Barclays PLC cut its stake in Ventas, Inc. (NYSE:VTR - Free Report) by 24.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 862,876 shares of the real estate investment trust's stock after selling 286,696 shares during the period. Barclays PLC owned approximately 0.21% of Ventas worth $55,338,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also recently made changes to their positions in VTR. ORG Partners LLC purchased a new position in Ventas during the second quarter worth about $27,000. EdgeRock Capital LLC acquired a new stake in shares of Ventas during the 2nd quarter worth approximately $41,000. Global X Japan Co. Ltd. purchased a new stake in shares of Ventas during the 3rd quarter valued at approximately $48,000. Morse Asset Management Inc acquired a new position in Ventas in the third quarter valued at approximately $64,000. Finally, Hanseatic Management Services Inc. purchased a new position in Ventas in the third quarter worth approximately $74,000. Institutional investors and hedge funds own 94.18% of the company's stock.
Ventas Stock Down 0.2 %
Shares of VTR stock traded down $0.13 during trading on Friday, reaching $59.91. The company's stock had a trading volume of 2,527,753 shares, compared to its average volume of 2,407,114. Ventas, Inc. has a 1-year low of $41.45 and a 1-year high of $67.61. The stock's 50-day moving average price is $63.76 and its 200 day moving average price is $58.83. The company has a market capitalization of $25.13 billion, a price-to-earnings ratio of -353.16, a P/E/G ratio of 2.82 and a beta of 1.36. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.04 and a quick ratio of 1.04.
Ventas Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.00%. The ex-dividend date of this dividend is Tuesday, December 31st. Ventas's dividend payout ratio is currently -1,058.76%.
Insider Activity
In other news, CEO Debra A. Cafaro sold 6,004 shares of the business's stock in a transaction dated Friday, October 25th. The stock was 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 directly owns 986,717 shares of the company's stock, valued at approximately $65,231,860.87. The trade was a 0.60 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 1.00% of the company's stock.
Analyst Upgrades and Downgrades
VTR has been the topic of a number of research analyst reports. StockNews.com upgraded Ventas from a "sell" rating to a "hold" rating in a research report on Friday, November 1st. Scotiabank upped their target price on shares of Ventas from $59.00 to $65.00 and gave the company a "sector perform" rating in a research report on Friday, October 11th. Wedbush reaffirmed an "outperform" rating and set a $75.00 target price on shares of Ventas in a research note on Tuesday, December 3rd. Mizuho reduced their price target on shares of Ventas from $71.00 to $68.00 and set an "outperform" rating on the stock in a research note on Thursday, December 5th. Finally, Wells Fargo & Company upgraded shares of Ventas from an "equal weight" rating to an "overweight" rating and upped their price objective for the stock from $61.00 to $71.00 in a report on Tuesday, October 1st. Two equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $65.63.
Get Our Latest Stock Report on VTR
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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