Vermilion Energy Inc. (NYSE:VET) Stock Position Decreased by Public Sector Pension Investment Board

Public Sector Pension Investment Board cut its stake in shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 1.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 421,319 shares of the oil and gas company’s stock after selling 7,940 shares during the quarter. Public Sector Pension Investment Board owned 0.26% of Vermilion Energy worth $3,695,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP boosted its stake in shares of Vermilion Energy by 47.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,558,607 shares of the oil and gas company’s stock worth $13,638,000 after acquiring an additional 503,828 shares in the last quarter. Mackenzie Financial Corp bought a new stake in shares of Vermilion Energy during the 2nd quarter worth $1,786,000. Deutsche Bank AG boosted its stake in shares of Vermilion Energy by 582.0% during the 2nd quarter. Deutsche Bank AG now owns 235,571 shares of the oil and gas company’s stock worth $2,061,000 after acquiring an additional 201,029 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of Vermilion Energy by 48.8% during the 2nd quarter. American Century Companies Inc. now owns 217,069 shares of the oil and gas company’s stock worth $1,902,000 after acquiring an additional 71,158 shares in the last quarter. Finally, Venture Visionary Partners LLC bought a new stake in shares of Vermilion Energy during the 2nd quarter worth $43,000. 17.67% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE:VET opened at $10.63 on Thursday. The company has a current ratio of 0.55, a quick ratio of 0.50 and a debt-to-equity ratio of 0.99. Vermilion Energy Inc. has a 1 year low of $2.28 and a 1 year high of $11.47. The business has a fifty day simple moving average of $7.86 and a 200 day simple moving average of $7.77. The firm has a market cap of $1.72 billion, a price-to-earnings ratio of 2.62 and a beta of 3.18.

Vermilion Energy (NYSE:VET) (TSE:VET) last announced its quarterly earnings data on Sunday, August 15th. The oil and gas company reported $2.79 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $2.77. Vermilion Energy had a negative return on equity of 10.13% and a net margin of 61.81%. The business had revenue of $331.48 million during the quarter, compared to analyst estimates of $265.00 million. On average, sell-side analysts forecast that Vermilion Energy Inc. will post 3.14 EPS for the current year.

Several analysts have recently commented on VET shares. Royal Bank of Canada decreased their target price on Vermilion Energy from C$12.00 to C$11.00 and set a “sector perform” rating for the company in a research report on Tuesday, August 17th. Scotiabank raised their target price on Vermilion Energy from C$11.50 to C$12.50 and gave the stock a “sector perform” rating in a research report on Thursday, July 15th. TD Securities decreased their target price on Vermilion Energy from C$12.00 to C$10.50 and set a “hold” rating for the company in a research report on Tuesday, August 17th. Stifel Nicolaus raised their target price on Vermilion Energy from C$11.75 to C$12.25 and gave the stock a “hold” rating in a research report on Thursday, September 23rd. Finally, National Bank Financial raised their target price on Vermilion Energy from C$13.50 to C$18.00 and gave the stock a “sector perform” rating in a research report on Wednesday, September 29th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $11.86.

Vermilion Energy Company Profile

Vermilion Energy, Inc engages in the acquisition, exploration, development, and production of oil and natural gas. It operates through the following segments: Canada, United States of America, France, Netherlands, Germany, Ireland, Australia, and Corporate. The company was founded by Lorenzo Donadeo and Claudio A.

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

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