Ontario Teachers Pension Plan Board purchased a new position in shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) during the third quarter, according to its most recent filing with the SEC. The firm purchased 9,995 shares of the company’s stock, valued at approximately $386,000.
A number of other large investors also recently added to or reduced their stakes in the stock. Creative Planning boosted its stake in Vermilion Energy by 3.9% in the third quarter. Creative Planning now owns 3,791 shares of the company’s stock worth $147,000 after buying an additional 141 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in Vermilion Energy by 6.5% in the third quarter. PNC Financial Services Group Inc. now owns 4,844 shares of the company’s stock worth $187,000 after buying an additional 296 shares in the last quarter. Opus Capital Group LLC bought a new stake in Vermilion Energy during the third quarter worth about $234,000. San Francisco Sentry Investment Group CA boosted its stake in Vermilion Energy by 22.9% in the third quarter. San Francisco Sentry Investment Group CA now owns 9,055 shares of the company’s stock worth $351,000 after buying an additional 1,685 shares in the last quarter. Finally, Stevens Capital Management LP bought a new stake in Vermilion Energy during the third quarter worth about $357,000. 51.45% of the stock is currently owned by hedge funds and other institutional investors.
Vermilion Energy Inc. (NYSE:VET) traded up 2.52% on Friday, hitting $40.66. The stock had a trading volume of 78,075 shares. The stock’s 50 day moving average is $41.63 and its 200 day moving average is $39.38. Vermilion Energy Inc. has a one year low of $23.72 and a one year high of $44.95. The stock’s market cap is $4.79 billion.
The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, February 15th. Shareholders of record on Tuesday, January 24th will be given a $0.1634 dividend. This represents a $1.96 annualized dividend and a yield of 4.82%. The ex-dividend date is Friday, January 20th. Vermilion Energy’s payout ratio is -97.46%.
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A number of equities research analysts recently issued reports on VET shares. Canaccord Genuity reissued a “buy” rating and issued a $60.00 price target (up previously from $58.00) on shares of Vermilion Energy in a research note on Tuesday, November 1st. National Bank Financial reaffirmed an “outperform” rating and set a $66.00 target price on shares of Vermilion Energy in a research note on Tuesday, November 1st. Finally, RBC Capital Markets reaffirmed a “sector perform” rating and set a $53.00 target price (up previously from $52.00) on shares of Vermilion Energy in a research note on Tuesday, November 1st. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $53.35.
About Vermilion Energy
Vermilion Energy Inc (Vermilion) is a Canada-based international oil and gas producer. The Company is focused on the acquisition, development and optimization of producing properties in North America, Europe and Australia. The Company’s segments are Canada, which relates to its assets in Alberta and Saskatchewan; France, which relates to its operations in France in the Paris and Aquitaine basins; Netherlands, which relates to its operations in the Netherlands; Germany, which relates to its operations in Germany; Ireland, which relates to its non-operated interest in the Corrib offshore natural gas field; Australia, which relates to operations on the Wandoo offshore crude oil field; the United States, which relates to its operations in Wyoming in the Powder River Basin, and Corporate.
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