180,054 Shares in Venture Global, Inc. $VG Acquired by Gunderson Capital Management LLC

Gunderson Capital Management LLC purchased a new position in Venture Global, Inc. (NYSE:VG) in the first quarter, HoldingsChannel.com reports. The firm purchased 180,054 shares of the company’s stock, valued at approximately $2,838,000.

Other large investors also recently bought and sold shares of the company. Blue Trust Inc. raised its stake in shares of Venture Global by 1,750.0% during the fourth quarter. Blue Trust Inc. now owns 3,700 shares of the company’s stock valued at $25,000 after purchasing an additional 3,500 shares during the period. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Venture Global in the second quarter valued at $26,000. MAI Capital Management acquired a new stake in Venture Global during the 3rd quarter valued at $29,000. Harbour Investments Inc. purchased a new stake in Venture Global during the 4th quarter worth $29,000. Finally, Rockefeller Capital Management L.P. increased its stake in Venture Global by 218.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 4,421 shares of the company’s stock worth $30,000 after buying an additional 3,031 shares during the period.

Insider Activity at Venture Global

In other Venture Global news, VP Fory Musser sold 2,000,000 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $13.09, for a total transaction of $26,180,000.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Thomas Earl sold 1,000,000 shares of the stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $12.44, for a total value of $12,440,000.00. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 4,570,511 shares of company stock worth $59,690,394. 84.24% of the stock is currently owned by company insiders.

Venture Global Trading Up 0.7%

VG opened at $10.91 on Friday. The stock has a market capitalization of $27.11 billion, a PE ratio of 12.12, a P/E/G ratio of 0.48 and a beta of 0.27. The firm’s fifty day moving average price is $12.43 and its 200 day moving average price is $10.99. The company has a debt-to-equity ratio of 3.40, a current ratio of 0.87 and a quick ratio of 0.80. Venture Global, Inc. has a 12-month low of $5.72 and a 12-month high of $18.18.

Venture Global (NYSE:VG) last posted its quarterly earnings data on Monday, May 11th. The company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.07. The firm had revenue of $4.60 billion for the quarter. Venture Global had a net margin of 16.94% and a return on equity of 26.90%. The company’s revenue for the quarter was up 58.9% on a year-over-year basis. As a group, research analysts expect that Venture Global, Inc. will post 1.44 EPS for the current fiscal year.

Venture Global Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.018 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $0.07 annualized dividend and a dividend yield of 0.7%. Venture Global’s dividend payout ratio (DPR) is presently 7.78%.

Wall Street Analyst Weigh In

VG has been the subject of a number of analyst reports. Wall Street Zen raised shares of Venture Global from a “sell” rating to a “hold” rating in a research report on Sunday, March 22nd. Weiss Ratings raised Venture Global from a “sell (d+)” rating to a “hold (c)” rating in a research report on Friday, May 8th. Raymond James Financial reiterated an “outperform” rating and issued a $16.00 price target on shares of Venture Global in a research note on Wednesday, May 20th. Scotiabank increased their price target on Venture Global from $13.00 to $15.00 and gave the company a “sector perform” rating in a report on Wednesday, May 13th. Finally, Sanford C. Bernstein began coverage on Venture Global in a research note on Tuesday, June 16th. They set a “market perform” rating and a $14.00 price objective for the company. Nine investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, Venture Global currently has a consensus rating of “Moderate Buy” and an average price target of $15.94.

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.