Vermilion Energy Inc. (NYSE:VET) Shares Sold by ARGA Investment Management LP

ARGA Investment Management LP cut its holdings in shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 29.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. 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.

Several other institutional investors and hedge funds have also bought and sold shares of the business. The Manufacturers Life Insurance Company raised its holdings in shares of Vermilion Energy by 345.4% during the third quarter. The Manufacturers Life Insurance Company now owns 592,839 shares of the oil and gas company’s stock worth $5,790,000 after purchasing an additional 459,746 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new stake in Vermilion Energy during the 3rd quarter worth about $1,947,000. Verition Fund Management LLC purchased a new position in shares of Vermilion Energy during the 3rd quarter valued at about $555,000. Two Sigma Advisers LP lifted its holdings in shares of Vermilion Energy by 72.8% in the 3rd quarter. Two Sigma Advisers LP now owns 1,040,076 shares of the oil and gas company’s stock valued at $10,162,000 after buying an additional 438,200 shares during the period. Finally, Barclays PLC boosted its stake in shares of Vermilion Energy by 1,469.8% in the third quarter. Barclays PLC now owns 44,581 shares of the oil and gas company’s stock worth $435,000 after buying an additional 41,741 shares during the last quarter. 31.91% of the stock is currently owned by institutional investors and hedge funds.

Vermilion Energy Stock Up 2.7 %

Vermilion Energy stock opened at $9.26 on Wednesday. The business’s 50-day moving average price is $9.66 and its 200 day moving average price is $9.82. The company has a quick ratio of 1.19, a current ratio of 1.25 and a debt-to-equity ratio of 0.36. Vermilion Energy Inc. has a 52 week low of $8.22 and a 52 week high of $12.79.

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.