Vermilion Energy Inc. (NYSE:VET) Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC trimmed its holdings in shares of Vermilion Energy Inc. (NYSE:VETFree Report) (TSE:VET) by 73.5% in the third quarter, Holdings Channel reports. The firm owned 76,816 shares of the oil and gas company’s stock after selling 213,146 shares during the period. Geode Capital Management LLC’s holdings in Vermilion Energy were worth $753,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of VET. Millennium Management LLC increased its position in shares of 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 valued at $60,359,000 after acquiring an additional 1,405,653 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Vermilion Energy by 4.0% in the second 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. American Century Companies Inc. lifted its stake in Vermilion Energy by 6.4% during the second quarter. American Century Companies Inc. now owns 2,190,255 shares of the oil and gas company’s stock worth $24,111,000 after purchasing an additional 131,780 shares in the last quarter. National Bank of Canada FI lifted its stake in Vermilion Energy by 2.7% during the third quarter. National Bank of Canada FI now owns 1,730,388 shares of the oil and gas company’s stock worth $16,890,000 after purchasing an additional 45,513 shares in the last quarter. Finally, Two Sigma Advisers LP boosted its position in shares of 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 buying an additional 438,200 shares during the period. 31.91% of the stock is currently owned by hedge funds and other institutional investors.

Vermilion Energy Stock Up 0.2 %

Shares of VET opened at $10.21 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.19 and a current ratio of 1.25. The stock has a market capitalization of $1.58 billion, a PE ratio of -2.73 and a beta of 1.99. The company’s 50-day simple moving average is $9.71 and its 200-day simple moving average is $10.00. Vermilion Energy Inc. has a 1 year low of $8.22 and a 1 year high of $12.79.

Vermilion Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be given a $0.089 dividend. This represents a $0.36 annualized dividend and a yield of 3.49%. The ex-dividend date is Tuesday, December 31st. This is a boost from Vermilion Energy’s previous quarterly dividend of $0.09. Vermilion Energy’s dividend payout ratio (DPR) is currently -9.36%.

Analyst Ratings Changes

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

Read Our Latest Stock Analysis on VET

Vermilion Energy Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding VET? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vermilion Energy Inc. (NYSE:VETFree Report) (TSE:VET).

Institutional Ownership by Quarter for Vermilion Energy (NYSE:VET)

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