Swiss National Bank Has $6.27 Million Stock Holdings in Veren Inc. (NYSE:VRN)

Swiss National Bank lifted its stake in shares of Veren Inc. (NYSE:VRN) by 5.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,220,200 shares of the company’s stock after purchasing an additional 64,300 shares during the quarter. Swiss National Bank owned 0.20% of Veren worth $6,270,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. EverSource Wealth Advisors LLC increased its stake in Veren by 80.6% in the fourth quarter. EverSource Wealth Advisors LLC now owns 5,951 shares of the company’s stock valued at $31,000 after acquiring an additional 2,655 shares during the last quarter. Aigen Investment Management LP increased its stake in shares of Veren by 35.9% in the 4th quarter. Aigen Investment Management LP now owns 268,584 shares of the company’s stock valued at $1,381,000 after purchasing an additional 70,922 shares during the last quarter. Proficio Capital Partners LLC acquired a new position in shares of Veren during the 4th quarter worth $164,000. Charles Schwab Investment Management Inc. lifted its position in shares of Veren by 6.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,985,175 shares of the company’s stock worth $10,201,000 after buying an additional 124,863 shares during the last quarter. Finally, Versor Investments LP boosted its stake in Veren by 79.5% in the fourth quarter. Versor Investments LP now owns 103,200 shares of the company’s stock valued at $530,000 after buying an additional 45,700 shares in the last quarter. Institutional investors own 49.37% of the company’s stock.

Veren Stock Performance

Veren stock opened at $6.64 on Monday. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.34. The stock has a market cap of $4.06 billion, a PE ratio of 4.74 and a beta of 2.08. Veren Inc. has a 12-month low of $4.40 and a 12-month high of $9.02. The business’s 50-day moving average price is $5.41 and its two-hundred day moving average price is $5.56.

Veren Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Saturday, March 15th will be given a dividend of $0.0797 per share. This represents a $0.32 dividend on an annualized basis and a yield of 4.80%. The ex-dividend date of this dividend is Friday, March 14th. Veren’s dividend payout ratio is 100.00%.

Veren Company Profile

Veren Inc explores, develops, and produces oil and gas properties in Canada and the United States. The company focuses on crude oil, tight oil, natural gas liquids, shale gas, and natural gas reserves. Its properties are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota.