Stock Traders Buy High Volume of Vermilion Energy Call Options (NYSE:VET)

Vermilion Energy Inc. (NYSE:VET) (TSE:VET) saw unusually large options trading activity on Monday. Traders purchased 4,027 call options on the stock. This represents an increase of approximately 117% compared to the average volume of 1,860 call options.

Institutional Investors Weigh In On Vermilion Energy

Institutional investors have recently added to or reduced their stakes in the stock. Larson Financial Group LLC lifted its position in shares of Vermilion Energy by 1,123.6% during the 4th quarter. Larson Financial Group LLC now owns 4,356 shares of the oil and gas company’s stock worth $41,000 after buying an additional 4,000 shares during the period. Northern Trust Corp acquired a new position in Vermilion Energy during the fourth quarter worth $94,000. Citizens Financial Group Inc. RI bought a new position in shares of Vermilion Energy during the fourth quarter valued at $103,000. Amundi boosted its stake in shares of Vermilion Energy by 74.0% in the 4th quarter. Amundi now owns 11,020 shares of the oil and gas company’s stock valued at $104,000 after purchasing an additional 4,685 shares in the last quarter. Finally, Hsbc Holdings PLC bought a new stake in shares of Vermilion Energy in the 4th quarter worth about $104,000. 31.91% of the stock is owned by institutional investors and hedge funds.

Vermilion Energy Trading Down 0.7 %

Shares of VET stock opened at $6.07 on Tuesday. The firm has a fifty day moving average of $8.40 and a 200-day moving average of $9.31. The stock has a market cap of $937.83 million, a price-to-earnings ratio of -1.62 and a beta of 1.43. Vermilion Energy has a 52-week low of $5.68 and a 52-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.

Vermilion Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a $0.0903 dividend. This represents a $0.36 annualized dividend and a yield of 5.95%. The ex-dividend date is Monday, March 31st. This is a positive change from Vermilion Energy’s previous quarterly dividend of $0.09. Vermilion Energy’s dividend payout ratio is -163.64%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on VET shares. StockNews.com lowered shares of Vermilion Energy from a “buy” rating to a “hold” rating in a research report on Saturday, March 15th. Atb Cap Markets cut Vermilion Energy from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 13th. Finally, Desjardins lowered Vermilion Energy from a “moderate buy” rating to a “hold” rating in a report on Tuesday, March 18th.

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.