Vermilion Energy Inc (NYSE:VET) (TSE:VET) has received an average rating of “Hold” from the ten ratings firms that are covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $40.50.

VET has been the subject of several recent research reports. Royal Bank of Canada restated an “average” rating and issued a $40.00 price target on shares of Vermilion Energy in a research note on Tuesday, January 8th. Raymond James upgraded Vermilion Energy to a “buy” rating in a research note on Tuesday, December 11th. Finally, BMO Capital Markets restated a “hold” rating on shares of Vermilion Energy in a research note on Thursday, February 28th.

VET opened at $24.68 on Friday. The firm has a market capitalization of $3.75 billion, a P/E ratio of 48.39, a PEG ratio of 0.79 and a beta of 1.04. Vermilion Energy has a 1 year low of $19.43 and a 1 year high of $37.89. The company has a quick ratio of 0.71, a current ratio of 0.76 and a debt-to-equity ratio of 0.68.

The company also recently declared a monthly dividend, which will be paid on Friday, March 15th. Investors of record on Thursday, February 28th will be paid a $0.1729 dividend. The ex-dividend date is Wednesday, February 27th. This represents a $2.08 annualized dividend and a yield of 8.41%. Vermilion Energy’s dividend payout ratio (DPR) is presently 411.76%.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Proficio Capital Partners LLC raised its holdings in Vermilion Energy by 36.7% in the 4th quarter. Proficio Capital Partners LLC now owns 2,077 shares of the oil and gas company’s stock valued at $44,000 after acquiring an additional 558 shares in the last quarter. NumerixS Investment Technologies Inc acquired a new position in Vermilion Energy in the 4th quarter valued at $45,000. Advisor Group Inc. raised its holdings in Vermilion Energy by 21.5% in the 4th quarter. Advisor Group Inc. now owns 7,047 shares of the oil and gas company’s stock valued at $148,000 after acquiring an additional 1,248 shares in the last quarter. Nordea Investment Management AB acquired a new position in Vermilion Energy in the 3rd quarter valued at $228,000. Finally, Fulcrum Equity Management acquired a new position in Vermilion Energy in the 4th quarter valued at $265,000. 51.70% of the stock is owned by hedge funds and other institutional investors.

About Vermilion Energy

Vermilion Energy Inc acquires, explores, develops, and produces crude petroleum and natural gas. As of December 31, 2017, it owned 74% interest in 330,900 net acres of developed land and 87% interest in 376,400 net acres of undeveloped land, as well as 375 net producing natural gas wells and 475 net producing oil wells in Canada; and 96% interest in 208,900 net acres of developed land and 99% interest in 379,800 net acres of undeveloped land in the Aquitaine and Paris Basins, as well as 332 net producing oil wells and 3 net producing gas wells in France.

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Analyst Recommendations for Vermilion Energy (NYSE:VET)

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