Vermilion Energy Inc. (NYSE:VET) Shares Sold by American Century Companies Inc.

American Century Companies Inc. lessened its holdings in Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 1.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,370,720 shares of the oil and gas company’s stock after selling 23,258 shares during the quarter. American Century Companies Inc. owned about 1.54% of Vermilion Energy worth $22,314,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of VET. Larson Financial Group LLC increased its stake in shares of Vermilion Energy by 1,123.6% in the fourth quarter. Larson Financial Group LLC now owns 4,356 shares of the oil and gas company’s stock worth $41,000 after acquiring an additional 4,000 shares during the period. Citizens Financial Group Inc. RI acquired a new stake in Vermilion Energy during the 4th quarter worth about $103,000. Amundi lifted its holdings in shares of Vermilion Energy by 74.0% in the 4th quarter. Amundi now owns 11,020 shares of the oil and gas company’s stock valued at $104,000 after buying an additional 4,685 shares during the period. Truist Financial Corp acquired a new position in shares of Vermilion Energy in the 4th quarter valued at about $119,000. Finally, Magnetar Financial LLC purchased a new stake in shares of Vermilion Energy in the fourth quarter worth about $156,000. 31.91% of the stock is owned by hedge funds and other institutional investors.

Vermilion Energy Stock Down 1.2 %

Shares of VET opened at $8.16 on Monday. The firm has a market cap of $1.26 billion, a P/E ratio of -2.18 and a beta of 1.91. Vermilion Energy Inc. has a 12 month low of $7.09 and a 12 month high of $12.79. The stock’s 50 day moving average is $8.71 and its two-hundred day moving average is $9.40. The company has a current ratio of 1.25, a quick ratio of 1.19 and a debt-to-equity ratio of 0.36.

Vermilion Energy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a $0.0903 dividend. This represents a $0.36 annualized dividend and a yield of 4.43%. The ex-dividend date of this dividend is Monday, March 31st. This is a positive change from Vermilion Energy’s previous quarterly dividend of $0.09. Vermilion Energy’s payout ratio is presently -163.64%.

Analysts Set New Price Targets

VET has been the subject of a number of analyst reports. Desjardins downgraded Vermilion Energy from a “moderate buy” rating to a “hold” rating in a report on Tuesday, March 18th. Atb Cap Markets cut shares of Vermilion Energy from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 13th. Finally, StockNews.com lowered shares of Vermilion Energy from a “buy” rating to a “hold” rating in a research report on Saturday, March 15th.

Vermilion Energy 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.