134,497 Shares in Vermilion Energy Inc. (NYSE:VET) Bought by Drum Hill Capital LLC

Drum Hill Capital LLC bought a new stake in shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) in the 4th quarter, HoldingsChannel reports. The fund bought 134,497 shares of the oil and gas company’s stock, valued at approximately $1,264,000. Vermilion Energy accounts for about 1.6% of Drum Hill Capital LLC’s investment portfolio, making the stock its 21st biggest holding.

A number of other institutional investors and hedge funds also recently modified their holdings of VET. Truist Financial Corp acquired a new position in shares of Vermilion Energy in the 4th quarter valued at about $119,000. Blue Trust Inc. boosted its stake in Vermilion Energy by 601.9% in the third quarter. Blue Trust Inc. now owns 13,996 shares of the oil and gas company’s stock valued at $137,000 after acquiring an additional 12,002 shares during the period. Aigen Investment Management LP grew its holdings in shares of Vermilion Energy by 29.8% during the third quarter. Aigen Investment Management LP now owns 27,148 shares of the oil and gas company’s stock valued at $265,000 after purchasing an additional 6,229 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in shares of Vermilion Energy during the 3rd quarter worth approximately $277,000. Finally, Entropy Technologies LP bought a new stake in shares of Vermilion Energy in the 3rd quarter worth approximately $382,000. 31.91% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Atb Cap Markets downgraded Vermilion Energy from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 13th.

Vermilion Energy Trading Down 3.6 %

VET stock opened at $8.92 on Friday. The company has a quick ratio of 1.19, a current ratio of 1.25 and a debt-to-equity ratio of 0.36. The firm’s 50-day simple moving average is $9.48 and its 200 day simple moving average is $9.72. Vermilion Energy Inc. has a fifty-two week low of $8.22 and a fifty-two week high of $12.79.

About Vermilion Energy

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.