Albert D Mason Inc. Sells 11,305 Shares of Vermilion Energy Inc. (NYSE:VET)

Albert D Mason Inc. lessened its stake in Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 12.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 82,114 shares of the oil and gas company’s stock after selling 11,305 shares during the quarter. Albert D Mason Inc. owned approximately 0.05% of Vermilion Energy worth $772,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of VET. EverSource Wealth Advisors LLC raised its stake in shares of Vermilion Energy by 2,569.2% in the second quarter. EverSource Wealth Advisors LLC now owns 3,817 shares of the oil and gas company’s stock valued at $41,000 after buying an additional 3,674 shares during the period. Net Worth Advisory Group bought a new stake in Vermilion Energy in the 3rd quarter valued at about $115,000. Marshall Wace LLP bought a new stake in Vermilion Energy in the 2nd quarter valued at about $122,000. Blue Trust Inc. lifted its holdings in Vermilion Energy by 601.9% during the third quarter. Blue Trust Inc. now owns 13,996 shares of the oil and gas company’s stock valued at $137,000 after purchasing an additional 12,002 shares during the last quarter. Finally, Aigen Investment Management LP boosted its position in Vermilion Energy by 29.8% during the third quarter. Aigen Investment Management LP now owns 27,148 shares of the oil and gas company’s stock worth $265,000 after purchasing an additional 6,229 shares during the period. Institutional investors own 31.91% of the company’s stock.

Vermilion Energy Stock Performance

NYSE:VET opened at $10.13 on Friday. Vermilion Energy Inc. has a 1 year low of $8.22 and a 1 year high of $12.79. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.19 and a current ratio of 1.25. The stock’s fifty day moving average price is $9.77 and its two-hundred day moving average price is $9.96.

Vermilion Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a dividend of $0.089 per share. This is a boost from Vermilion Energy’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.36 dividend on an annualized basis and a yield of 3.52%. Vermilion Energy’s dividend payout ratio is -8.82%.

Analysts Set New Price Targets

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

Vermilion Energy Company 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.