Clear Harbor Asset Management LLC Has $1.25 Million Position in Vermilion Energy Inc. (NYSE:VET)

Clear Harbor Asset Management LLC trimmed its holdings in shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 11.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 132,379 shares of the oil and gas company’s stock after selling 16,750 shares during the period. Clear Harbor Asset Management LLC’s holdings in Vermilion Energy were worth $1,246,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Millennium Management LLC raised its position in Vermilion Energy by 34.5% during the second quarter. Millennium Management LLC now owns 5,484,654 shares of the oil and gas company’s stock worth $60,359,000 after acquiring an additional 1,405,653 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Vermilion Energy by 4.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,463,245 shares of the oil and gas company’s stock valued at $38,131,000 after purchasing an additional 134,216 shares during the period. National Bank of Canada FI lifted its stake in Vermilion Energy by 2.7% in the 3rd quarter. National Bank of Canada FI now owns 1,730,388 shares of the oil and gas company’s stock valued at $16,890,000 after purchasing an additional 45,513 shares during the last quarter. Two Sigma Advisers LP grew its holdings in Vermilion Energy by 72.8% during the third quarter. Two Sigma Advisers LP now owns 1,040,076 shares of the oil and gas company’s stock worth $10,162,000 after purchasing an additional 438,200 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in Vermilion Energy by 4.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 620,662 shares of the oil and gas company’s stock valued at $6,064,000 after buying an additional 23,787 shares during the period. Institutional investors own 31.91% of the company’s stock.

Vermilion Energy Stock Down 0.3 %

Shares of VET opened at $10.09 on Wednesday. The company’s 50-day moving average is $9.79 and its 200-day moving average is $9.93. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 1.19. Vermilion Energy Inc. has a fifty-two week low of $8.22 and a fifty-two week high of $12.79.

Vermilion Energy Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were issued a $0.089 dividend. This is a boost from Vermilion Energy’s previous quarterly dividend of $0.09. This represents a $0.36 annualized dividend and a yield of 3.53%. The ex-dividend date was Tuesday, December 31st. Vermilion Energy’s dividend payout ratio is currently -8.82%.

Analyst Ratings Changes

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 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.