UBS Asset Management Americas Inc. lifted its position in Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 3.3% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 274,330 shares of the oil and gas company’s stock after purchasing an additional 8,875 shares during the period. UBS Asset Management Americas Inc. owned 0.23% of Vermilion Energy worth $8,690,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Bank of Nova Scotia raised its stake in Vermilion Energy by 10.0% in the first quarter. Bank of Nova Scotia now owns 238,078 shares of the oil and gas company’s stock worth $8,928,000 after buying an additional 21,547 shares in the last quarter. Oppenheimer Asset Management Inc. raised its stake in Vermilion Energy by 24.3% in the second quarter. Oppenheimer Asset Management Inc. now owns 89,205 shares of the oil and gas company’s stock worth $2,830,000 after buying an additional 17,423 shares in the last quarter. Wellington Management Group LLP raised its stake in Vermilion Energy by 33.3% in the first quarter. Wellington Management Group LLP now owns 61,843 shares of the oil and gas company’s stock worth $2,313,000 after buying an additional 15,446 shares in the last quarter. BlueCrest Capital Management Ltd bought a new position in Vermilion Energy in the first quarter worth approximately $292,000. Finally, Franklin Resources Inc. raised its stake in Vermilion Energy by 15.9% in the second quarter. Franklin Resources Inc. now owns 1,154,251 shares of the oil and gas company’s stock worth $36,636,000 after buying an additional 158,662 shares in the last quarter. 53.57% of the stock is owned by institutional investors.

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Vermilion Energy Inc. (VET) opened at 35.06 on Friday. The company has a 50-day moving average of $34.31 and a 200-day moving average of $33.85. Vermilion Energy Inc. has a 52 week low of $29.91 and a 52 week high of $44.95. The company has a market cap of $4.25 billion, a P/E ratio of 68.75 and a beta of 0.53.

Vermilion Energy (NYSE:VET) (TSE:VET) last issued its quarterly earnings results on Wednesday, July 26th. The oil and gas company reported $0.30 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.07) by $0.37. Vermilion Energy had a net margin of 7.17% and a return on equity of 4.52%. The company had revenue of $201.70 million during the quarter. On average, equities research analysts predict that Vermilion Energy Inc. will post $0.69 EPS for the current year.

The firm also recently declared a monthly dividend, which will be paid on Monday, October 16th. Shareholders of record on Friday, September 29th will be given a $0.177 dividend. The ex-dividend date is Thursday, September 28th. This represents a $2.12 annualized dividend and a yield of 6.06%. Vermilion Energy’s dividend payout ratio is presently 451.06%.

A number of equities analysts recently commented on VET shares. Zacks Investment Research raised shares of Vermilion Energy from a “hold” rating to a “buy” rating and set a $34.00 price objective for the company in a research note on Saturday, July 8th. Royal Bank Of Canada raised shares of Vermilion Energy from a “sector perform” rating to an “outperform” rating in a research note on Thursday, July 27th. Finally, BidaskClub raised shares of Vermilion Energy from a “strong sell” rating to a “sell” rating in a research note on Tuesday, June 13th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. Vermilion Energy currently has an average rating of “Hold” and a consensus price target of $54.50.

Vermilion Energy Profile

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

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