DRW Securities LLC Decreases Holdings in Vermilion Energy Inc. (NYSE:VET)

DRW Securities LLC lowered its position in Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 5.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 130,000 shares of the oil and gas company’s stock after selling 8,000 shares during the quarter. DRW Securities LLC owned approximately 0.08% of Vermilion Energy worth $1,431,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its holdings in Vermilion Energy by 2,569.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,817 shares of the oil and gas company’s stock valued at $41,000 after acquiring an additional 3,674 shares during the period. HBK Sorce Advisory LLC bought a new stake in Vermilion Energy in the first quarter valued at approximately $127,000. Bank of Nova Scotia Trust Co. boosted its stake in shares of Vermilion Energy by 15.8% during the first quarter. Bank of Nova Scotia Trust Co. now owns 11,650 shares of the oil and gas company’s stock valued at $145,000 after purchasing an additional 1,593 shares during the period. Perkins Coie Trust Co bought a new position in shares of Vermilion Energy in the second quarter worth approximately $182,000. Finally, Virtu Financial LLC purchased a new position in shares of Vermilion Energy in the fourth quarter worth $205,000. 31.91% of the stock is currently owned by institutional investors.

Vermilion Energy Trading Up 1.1 %

NYSE:VET opened at $9.72 on Monday. The firm has a market capitalization of $1.54 billion, a P/E ratio of -3.50 and a beta of 2.00. Vermilion Energy Inc. has a 52 week low of $8.70 and a 52 week high of $15.56. The company has a quick ratio of 1.02, a current ratio of 1.09 and a debt-to-equity ratio of 0.36. The company has a fifty day moving average of $10.03 and a 200 day moving average of $11.15.

Vermilion Energy (NYSE:VET) (TSE:VET) last issued its quarterly earnings data on Wednesday, July 31st. The oil and gas company reported ($0.38) EPS for the quarter, missing the consensus estimate of $0.31 by ($0.69). The firm had revenue of $350.04 million for the quarter, compared to the consensus estimate of $376.54 million. Vermilion Energy had a negative net margin of 41.33% and a positive return on equity of 5.99%. On average, research analysts predict that Vermilion Energy Inc. will post 0.35 earnings per share for the current year.

Vermilion Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Friday, September 27th will be issued a $0.088 dividend. The ex-dividend date of this dividend is Friday, September 27th. This represents a $0.35 annualized dividend and a yield of 3.62%. This is a boost from Vermilion Energy’s previous quarterly dividend of $0.09. Vermilion Energy’s dividend payout ratio (DPR) is -12.59%.

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.