37,718 Shares in Vermilion Energy Inc. (NYSE:VET) Acquired by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd acquired a new position in Vermilion Energy Inc. (NYSE:VET) (TSE:VET) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 37,718 shares of the oil and gas company’s stock, valued at approximately $355,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in shares of Vermilion Energy by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 6,066,063 shares of the oil and gas company’s stock worth $57,100,000 after buying an additional 86,425 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in shares of Vermilion Energy in the fourth quarter worth approximately $10,866,000. Royce & Associates LP boosted its holdings in shares of Vermilion Energy by 49.3% in the fourth quarter. Royce & Associates LP now owns 918,240 shares of the oil and gas company’s stock worth $8,643,000 after buying an additional 303,370 shares during the last quarter. Alberta Investment Management Corp boosted its holdings in shares of Vermilion Energy by 12.8% in the fourth quarter. Alberta Investment Management Corp now owns 719,000 shares of the oil and gas company’s stock worth $6,764,000 after buying an additional 81,500 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Vermilion Energy by 6.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 661,284 shares of the oil and gas company’s stock worth $6,221,000 after buying an additional 40,622 shares during the last quarter. Hedge funds and other institutional investors own 31.91% of the company’s stock.

Vermilion Energy Price Performance

Shares of NYSE:VET opened at $6.58 on Thursday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 1.19. Vermilion Energy Inc. has a 1-year low of $5.14 and a 1-year high of $12.78. The company has a market capitalization of $1.02 billion, a P/E ratio of -1.76 and a beta of 1.43. The firm’s 50 day simple moving average is $8.12 and its two-hundred day simple moving average is $9.21.

Vermilion Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a $0.0903 dividend. This represents a $0.36 annualized dividend and a dividend yield of 5.49%. The ex-dividend date of this dividend is Monday, March 31st. This is an increase from Vermilion Energy’s previous quarterly dividend of $0.09. Vermilion Energy’s payout ratio is -163.64%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. Atb Cap Markets downgraded shares of Vermilion Energy from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 13th. Desjardins downgraded shares of Vermilion Energy from a “moderate buy” rating to a “hold” rating in a report on Tuesday, March 18th. Finally, StockNews.com downgraded shares of Vermilion Energy from a “buy” rating to a “hold” rating in a report on Saturday, March 15th.

Vermilion Energy Company 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.