Public Employees Retirement System of Ohio Purchases Shares of 199,223 Vermilion Energy Inc. (NYSE:VET)

Public Employees Retirement System of Ohio acquired a new position in Vermilion Energy Inc. (NYSE:VET) (TSE:VET) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 199,223 shares of the oil and gas company’s stock, valued at approximately $1,947,000.

A number of other institutional investors also recently made changes to their positions in the business. Y Intercept Hong Kong Ltd bought a new stake in Vermilion Energy in the third quarter worth $277,000. XTX Topco Ltd increased its holdings in shares of Vermilion Energy by 18.3% in the third quarter. XTX Topco Ltd now owns 63,238 shares of the oil and gas company’s stock worth $618,000 after buying an additional 9,790 shares during the period. National Bank of Canada FI lifted its stake in shares of Vermilion Energy by 2.7% in the 3rd quarter. National Bank of Canada FI now owns 1,730,388 shares of the oil and gas company’s stock valued at $16,890,000 after acquiring an additional 45,513 shares during the last quarter. Two Sigma Advisers LP boosted its holdings in Vermilion Energy by 72.8% during the 3rd quarter. Two Sigma Advisers LP now owns 1,040,076 shares of the oil and gas company’s stock valued at $10,162,000 after acquiring an additional 438,200 shares during the period. Finally, ARGA Investment Management LP bought a new position in Vermilion Energy during the 3rd quarter worth approximately $613,000. Hedge funds and other institutional investors own 31.91% of the company’s stock.

Wall Street Analyst Weigh In

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

Vermilion Energy Price Performance

Shares of Vermilion Energy stock opened at $8.65 on Thursday. The company’s fifty day simple moving average is $9.83 and its two-hundred day simple moving average is $10.21. Vermilion Energy Inc. has a 12-month low of $8.64 and a 12-month high of $12.94. The firm has a market cap of $1.34 billion, a PE ratio of -2.31 and a beta of 1.99. The company has a quick ratio of 1.19, a current ratio of 1.25 and a debt-to-equity ratio of 0.36.

Vermilion Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a $0.089 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This is a boost from Vermilion Energy’s previous quarterly dividend of $0.09. This represents a $0.36 annualized dividend and a dividend yield of 4.12%. Vermilion Energy’s dividend payout ratio (DPR) is presently -9.36%.

Vermilion Energy Profile

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.