Ascent Wealth Partners LLC acquired a new stake in Ventas, Inc. (NYSE:VTR - Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 17,885 shares of the real estate investment trust's stock, valued at approximately $1,147,000.
Several other hedge funds also recently bought and sold shares of the company. Signaturefd LLC increased its stake in Ventas by 2.1% in the 3rd quarter. Signaturefd LLC now owns 8,120 shares of the real estate investment trust's stock worth $521,000 after acquiring an additional 165 shares during the last quarter. Profund Advisors LLC increased its position in shares of Ventas by 3.3% in the second quarter. Profund Advisors LLC now owns 6,270 shares of the real estate investment trust's stock worth $321,000 after purchasing an additional 199 shares during the last quarter. Bleakley Financial Group LLC raised its stake in Ventas by 3.7% in the third quarter. Bleakley Financial Group LLC now owns 5,639 shares of the real estate investment trust's stock valued at $362,000 after purchasing an additional 203 shares in the last quarter. V Square Quantitative Management LLC lifted its position in Ventas by 3.9% during the third quarter. V Square Quantitative Management LLC now owns 5,832 shares of the real estate investment trust's stock valued at $374,000 after purchasing an additional 217 shares during the last quarter. Finally, Roman Butler Fullerton & Co. lifted its position in Ventas by 4.5% during the third quarter. Roman Butler Fullerton & Co. now owns 5,434 shares of the real estate investment trust's stock valued at $349,000 after purchasing an additional 232 shares during the last quarter. Hedge funds and other institutional investors own 94.18% of the company's stock.
Insiders Place Their Bets
In related news, CEO Debra A. Cafaro sold 6,827 shares of the business's stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $63.20, for a total transaction of $431,466.40. Following the transaction, the chief executive officer now owns 986,717 shares in the company, valued at $62,360,514.40. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Ventas news, CEO Debra A. Cafaro sold 6,827 shares of the business's stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $63.20, for a total transaction of $431,466.40. Following the transaction, the chief executive officer now directly owns 986,717 shares of the company's stock, valued at approximately $62,360,514.40. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Debra A. Cafaro sold 121,248 shares of the company's stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $66.17, for a total transaction of $8,022,980.16. Following the completion of the transaction, the chief executive officer now owns 986,717 shares of the company's stock, valued at $65,291,063.89. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 140,454 shares of company stock valued at $9,263,815 in the last quarter. Insiders own 1.00% of the company's stock.
Ventas Trading Up 1.9 %
Ventas stock traded up $1.23 during trading hours on Thursday, reaching $64.45. The company had a trading volume of 2,756,289 shares, compared to its average volume of 2,399,363. The firm has a market cap of $27.03 billion, a price-to-earnings ratio of -380.27, a P/E/G ratio of 2.86 and a beta of 1.36. Ventas, Inc. has a 12-month low of $41.45 and a 12-month high of $67.61. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.04 and a quick ratio of 1.04. The company has a 50-day moving average price of $63.91 and a 200 day moving average price of $55.86.
Ventas Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.80 annualized dividend and a yield of 2.79%. Ventas's payout ratio is currently -1,058.76%.
Analyst Ratings Changes
A number of equities analysts have recently commented on the stock. StockNews.com raised shares of Ventas from a "sell" rating to a "hold" rating in a report on Friday, November 1st. Wells Fargo & Company upgraded Ventas from an "equal weight" rating to an "overweight" rating and raised their price target for the company from $61.00 to $71.00 in a research report on Tuesday, October 1st. Wolfe Research upgraded Ventas to a "strong-buy" rating in a report on Friday, August 9th. Royal Bank of Canada raised their price objective on Ventas from $52.00 to $63.00 and gave the company an "outperform" rating in a report on Friday, August 9th. Finally, Wedbush boosted their target price on Ventas from $64.00 to $71.00 and gave the stock an "outperform" rating in a research report on Tuesday, September 10th. Two analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $63.63.
Check Out Our Latest Analysis on Ventas
Ventas Profile
(
Free Report)
Ventas Inc NYSE: VTR is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company's growth is fueled by its senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments.
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