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

WINTON GROUP Ltd purchased a new position in Venture Global, Inc. (NYSE:VG) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 960,700 shares of the company’s stock, valued at approximately $13,632,000.

Other institutional investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Venture Global during the second quarter valued at approximately $26,000. MAI Capital Management purchased a new position in shares of Venture Global in the third quarter worth $29,000. Delos Wealth Advisors LLC bought a new stake in Venture Global during the 2nd quarter valued at $45,000. UMB Bank n.a. boosted its position in Venture Global by 161.2% during the 3rd quarter. UMB Bank n.a. now owns 2,949 shares of the company’s stock valued at $42,000 after buying an additional 1,820 shares during the period. Finally, Allworth Financial LP purchased a new stake in Venture Global during the 2nd quarter valued at $63,000.

Analysts Set New Price Targets

A number of equities analysts have issued reports on VG shares. UBS Group decreased their price objective on shares of Venture Global from $18.00 to $16.00 and set a “buy” rating on the stock in a research report on Thursday, January 22nd. Scotiabank set a $9.00 target price on Venture Global in a research note on Friday, January 16th. Weiss Ratings restated a “sell (d+)” rating on shares of Venture Global in a report on Monday, December 29th. JPMorgan Chase & Co. lowered Venture Global from an “overweight” rating to a “neutral” rating and upped their price target for the company from $10.00 to $11.00 in a research report on Tuesday, January 27th. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $13.00 price objective on shares of Venture Global in a research report on Thursday. Eight analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Venture Global has an average rating of “Hold” and an average target price of $13.34.

Insider Buying and Selling at Venture Global

In other news, VP Fory Musser sold 1,000,000 shares of the stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $10.90, for a total value of $10,900,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 86.73% of the company’s stock.

Venture Global Trading Up 1.6%

NYSE:VG opened at $12.48 on Monday. The company has a 50-day moving average price of $9.05 and a 200-day moving average price of $9.66. Venture Global, Inc. has a 12 month low of $5.72 and a 12 month 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. 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 (NYSE:VG) last announced its earnings results on Monday, March 2nd. The company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.06. Venture Global had a net margin of 18.38% and a return on equity of 27.96%. The firm had revenue of $4.45 billion for the quarter. The firm’s revenue for the quarter was up 191.7% on a year-over-year basis. Equities analysts predict that Venture Global, Inc. will post 0.52 EPS for the current year.

Venture Global Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be given a dividend of $0.018 per share. This represents a $0.07 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Monday, March 16th. This is a positive change from Venture Global’s previous quarterly dividend of $0.02. 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.