ARGA Investment Management LP Cuts Stock Position in Vermilion Energy Inc. (NYSE:VET)

ARGA Investment Management LP trimmed its position in shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 29.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 44,097 shares of the oil and gas company’s stock after selling 18,701 shares during the quarter. ARGA Investment Management LP’s holdings in Vermilion Energy were worth $415,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Blue Trust Inc. raised its stake in shares of Vermilion Energy by 45.6% during the 4th quarter. Blue Trust Inc. now owns 20,382 shares of the oil and gas company’s stock worth $199,000 after acquiring an additional 6,386 shares in the last quarter. Barclays PLC increased its position 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 purchasing an additional 41,741 shares in the last quarter. Arete Wealth Advisors LLC lifted its holdings in shares of Vermilion Energy by 50.8% during the 3rd quarter. Arete Wealth Advisors LLC now owns 106,042 shares of the oil and gas company’s stock valued at $1,028,000 after purchasing an additional 35,705 shares during the last quarter. Toronto Dominion Bank boosted its position in shares of Vermilion Energy by 6.2% in the 3rd quarter. Toronto Dominion Bank now owns 157,025 shares of the oil and gas company’s stock worth $1,534,000 after purchasing an additional 9,154 shares in the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new position in Vermilion Energy during the 3rd quarter worth $1,947,000. 31.91% of the stock is currently owned by institutional investors.

Vermilion Energy Stock Up 2.7 %

Vermilion Energy stock opened at $9.26 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 moving average of $9.66 and a two-hundred day moving average of $9.82. Vermilion Energy Inc. has a one year low of $8.22 and a one year high of $12.79.

Vermilion Energy 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.