Shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) have been given an average recommendation of “Buy” by the nine analysts that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and seven have given a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $54.31.

Several analysts have recently commented on VET shares. BidaskClub upgraded shares of Vermilion Energy from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 13th. Zacks Investment Research upgraded shares of Vermilion Energy from a “hold” rating to a “buy” rating and set a $34.00 price target on the stock in a report on Saturday.

A number of hedge funds have recently made changes to their positions in VET. Janney Montgomery Scott LLC increased its stake in shares of Vermilion Energy by 10.2% in the first quarter. Janney Montgomery Scott LLC now owns 8,741 shares of the oil and gas company’s stock worth $328,000 after buying an additional 808 shares in the last quarter. Sit Investment Associates Inc. increased its stake in shares of Vermilion Energy by 1,811.8% in the first quarter. Sit Investment Associates Inc. now owns 52,575 shares of the oil and gas company’s stock worth $1,972,000 after buying an additional 49,825 shares in the last quarter. Korea Investment CORP increased its stake in shares of Vermilion Energy by 38.9% in the first quarter. Korea Investment CORP now owns 158,289 shares of the oil and gas company’s stock worth $5,919,000 after buying an additional 44,289 shares in the last quarter. LGT Capital Partners LTD. increased its stake in shares of Vermilion Energy by 28.0% in the first quarter. LGT Capital Partners LTD. now owns 296,552 shares of the oil and gas company’s stock worth $11,092,000 after buying an additional 64,946 shares in the last quarter. Finally, Huntington National Bank increased its stake in shares of Vermilion Energy by 19.2% in the first quarter. Huntington National Bank now owns 3,291 shares of the oil and gas company’s stock worth $123,000 after buying an additional 530 shares in the last quarter. Institutional investors own 50.27% of the company’s stock.

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Shares of Vermilion Energy (NYSE VET) traded up 1.83% on Monday, hitting $30.66. The stock had a trading volume of 207,733 shares. The firm has a 50-day moving average of $32.95 and a 200 day moving average of $37.56. Vermilion Energy has a 1-year low of $29.91 and a 1-year high of $44.95. The company’s market capitalization is $3.69 billion.

Vermilion Energy (NYSE:VET) (TSE:VET) last announced its quarterly earnings data on Friday, April 28th. The oil and gas company reported $0.28 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.12) by $0.40. The firm had revenue of $197.63 million for the quarter. Vermilion Energy had a negative net margin of 3.22% and a negative return on equity of 1.92%. On average, equities analysts anticipate that Vermilion Energy will post $0.54 earnings per share for the current fiscal year.

The business also recently declared a monthly dividend, which will be paid on Monday, July 17th. Shareholders of record on Friday, June 30th will be issued a $0.159 dividend. The ex-dividend date of this dividend is Wednesday, June 28th. This represents a $1.91 dividend on an annualized basis and a yield of 6.22%. Vermilion Energy’s dividend payout ratio is currently -954.95%.

Vermilion Energy Company Profile

Analyst Recommendations for Vermilion Energy (NYSE:VET)

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