Alberta Investment Management Corp Acquires 81,500 Shares of Vermilion Energy Inc. (NYSE:VET)

Alberta Investment Management Corp increased its holdings in Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 12.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 719,000 shares of the oil and gas company’s stock after purchasing an additional 81,500 shares during the period. Alberta Investment Management Corp’s holdings in Vermilion Energy were worth $6,764,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of VET. Blue Trust Inc. grew its stake in shares of Vermilion Energy by 601.9% in the third quarter. Blue Trust Inc. now owns 13,996 shares of the oil and gas company’s stock worth $137,000 after purchasing an additional 12,002 shares during the last quarter. Clear Harbor Asset Management LLC lifted its holdings in Vermilion Energy by 3.3% in the third quarter. Clear Harbor Asset Management LLC now owns 149,129 shares of the oil and gas company’s stock valued at $1,457,000 after buying an additional 4,702 shares during the period. Janney Montgomery Scott LLC lifted its holdings in Vermilion Energy by 4.6% in the third quarter. Janney Montgomery Scott LLC now owns 206,715 shares of the oil and gas company’s stock valued at $2,020,000 after buying an additional 9,161 shares during the period. Entropy Technologies LP acquired a new position in Vermilion Energy in the third quarter valued at $382,000. Finally, Aigen Investment Management LP lifted its holdings in Vermilion Energy by 29.8% in the third quarter. Aigen Investment Management LP now owns 27,148 shares of the oil and gas company’s stock valued at $265,000 after buying an additional 6,229 shares during the period. Institutional investors own 31.91% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Atb Cap Markets lowered shares of Vermilion Energy from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 13th.

Vermilion Energy Price Performance

VET stock opened at $9.15 on Thursday. The firm has a market cap of $1.41 billion, a price-to-earnings ratio of -2.45 and a beta of 1.97. 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 Inc. has a 12-month low of $8.22 and a 12-month high of $12.79. The company’s fifty day simple moving average is $9.49 and its 200 day simple moving average is $9.73.

About Vermilion Energy

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.