Stock Traders Purchase High Volume of Venture Global Call Options (NYSE:VG)

Venture Global, Inc. (NYSE:VG) saw unusually large options trading on Tuesday. Stock investors acquired 15,347 call options on the company. This is an increase of 220% compared to the average volume of 4,789 call options.

Analyst Ratings Changes

VG has been the topic of several research reports. Sanford C. Bernstein initiated coverage on shares of Venture Global in a report on Tuesday, February 4th. They set a “market perform” rating and a $20.00 price objective on the stock. Citigroup assumed coverage on shares of Venture Global in a report on Tuesday, February 18th. They issued a “neutral” rating and a $18.00 target price on the stock. Wells Fargo & Company initiated coverage on Venture Global in a research note on Tuesday, February 18th. They set an “equal weight” rating and a $18.00 price target for the company. Scotiabank initiated coverage on Venture Global in a research note on Tuesday, February 18th. They issued a “sector perform” rating and a $17.00 price objective for the company. Finally, Guggenheim began coverage on Venture Global in a report on Tuesday, February 18th. They issued a “buy” rating and a $27.00 target price on the stock. One investment analyst has rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $21.91.

Venture Global Trading Down 0.1 %

VG stock opened at $13.90 on Wednesday. Venture Global has a 1-year low of $13.28 and a 1-year high of $25.50.

Venture Global Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 10th will be issued a $0.0165 dividend. This represents a $0.07 dividend on an annualized basis and a dividend yield of 0.47%. The ex-dividend date of this dividend is Monday, March 10th.

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.