Assetmark Inc. Grows Holdings in Ventas, Inc. (NYSE:VTR)

Assetmark Inc. raised its stake in Ventas, Inc. (NYSE:VTR - Free Report) by 61.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 68,755 shares of the real estate investment trust's stock after buying an additional 26,133 shares during the quarter. Assetmark Inc.'s holdings in Ventas were worth $4,409,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Centersquare Investment Management LLC increased its stake in Ventas by 11.5% in the first quarter. Centersquare Investment Management LLC now owns 7,806,396 shares of the real estate investment trust's stock valued at $345,667,000 after purchasing an additional 802,546 shares during the last quarter. Intech Investment Management LLC purchased a new position in Ventas in the 1st quarter valued at $819,000. Zurich Insurance Group Ltd FI purchased a new position in Ventas in the 1st quarter valued at $11,749,000. BDF Gestion purchased a new position in Ventas in the 2nd quarter valued at $3,716,000. Finally, Friedenthal Financial boosted its position in shares of Ventas by 1,183.7% during the 3rd quarter. Friedenthal Financial now owns 12,773 shares of the real estate investment trust's stock worth $819,000 after purchasing an additional 11,778 shares in the last quarter. Institutional investors and hedge funds own 94.18% of the company's stock.

Ventas Stock Down 0.0 %

VTR stock traded down $0.03 during trading on Wednesday, hitting $64.45. The stock had a trading volume of 1,746,591 shares, compared to its average volume of 2,394,010. The company's 50 day moving average price is $64.13 and its two-hundred day moving average price is $56.55. Ventas, Inc. has a 1-year low of $41.45 and a 1-year high of $67.61. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.39.

Ventas Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Investors of record on Tuesday, October 1st were paid a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 2.79%. The ex-dividend date was Tuesday, October 1st. Ventas's payout ratio is -1,058.76%.

Insider Activity at Ventas

In other news, CEO Debra A. Cafaro sold 6,827 shares of the company's stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $63.20, for a total transaction of $431,466.40. Following the completion of the transaction, the chief executive officer now owns 986,717 shares of the company's stock, valued at $62,360,514.40. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other news, CEO Debra A. Cafaro sold 6,004 shares of the company's stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $66.11, for a total transaction of $396,924.44. Following the completion of the transaction, the chief executive officer now owns 986,717 shares of the company's stock, valued at $65,231,860.87. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, 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 value of $431,466.40. Following the sale, the chief executive officer now owns 986,717 shares of the company's stock, valued at $62,360,514.40. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 140,454 shares of company stock valued at $9,263,815. 1.00% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Evercore ISI boosted their target price on shares of Ventas from $64.00 to $70.00 and gave the stock an "outperform" rating in a research report on Monday, September 16th. Scotiabank boosted their target price on shares of Ventas from $59.00 to $65.00 and gave the stock a "sector perform" rating in a research report on Friday, October 11th. Wedbush boosted their target price on shares of Ventas from $64.00 to $71.00 and gave the stock an "outperform" rating in a research report on Tuesday, September 10th. StockNews.com upgraded shares of Ventas from a "sell" rating to a "hold" rating in a research report on Friday, November 1st. Finally, Wells Fargo & Company upgraded shares of Ventas from an "equal weight" rating to an "overweight" rating and boosted their price objective for the stock from $61.00 to $71.00 in a research report on Tuesday, October 1st. Two investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $63.63.

Ventas Profile

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.