Arete Wealth Advisors LLC Buys 2,046 Shares of Vermilion Energy Inc. (NYSE:VET)

Arete Wealth Advisors LLC raised its stake in shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 1.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 108,088 shares of the oil and gas company’s stock after purchasing an additional 2,046 shares during the quarter. Arete Wealth Advisors LLC owned 0.07% of Vermilion Energy worth $1,015,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership bought a new position in Vermilion Energy during the fourth quarter valued at about $10,866,000. The Manufacturers Life Insurance Company increased its position in shares of Vermilion Energy by 345.4% during the third quarter. The Manufacturers Life Insurance Company now owns 592,839 shares of the oil and gas company’s stock valued at $5,790,000 after purchasing an additional 459,746 shares during the period. Two Sigma Advisers LP raised its stake in shares of Vermilion Energy by 72.8% in the third quarter. Two Sigma Advisers LP now owns 1,040,076 shares of the oil and gas company’s stock valued at $10,162,000 after purchasing an additional 438,200 shares in the last quarter. Royce & Associates LP lifted its position in Vermilion Energy by 49.3% in the fourth quarter. Royce & Associates LP now owns 918,240 shares of the oil and gas company’s stock worth $8,643,000 after purchasing an additional 303,370 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new stake in Vermilion Energy during the third quarter worth $1,947,000. Institutional investors own 31.91% of the company’s stock.

Vermilion Energy Stock Down 16.5 %

Shares of NYSE:VET opened at $6.11 on Friday. The company’s fifty day moving average is $8.47 and its 200-day moving average is $9.34. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.19 and a current ratio of 1.25. Vermilion Energy Inc. has a 52 week low of $6.00 and a 52 week high of $12.79. The company has a market capitalization of $944.02 million, a PE ratio of -1.63 and a beta of 1.91.

Vermilion Energy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a $0.0903 dividend. The ex-dividend date is Monday, March 31st. This is a positive change from Vermilion Energy’s previous quarterly dividend of $0.09. This represents a $0.36 dividend on an annualized basis and a yield of 5.92%. Vermilion Energy’s payout ratio is -163.64%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. 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. StockNews.com cut shares of Vermilion Energy from a “buy” rating to a “hold” rating in a research note on Saturday, March 15th. Finally, Desjardins downgraded Vermilion Energy from a “moderate buy” rating to a “hold” rating in a report on Tuesday, March 18th.

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.