.
VET traded down $0.33 on Wednesday, hitting $20.96. The company’s stock had a trading volume of 392,986 shares, compared to its average volume of 387,908. The company has a market cap of $3.20 billion, a PE ratio of 27.22, a price-to-earnings-growth ratio of 0.82 and a beta of 1.05. Vermilion Energy has a 12 month low of $19.43 and a 12 month high of $37.81. The company has a current ratio of 0.71, a quick ratio of 0.67 and a debt-to-equity ratio of 0.72.
The firm also recently declared a monthly dividend, which will be paid on Monday, June 17th. Investors of record on Friday, May 31st will be given a dividend of $0.1714 per share. The ex-dividend date is Thursday, May 30th. This represents a $2.06 dividend on an annualized basis and a yield of 9.81%. Vermilion Energy’s dividend payout ratio (DPR) is currently 268.83%.
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. SEI Investments Co grew its position in Vermilion Energy by 3.9% during the first quarter. SEI Investments Co now owns 14,196 shares of the oil and gas company’s stock valued at $369,000 after buying an additional 532 shares during the period. Proficio Capital Partners LLC grew its position in Vermilion Energy by 36.7% during the fourth quarter. Proficio Capital Partners LLC now owns 2,077 shares of the oil and gas company’s stock valued at $44,000 after buying an additional 558 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Vermilion Energy by 0.3% in the fourth quarter. Bank of New York Mellon Corp now owns 198,799 shares of the oil and gas company’s stock worth $4,190,000 after purchasing an additional 560 shares during the period. Brinker Capital Inc. boosted its position in shares of Vermilion Energy by 5.1% in the fourth quarter. Brinker Capital Inc. now owns 15,287 shares of the oil and gas company’s stock worth $322,000 after purchasing an additional 736 shares during the period. Finally, NumerixS Investment Technologies Inc boosted its position in shares of Vermilion Energy by 36.4% in the first quarter. NumerixS Investment Technologies Inc now owns 3,000 shares of the oil and gas company’s stock worth $74,000 after purchasing an additional 800 shares during the period. 50.63% of the stock is owned by institutional investors.
About Vermilion Energy
Vermilion Energy Inc acquires, explores, develops, and produces petroleum and natural gas in Canada, France, the Netherlands, Germany, Ireland, Australia, the United States, and Central and Eastern Europe. It owns 80% interest in 544,500 net acres of developed land and 87% interest in 439,800 net acres of undeveloped land, and 397 net producing natural gas wells and 3,346 net producing oil wells; and 96% interest in 248,900 net acres of developed land and 92% interest in 251,800 net acres of undeveloped land in the Aquitaine and Paris Basins, and 337 net producing oil wells and 2 net producing gas wells.
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