Clear Harbor Asset Management LLC Has $1.25 Million Holdings in Vermilion Energy Inc. (NYSE:VET)

Clear Harbor Asset Management LLC lessened its stake in Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 11.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 132,379 shares of the oil and gas company’s stock after selling 16,750 shares during the quarter. Clear Harbor Asset Management LLC owned about 0.09% of Vermilion Energy worth $1,246,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in VET. The Manufacturers Life Insurance Company increased its stake in shares of Vermilion Energy by 345.4% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 592,839 shares of the oil and gas company’s stock valued at $5,790,000 after acquiring an additional 459,746 shares during the last quarter. Public Employees Retirement System of Ohio bought a new stake in Vermilion Energy in the third quarter valued at approximately $1,947,000. Verition Fund Management LLC acquired a new stake in Vermilion Energy in the third quarter worth $555,000. Two Sigma Advisers LP boosted its position in shares of Vermilion Energy by 72.8% during the third quarter. Two Sigma Advisers LP now owns 1,040,076 shares of the oil and gas company’s stock worth $10,162,000 after purchasing an additional 438,200 shares in the last quarter. Finally, Royce & Associates LP acquired a new position in shares of Vermilion Energy in the 3rd quarter valued at $6,001,000. Institutional investors and hedge funds own 31.91% of the company’s stock.

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 Price Performance

Shares of VET opened at $10.09 on Wednesday. The company has a current ratio of 1.25, a quick ratio of 1.19 and a debt-to-equity ratio of 0.36. The stock has a 50 day simple moving average of $9.79 and a 200 day simple moving average of $9.93. Vermilion Energy Inc. has a 52-week low of $8.22 and a 52-week high of $12.79.

Vermilion Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a dividend of $0.089 per share. This is an increase from Vermilion Energy’s previous quarterly dividend of $0.09. The ex-dividend date was Tuesday, December 31st. This represents a $0.36 annualized dividend and a dividend yield of 3.53%. Vermilion Energy’s dividend payout ratio is currently -8.82%.

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.