Janney Montgomery Scott LLC Reduces Position in Vermilion Energy Inc. (NYSE:VET)

Janney Montgomery Scott LLC reduced its stake in Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 7.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 191,052 shares of the oil and gas company’s stock after selling 15,663 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.12% of Vermilion Energy worth $1,796,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of VET. Barclays PLC lifted its position in shares of Vermilion Energy by 1,469.8% during the 3rd quarter. Barclays PLC now owns 44,581 shares of the oil and gas company’s stock valued at $435,000 after buying an additional 41,741 shares in the last quarter. Arete Wealth Advisors LLC lifted its holdings in Vermilion Energy by 50.8% during the third quarter. Arete Wealth Advisors LLC now owns 106,042 shares of the oil and gas company’s stock valued at $1,028,000 after purchasing an additional 35,705 shares in the last quarter. Toronto Dominion Bank boosted its position in shares of Vermilion Energy by 6.2% in the third quarter. Toronto Dominion Bank now owns 157,025 shares of the oil and gas company’s stock worth $1,534,000 after purchasing an additional 9,154 shares during the period. Public Employees Retirement System of Ohio purchased a new stake in shares of Vermilion Energy in the third quarter worth $1,947,000. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of Vermilion Energy during the 3rd quarter valued at $277,000. 31.91% of the stock is currently owned by hedge funds and other institutional investors.

Vermilion Energy Trading Down 2.9 %

Shares of Vermilion Energy stock opened at $9.23 on Monday. Vermilion Energy Inc. has a fifty-two week low of $8.22 and a fifty-two week high of $12.79. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.19 and a current ratio of 1.25. The company has a market capitalization of $1.42 billion, a P/E ratio of -2.47 and a beta of 1.99. The company has a fifty day moving average of $9.71 and a 200 day moving average of $9.84.

Vermilion Energy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a dividend of $0.089 per share. The ex-dividend date was Tuesday, December 31st. This represents a $0.36 annualized dividend and a dividend yield of 3.86%. This is a boost from Vermilion Energy’s previous quarterly dividend of $0.09. Vermilion Energy’s dividend payout ratio (DPR) is currently -8.82%.

About Vermilion Energy

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.