Oppenheimer Asset Management Inc. lifted its position in shares of Vermilion Energy Inc (NYSE:VET) (TSE:VET) by 9.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 97,441 shares of the oil and gas company’s stock after acquiring an additional 8,236 shares during the quarter. Oppenheimer Asset Management Inc. owned 0.08% of Vermilion Energy worth $3,467,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Virginia Retirement Systems ET AL grew its position in Vermilion Energy by 0.4% during the second quarter. Virginia Retirement Systems ET AL now owns 9,391 shares of the oil and gas company’s stock worth $297,000 after buying an additional 42 shares during the period. AXA grew its position in Vermilion Energy by 1.6% during the second quarter. AXA now owns 13,056 shares of the oil and gas company’s stock worth $414,000 after buying an additional 200 shares during the period. Financial Counselors Inc. grew its position in Vermilion Energy by 4.6% during the second quarter. Financial Counselors Inc. now owns 8,610 shares of the oil and gas company’s stock worth $273,000 after buying an additional 375 shares during the period. Alliancebernstein L.P. grew its position in Vermilion Energy by 4.7% during the first quarter. Alliancebernstein L.P. now owns 8,456 shares of the oil and gas company’s stock worth $317,000 after buying an additional 378 shares during the period. Finally, BNP Paribas Arbitrage SA grew its position in Vermilion Energy by 17.9% during the second quarter. BNP Paribas Arbitrage SA now owns 3,194 shares of the oil and gas company’s stock worth $101,000 after buying an additional 484 shares during the period. Institutional investors and hedge funds own 54.22% of the company’s stock.

Several research analysts have weighed in on VET shares. BidaskClub lowered shares of Vermilion Energy from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 16th. Zacks Investment Research upgraded shares of Vermilion Energy from a “hold” rating to a “strong-buy” rating and set a $39.00 target price on the stock in a research report on Wednesday, September 13th. Scotiabank restated a “buy” rating and set a $52.50 target price on shares of Vermilion Energy in a research report on Tuesday, October 10th. Finally, Canaccord Genuity restated a “buy” rating and set a $52.00 target price on shares of Vermilion Energy in a research report on Monday, October 30th. Two equities research analysts have rated the stock with a sell rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $47.83.

Shares of Vermilion Energy Inc (VET) traded up $0.35 during midday trading on Monday, hitting $32.71. 107,900 shares of the company’s stock traded hands, compared to its average volume of 147,072. Vermilion Energy Inc has a 12 month low of $29.91 and a 12 month high of $44.95. The stock has a market capitalization of $3,984.08, a P/E ratio of 81.78 and a beta of 0.56. The company has a quick ratio of 0.72, a current ratio of 0.77 and a debt-to-equity ratio of 0.84.

The firm also recently declared a monthly dividend, which will be paid on Friday, December 15th. Shareholders of record on Thursday, November 30th will be issued a $0.168 dividend. This represents a $2.02 annualized dividend and a dividend yield of 6.16%. The ex-dividend date is Wednesday, November 29th. Vermilion Energy’s dividend payout ratio (DPR) is presently 673.33%.

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Vermilion Energy Profile

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

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