15,006 Shares in Vermilion Energy Inc. (NYSE:VET) Acquired by DGS Capital Management LLC

DGS Capital Management LLC purchased a new position in shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 15,006 shares of the oil and gas company’s stock, valued at approximately $181,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Covestor Ltd bought a new position in Vermilion Energy during the 1st quarter worth approximately $25,000. Money Concepts Capital Corp bought a new stake in shares of Vermilion Energy in the 4th quarter worth approximately $40,000. Tower Research Capital LLC TRC grew its position in shares of Vermilion Energy by 99.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,362 shares of the oil and gas company’s stock worth $54,000 after buying an additional 2,170 shares during the last quarter. Citigroup Inc. grew its position in shares of Vermilion Energy by 40.3% in the 3rd quarter. Citigroup Inc. now owns 6,732 shares of the oil and gas company’s stock worth $99,000 after buying an additional 1,932 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its position in shares of Vermilion Energy by 8,245.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,757 shares of the oil and gas company’s stock worth $99,000 after buying an additional 4,700 shares during the last quarter. 31.91% of the stock is currently owned by institutional investors.

Vermilion Energy Stock Down 2.2 %

NYSE VET opened at $11.79 on Thursday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.10 and a current ratio of 1.18. Vermilion Energy Inc. has a twelve month low of $9.81 and a twelve month high of $15.98. The stock’s 50 day moving average is $11.58 and its 200 day moving average is $12.24.

Vermilion Energy (NYSE:VET) (TSE:VET) last released its quarterly earnings results on Wednesday, March 6th. The oil and gas company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.42. Vermilion Energy had a positive return on equity of 15.75% and a negative net margin of 11.40%. The company had revenue of $384.17 million for the quarter, compared to analyst estimates of $442.92 million. On average, equities analysts predict that Vermilion Energy Inc. will post 1.94 earnings per share for the current fiscal year.

Vermilion Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were given a dividend of $0.0888 per share. The ex-dividend date was Wednesday, March 27th. This is a positive change from Vermilion Energy’s previous quarterly dividend of $0.07. This represents a $0.36 annualized dividend and a dividend yield of 3.01%. Vermilion Energy’s payout ratio is currently -26.13%.

Analyst Upgrades and Downgrades

Separately, TD Securities upgraded Vermilion Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, March 27th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $25.00.

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.