BidaskClub cut shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) from a sell rating to a strong sell rating in a research note issued to investors on Tuesday, July 11th.

Separately, Zacks Investment Research raised Vermilion Energy from a hold rating to a buy rating and set a $34.00 target price on the stock in a research note on Saturday, July 8th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the company. Vermilion Energy presently has a consensus rating of Buy and an average target price of $54.31.

Shares of Vermilion Energy (NYSE:VET) traded up 2.06% on Tuesday, reaching $32.21. The company’s stock had a trading volume of 150,564 shares. The stock has a 50 day moving average of $32.02 and a 200-day moving average of $35.72. Vermilion Energy has a 12 month low of $29.91 and a 12 month high of $44.95. The firm has a market cap of $3.90 billion, a price-to-earnings ratio of 65.47 and a beta of 0.51.

Vermilion Energy (NYSE:VET) (TSE:VET) last announced its quarterly earnings data on Wednesday, July 26th. The oil and gas company reported $0.30 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.07) by $0.37. Vermilion Energy had a return on equity of 4.52% and a net margin of 7.17%. The firm had revenue of $201.70 million for the quarter. On average, analysts anticipate that Vermilion Energy will post $0.61 EPS for the current year.

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The business also recently disclosed a monthly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Friday, July 28th will be issued a $0.1686 dividend. The ex-dividend date of this dividend is Wednesday, July 26th. This is a positive change from Vermilion Energy’s previous monthly dividend of $0.16. This represents a $2.02 annualized dividend and a yield of 6.28%. Vermilion Energy’s dividend payout ratio (DPR) is 423.40%.

A number of hedge funds have recently modified their holdings of VET. BNP Paribas Arbitrage SA raised its stake in shares of Vermilion Energy by 17.9% in the second quarter. BNP Paribas Arbitrage SA now owns 3,194 shares of the oil and gas company’s stock valued at $101,000 after buying an additional 484 shares during the period. OLD Mutual Customised Solutions Proprietary Ltd. raised its stake in shares of Vermilion Energy by 145.5% in the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 2,946 shares of the oil and gas company’s stock valued at $110,000 after buying an additional 1,746 shares during the period. Ladenburg Thalmann Financial Services Inc. raised its stake in shares of Vermilion Energy by 16.7% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,835 shares of the oil and gas company’s stock valued at $117,000 after buying an additional 405 shares during the period. Huntington National Bank raised its stake in shares of Vermilion Energy by 19.2% in the first quarter. Huntington National Bank now owns 3,291 shares of the oil and gas company’s stock valued at $123,000 after buying an additional 530 shares during the period. Finally, Sei Investments Co. raised its stake in shares of Vermilion Energy by 114.2% in the second quarter. Sei Investments Co. now owns 4,657 shares of the oil and gas company’s stock valued at $148,000 after buying an additional 2,483 shares during the period. Institutional investors and hedge funds own 50.36% of the company’s stock.

Vermilion Energy Company Profile

Analyst Recommendations for Vermilion Energy (NYSE:VET)

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