Aigen Investment Management LP Has $265,000 Stock Position in Vermilion Energy Inc. (NYSE:VET)

Aigen Investment Management LP boosted its holdings in shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 29.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 27,148 shares of the oil and gas company’s stock after acquiring an additional 6,229 shares during the period. Aigen Investment Management LP’s holdings in Vermilion Energy were worth $265,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its position in shares of Vermilion Energy by 1.2% in the 1st quarter. Vanguard Group Inc. now owns 5,925,874 shares of the oil and gas company’s stock valued at $73,718,000 after purchasing an additional 71,476 shares during the period. Mitsubishi UFJ Trust & Banking Corp increased its position in shares of Vermilion Energy by 56.3% during the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 72,728 shares of the oil and gas company’s stock worth $909,000 after acquiring an additional 26,200 shares in the last quarter. Millennium Management LLC raised its holdings in shares of Vermilion Energy by 34.5% during the second quarter. Millennium Management LLC now owns 5,484,654 shares of the oil and gas company’s stock worth $60,359,000 after acquiring an additional 1,405,653 shares during the period. National Bank of Canada FI lifted its position in Vermilion Energy by 0.6% in the 2nd quarter. National Bank of Canada FI now owns 1,684,875 shares of the oil and gas company’s stock valued at $18,461,000 after acquiring an additional 9,304 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co boosted its stake in Vermilion Energy by 17.3% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 18,387 shares of the oil and gas company’s stock worth $229,000 after purchasing an additional 2,716 shares during the period. 31.91% of the stock is owned by institutional investors and hedge funds.

Vermilion Energy Stock Performance

Shares of VET stock opened at $9.91 on Friday. The firm has a market cap of $1.54 billion, a PE ratio of -2.65 and a beta of 2.00. Vermilion Energy Inc. has a 12 month low of $8.70 and a 12 month high of $13.35. The company’s fifty day simple moving average is $9.71 and its 200-day simple moving average is $10.56. 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 business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be issued a $0.089 dividend. This is a boost from Vermilion Energy’s previous quarterly dividend of $0.09. The ex-dividend date is Tuesday, December 31st. This represents a $0.36 annualized dividend and a dividend yield of 3.59%. Vermilion Energy’s dividend payout ratio (DPR) is presently -9.63%.

Analyst Ratings Changes

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

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.