20,000 Shares in Venture Global, Inc. $VG Purchased by Benjamin Edwards Inc.

Key Points

• Benjamin Edwards Inc. purchased 20,000 shares of Venture Global, Inc. (NYSE:VG), valued at approximately $206,000, as revealed in their latest SEC filing.
• Several notable institutional investors, including Allianz Asset Management and Vanguard Group Inc., also acquired significant stakes in Venture Global during the first quarter of the year.
• Venture Global's stock ratings vary, with seven analysts giving it a "Moderate Buy" consensus and an average price target of $17.00.

Benjamin Edwards Inc. bought a new stake in shares of Venture Global, Inc. (NYSE:VG - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 20,000 shares of the company's stock, valued at approximately $206,000.

Several other institutional investors and hedge funds also recently bought and sold shares of VG. Center for Financial Planning Inc. purchased a new position in Venture Global during the first quarter valued at $37,000. ORG Wealth Partners LLC purchased a new position in Venture Global during the first quarter valued at $60,000. Federated Hermes Inc. purchased a new position in Venture Global during the first quarter valued at $74,000. Defined Wealth Management LLC purchased a new position in Venture Global during the first quarter valued at $114,000. Finally, Summit Trail Advisors LLC purchased a new position in Venture Global during the first quarter valued at $114,000.

Venture Global Stock Up 1.8%

Shares of NYSE:VG traded up $0.22 during mid-day trading on Thursday, reaching $12.78. The stock had a trading volume of 4,668,223 shares, compared to its average volume of 7,006,032. The company has a debt-to-equity ratio of 3.38, a current ratio of 1.39 and a quick ratio of 1.33. Venture Global, Inc. has a 1 year low of $6.75 and a 1 year high of $25.50. The business's 50 day moving average price is $15.32 and its 200 day moving average price is $12.92.

Venture Global Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Tuesday, June 10th were given a $0.0165 dividend. This represents a $0.07 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Tuesday, June 10th.

Analyst Ratings Changes

Several equities analysts have recently commented on VG shares. JPMorgan Chase & Co. boosted their price objective on Venture Global from $15.00 to $17.00 and gave the company an "overweight" rating in a research report on Thursday, July 24th. Johnson Rice started coverage on Venture Global in a research report on Tuesday, June 17th. They issued a "buy" rating and a $20.00 price objective on the stock. Wells Fargo & Company boosted their price objective on Venture Global from $12.00 to $14.00 and gave the company an "equal weight" rating in a research report on Thursday, August 14th. Royal Bank Of Canada lowered their price objective on Venture Global from $15.00 to $14.00 and set an "outperform" rating on the stock in a research report on Monday, May 5th. Finally, UBS Group downgraded Venture Global from a "buy" rating to a "neutral" rating and boosted their price objective for the company from $14.00 to $18.00 in a research report on Thursday, June 12th. Seven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $17.00.

Venture Global Profile

Venture Global has fundamentally reshaped the development and construction of liquefied natural gas production, establishing us as a rapidly growing company delivering critical LNG to the world. Our innovative and disruptive approach, which is both scalable and repeatable, allows us to bring LNG to a global market years faster and at a lower cost.