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

Barclays PLC raised its position in shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 1,469.8% during the third quarter, HoldingsChannel reports. 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 at the end of the most recent reporting period.

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

Vermilion Energy Trading Up 0.5 %

NYSE:VET opened at $9.87 on Friday. The firm has a market capitalization of $1.53 billion, a P/E ratio of -2.64 and a beta of 1.99. Vermilion Energy Inc. has a 52 week low of $8.22 and a 52 week high of $12.79. The company has a quick ratio of 1.19, a current ratio of 1.25 and a debt-to-equity ratio of 0.36. The company has a fifty day moving average of $9.66 and a 200 day moving average of $10.03.

Vermilion Energy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be issued a dividend of $0.089 per share. 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 dividend yield of 3.61%. The ex-dividend date is Tuesday, December 31st. Vermilion Energy’s dividend payout ratio is currently -9.36%.

Wall Street Analysts Forecast Growth

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

Vermilion Energy Company 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.