Clough Capital Partners L P Makes New Investment in Venture Global, Inc. $VG

Key Points

• Clough Capital Partners L P invested approximately $1.33 million in Venture Global, acquiring 129,347 shares during the first quarter.
• Wall Street analysts have given a mostly positive rating for Venture Global, with nine analysts rating it as a Buy and a consensus target price of $17.00.
• Venture Global has seen notable stock performance, with a current trading price of $12.83, a 52-week high of $25.50, and a low of $6.75, reflecting its market volatility.

Clough Capital Partners L P purchased a new position in shares of Venture Global, Inc. (NYSE:VG - Free Report) in the first quarter, according to its most recent filing with the SEC. The firm purchased 129,347 shares of the company's stock, valued at approximately $1,332,000.

Other large investors have also recently bought and sold shares of the company. Center for Financial Planning Inc. acquired a new stake in Venture Global during the 1st quarter worth about $37,000. ORG Wealth Partners LLC bought a new position in Venture Global in the 1st quarter valued at about $60,000. Federated Hermes Inc. bought a new position in Venture Global in the 1st quarter valued at about $74,000. PEAK6 LLC bought a new position in shares of Venture Global during the 1st quarter worth approximately $114,000. Finally, Stephens Inc. AR bought a new position in shares of Venture Global during the 1st quarter worth approximately $114,000.

Venture Global Price Performance

Shares of VG remained flat at $13.00 during mid-day trading on Tuesday. 5,296,798 shares of the stock were exchanged, compared to its average volume of 7,124,926. Venture Global, Inc. has a 12-month low of $6.75 and a 12-month high of $25.50. The company has a debt-to-equity ratio of 3.38, a current ratio of 1.39 and a quick ratio of 1.33. The business has a 50-day simple moving average of $14.64 and a two-hundred day simple moving average of $12.65.

Analyst Upgrades and Downgrades

Several equities analysts have commented on VG shares. Deutsche Bank Aktiengesellschaft raised shares of Venture Global from a "hold" rating to a "buy" rating and set a $17.00 target price on the stock in a research report on Thursday, August 28th. UBS Group upgraded shares of Venture Global from a "neutral" rating to a "buy" rating and set a $18.00 price target for the company in a research note on Monday, August 25th. Royal Bank Of Canada decreased their price target on shares of Venture Global from $15.00 to $14.00 and set an "outperform" rating for the company in a research note on Monday, May 5th. JPMorgan Chase & Co. raised their price target on shares of Venture Global from $15.00 to $17.00 and gave the stock an "overweight" rating in a research note on Thursday, July 24th. Finally, Wall Street Zen upgraded shares of Venture Global from a "sell" rating to a "hold" rating in a research note on Saturday, June 28th. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $17.00.

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.