20,000 Shares in Venture Global, Inc. $VG Acquired 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. purchased a new position in Venture Global, Inc. (NYSE:VG - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 20,000 shares of the company's stock, valued at approximately $206,000.

Other hedge funds also recently bought and sold shares of the company. Center for Financial Planning Inc. bought a new position in Venture Global during the 1st quarter valued at about $37,000. ORG Wealth Partners LLC purchased a new position in shares of Venture Global in the 1st quarter worth approximately $60,000. Federated Hermes Inc. purchased a new stake in Venture Global in the first quarter valued at about $74,000. Defined Wealth Management LLC purchased a new position in shares of Venture Global in the first quarter worth $114,000. Finally, Summit Trail Advisors LLC acquired a new stake in Venture Global during the 1st quarter valued at approximately $114,000.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on VG shares. Bank of America boosted their price objective on Venture Global from $12.00 to $18.50 and gave the company a "buy" rating in a research report on Wednesday, June 25th. Deutsche Bank Aktiengesellschaft cut shares of Venture Global from a "buy" rating to a "hold" rating and set a $17.00 price target for the company. in a report on Monday, July 14th. Wall Street Zen raised Venture Global from a "sell" rating to a "hold" rating in a report on Saturday, June 28th. UBS Group downgraded Venture Global from a "buy" rating to a "neutral" rating and boosted their target price for the stock from $14.00 to $18.00 in a research report on Thursday, June 12th. Finally, Johnson Rice assumed coverage on Venture Global in a research report on Tuesday, June 17th. They set a "buy" rating and a $20.00 price objective for the company. Seven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $17.00.

Venture Global Stock Up 0.9%

Shares of VG stock traded up $0.11 during trading on Wednesday, reaching $12.36. The company had a trading volume of 1,945,024 shares, compared to its average volume of 7,169,844. Venture Global, Inc. has a one year low of $6.75 and a one year high of $25.50. The firm's 50 day simple moving average is $15.48 and its two-hundred day simple moving average is $12.98. The company has a quick ratio of 1.33, a current ratio of 1.39 and a debt-to-equity ratio of 3.38.

Venture Global Announces Dividend

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

Venture Global Company 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.