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

Alberta Investment Management Corp boosted its position in Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 12.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 719,000 shares of the oil and gas company’s stock after acquiring an additional 81,500 shares during the quarter. Alberta Investment Management Corp owned 0.47% of Vermilion Energy worth $6,764,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Truist Financial Corp bought a new stake in shares of Vermilion Energy during the fourth quarter worth $119,000. Vontobel Holding Ltd. grew its stake in shares of Vermilion Energy by 11.4% during the fourth quarter. Vontobel Holding Ltd. now owns 92,500 shares of the oil and gas company’s stock worth $870,000 after buying an additional 9,500 shares during the last quarter. Blue Trust Inc. grew its stake in shares of Vermilion Energy by 45.6% during the fourth quarter. Blue Trust Inc. now owns 20,382 shares of the oil and gas company’s stock worth $199,000 after buying an additional 6,386 shares during the last quarter. Barclays PLC grew its stake in shares of Vermilion Energy by 1,469.8% during the third quarter. Barclays PLC now owns 44,581 shares of the oil and gas company’s stock worth $435,000 after buying an additional 41,741 shares during the last quarter. Finally, Arete Wealth Advisors LLC grew its stake in shares of Vermilion Energy by 50.8% during the third quarter. Arete Wealth Advisors LLC now owns 106,042 shares of the oil and gas company’s stock worth $1,028,000 after buying an additional 35,705 shares during the last quarter. 31.91% of the stock is owned by institutional investors.

Vermilion Energy Stock Performance

NYSE VET opened at $9.15 on Thursday. The firm’s fifty day moving average price is $9.49 and its two-hundred day moving average price is $9.73. The stock has a market cap of $1.41 billion, a PE ratio of -2.45 and a beta of 1.97. Vermilion Energy Inc. has a fifty-two week low of $8.22 and a fifty-two week 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.

Wall Street Analyst Weigh In

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

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.