960,700 Shares in Venture Global, Inc. $VG Acquired by WINTON GROUP Ltd

WINTON GROUP Ltd bought a new position in Venture Global, Inc. (NYSE:VG) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 960,700 shares of the company’s stock, valued at approximately $13,632,000.

Several other large investors have also recently bought and sold shares of the company. Quotient Wealth Partners LLC purchased a new stake in shares of Venture Global in the third quarter worth $3,641,000. Russell Investments Group Ltd. increased its stake in Venture Global by 61.1% in the 2nd quarter. Russell Investments Group Ltd. now owns 616,643 shares of the company’s stock worth $9,607,000 after acquiring an additional 233,978 shares during the last quarter. Ausbil Investment Management Ltd bought a new position in Venture Global in the 3rd quarter worth about $4,706,000. Exchange Traded Concepts LLC raised its holdings in shares of Venture Global by 223.7% in the 3rd quarter. Exchange Traded Concepts LLC now owns 562,760 shares of the company’s stock valued at $7,986,000 after acquiring an additional 388,892 shares in the last quarter. Finally, CenterBook Partners LP purchased a new stake in shares of Venture Global in the 3rd quarter valued at about $2,837,000.

Analyst Ratings Changes

VG has been the subject of several recent analyst reports. Citigroup boosted their price objective on Venture Global from $9.00 to $12.00 and gave the stock a “neutral” rating in a report on Wednesday, March 4th. UBS Group dropped their target price on shares of Venture Global from $18.00 to $16.00 and set a “buy” rating for the company in a research report on Thursday, January 22nd. Wells Fargo & Company boosted their price target on shares of Venture Global from $8.00 to $10.00 and gave the stock an “equal weight” rating in a research note on Thursday. Bank of America decreased their price target on shares of Venture Global from $15.00 to $11.00 and set a “buy” rating on the stock in a report on Thursday, December 11th. Finally, Morgan Stanley started coverage on shares of Venture Global in a research report on Tuesday, February 24th. They set an “underweight” rating and a $8.00 price objective on the stock. Eight equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $13.34.

Insider Transactions at Venture Global

In other Venture Global news, VP Fory Musser sold 1,000,000 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $10.90, for a total transaction of $10,900,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 86.73% of the stock is currently owned by insiders.

Venture Global Stock Performance

Shares of NYSE VG opened at $12.48 on Monday. The stock’s 50-day moving average is $9.05 and its 200 day moving average is $9.66. The stock has a market cap of $30.55 billion, a price-to-earnings ratio of 14.51 and a beta of 5.70. Venture Global, Inc. has a 1-year low of $5.72 and a 1-year high of $19.50. The company has a current ratio of 0.93, a quick ratio of 0.87 and a debt-to-equity ratio of 3.24.

Venture Global (NYSE:VG) last issued its earnings results on Monday, March 2nd. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.06. The business had revenue of $4.45 billion during the quarter. Venture Global had a return on equity of 27.96% and a net margin of 18.38%.The firm’s quarterly revenue was up 191.7% compared to the same quarter last year. On average, sell-side analysts anticipate that Venture Global, Inc. will post 0.52 EPS for the current fiscal year.

Venture Global Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be paid a $0.018 dividend. This is a boost from Venture Global’s previous quarterly dividend of $0.02. This represents a $0.07 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Monday, March 16th. Venture Global’s payout ratio is presently 8.14%.

Venture Global Company Profile

Venture Global (NYSE: VG) is a Houston-based energy company that develops, constructs and operates large-scale liquefied natural gas (LNG) export facilities in the United States. The company focuses on converting domestically produced natural gas into LNG for shipment to international markets, positioning itself as a supplier of pipeline-quality gas in vessel-ready form for global customers.

Venture Global’s core activities include site development, engineering and construction of liquefaction and export terminals, commissioning and ongoing operations of those facilities, and commercial marketing of LNG under both long-term and short-term contracts.