ORG Wealth Partners LLC Purchases 31,497 Shares of Venture Global, Inc. $VG

ORG Wealth Partners LLC lifted its position in Venture Global, Inc. (NYSE:VGFree Report) by 38.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 113,137 shares of the company’s stock after purchasing an additional 31,497 shares during the quarter. ORG Wealth Partners LLC’s holdings in Venture Global were worth $772,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of VG. Redhawk Wealth Advisors Inc. boosted its stake in Venture Global by 116.9% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 55,034 shares of the company’s stock worth $375,000 after buying an additional 29,658 shares in the last quarter. Fort Washington Investment Advisors Inc. OH bought a new stake in Venture Global in the fourth quarter worth $1,261,000. Viking Fund Management LLC lifted its stake in Venture Global by 7.1% in the fourth quarter. Viking Fund Management LLC now owns 150,000 shares of the company’s stock worth $1,023,000 after purchasing an additional 10,000 shares during the last quarter. Atlas Brown Inc. boosted its position in Venture Global by 290.9% during the fourth quarter. Atlas Brown Inc. now owns 43,000 shares of the company’s stock valued at $293,000 after buying an additional 32,000 shares during the period. Finally, SG Americas Securities LLC grew its stake in shares of Venture Global by 828.3% during the fourth quarter. SG Americas Securities LLC now owns 122,825 shares of the company’s stock valued at $838,000 after buying an additional 109,594 shares during the last quarter.

Insider Buying and Selling at Venture Global

In other Venture Global news, CAO Sarah Blake sold 200,000 shares of the company’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $16.00, for a total value of $3,200,000.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, VP Fory Musser sold 1,000,000 shares of the business’s 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 SEC filing for this sale provides additional information. Insiders have sold a total of 5,872,223 shares of company stock worth $82,002,870 in the last ninety days. 86.73% of the stock is owned by company insiders.

Key Stories Impacting Venture Global

Here are the key news stories impacting Venture Global this week:

Analyst Upgrades and Downgrades

VG has been the topic of several analyst reports. Weiss Ratings upgraded Venture Global from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, March 18th. Citigroup raised their price target on shares of Venture Global from $9.00 to $12.00 and gave the stock a “neutral” rating in a report on Wednesday, March 4th. US Capital Advisors upgraded shares of Venture Global to a “moderate sell” rating in a research report on Monday, December 15th. Zacks Research raised shares of Venture Global from a “strong sell” rating to a “hold” rating in a research note on Friday, February 13th. Finally, UBS Group increased their target price on shares of Venture Global from $19.00 to $21.00 and gave the stock a “buy” rating in a report on Wednesday, March 25th. Eight analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $15.70.

Check Out Our Latest Stock Report on Venture Global

Venture Global Price Performance

VG stock opened at $17.51 on Monday. The firm has a 50-day moving average of $11.14 and a 200 day moving average of $9.80. The company has a debt-to-equity ratio of 3.24, a current ratio of 0.93 and a quick ratio of 0.87. The company has a market cap of $43.01 billion, a P/E ratio of 20.35, a PEG ratio of 1.54 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.

Venture Global (NYSE:VGGet Free Report) last posted its earnings results on Monday, March 2nd. The company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.06. Venture Global had a return on equity of 27.96% and a net margin of 18.38%.The firm had revenue of $4.45 billion for the quarter. The company’s revenue for the quarter was up 191.7% on a year-over-year basis. On average, sell-side analysts forecast that Venture Global, Inc. will post 0.52 EPS for the current year.

Venture Global Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be paid a $0.018 dividend. This represents a $0.07 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Monday, March 16th. This is a positive change from Venture Global’s previous quarterly dividend of $0.02. Venture Global’s dividend payout ratio (DPR) is 8.14%.

Venture Global Company Profile

(Free Report)

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.

Featured Stories

Institutional Ownership by Quarter for Venture Global (NYSE:VG)

Receive News & Ratings for Venture Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Venture Global and related companies with MarketBeat.com's FREE daily email newsletter.