Barclays PLC Purchases 41,741 Shares of Vermilion Energy Inc. (NYSE:VET)

Barclays PLC lifted its position in shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 1,469.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 44,581 shares of the oil and gas company’s stock after purchasing an additional 41,741 shares during the period. Barclays PLC’s holdings in Vermilion Energy were worth $435,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its position in shares of Vermilion Energy by 2,569.2% in the second quarter. EverSource Wealth Advisors LLC now owns 3,817 shares of the oil and gas company’s stock valued at $41,000 after buying an additional 3,674 shares in the last quarter. Net Worth Advisory Group bought a new position in Vermilion Energy during the 3rd quarter worth $115,000. Marshall Wace LLP acquired a new position in Vermilion Energy in the 2nd quarter valued at $122,000. Blue Trust Inc. lifted its position in shares of Vermilion Energy by 601.9% during the 3rd quarter. Blue Trust Inc. now owns 13,996 shares of the oil and gas company’s stock valued at $137,000 after acquiring an additional 12,002 shares during the period. Finally, Aigen Investment Management LP grew its holdings in shares of Vermilion Energy by 29.8% during the 3rd quarter. Aigen Investment Management LP now owns 27,148 shares of the oil and gas company’s stock worth $265,000 after purchasing an additional 6,229 shares in the last quarter. 31.91% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets downgraded Vermilion Energy from an “outperform” rating to a “market perform” rating in a research note on Friday, October 4th.

Vermilion Energy Stock Performance

Shares of Vermilion Energy stock opened at $10.13 on Friday. The company has a 50 day moving average of $9.77 and a 200-day moving average of $9.95. The company has a market cap of $1.57 billion, a PE ratio of -2.71 and a beta of 1.99. 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 Inc. has a 1-year low of $8.22 and a 1-year high of $12.79.

Vermilion Energy Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a $0.089 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.52%. This is a boost from Vermilion Energy’s previous quarterly dividend of $0.09. Vermilion Energy’s dividend payout ratio is -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.