Ventas, Inc. (NYSE:VTR) Holdings Increased by CANADA LIFE ASSURANCE Co

CANADA LIFE ASSURANCE Co lifted its position in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 11.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 951,076 shares of the real estate investment trust's stock after acquiring an additional 95,717 shares during the quarter. CANADA LIFE ASSURANCE Co owned 0.23% of Ventas worth $55,987,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. ST Germain D J Co. Inc. purchased a new stake in shares of Ventas in the 4th quarter worth about $27,000. Harbor Capital Advisors Inc. lifted its holdings in shares of Ventas by 66.2% in the fourth quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust's stock valued at $31,000 after purchasing an additional 210 shares in the last quarter. Promus Capital LLC acquired a new stake in shares of Ventas in the fourth quarter valued at approximately $38,000. New Wave Wealth Advisors LLC purchased a new position in shares of Ventas during the 4th quarter worth approximately $41,000. Finally, SRS Capital Advisors Inc. raised its position in shares of Ventas by 1,039.4% during the 4th quarter. SRS Capital Advisors Inc. now owns 809 shares of the real estate investment trust's stock worth $48,000 after purchasing an additional 738 shares during the last quarter. 94.18% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Ventas

In other news, CEO Debra A. Cafaro sold 388 shares of the company's stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $71.00, for a total transaction of $27,548.00. Following the completion of the transaction, the chief executive officer now directly owns 1,128,143 shares of the company's stock, valued at approximately $80,098,153. This represents a 0.03 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Gregory R. Liebbe sold 3,866 shares of the firm's stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $63.00, for a total value of $243,558.00. Following the completion of the sale, the chief accounting officer now owns 11,371 shares in the company, valued at $716,373. The trade was a 25.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 304,778 shares of company stock worth $20,934,891 over the last quarter. 1.00% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Mizuho raised their price target on Ventas from $68.00 to $75.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 18th. Morgan Stanley boosted their target price on shares of Ventas from $65.00 to $70.00 and gave the company an "equal weight" rating in a research note on Tuesday, March 11th. Argus set a $75.00 price target on shares of Ventas in a research note on Friday, March 7th. Robert W. Baird raised shares of Ventas from a "neutral" rating to an "outperform" rating and cut their price objective for the company from $66.00 to $65.00 in a research report on Friday, January 17th. Finally, Baird R W raised Ventas from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 17th. Four investment analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $72.90.

Ventas Trading Down 0.3 %

Shares of Ventas stock traded down $0.23 during trading hours on Wednesday, hitting $68.06. The company's stock had a trading volume of 605,782 shares, compared to its average volume of 2,671,401. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.25. Ventas, Inc. has a 1-year low of $42.88 and a 1-year high of $71.36. The company has a market capitalization of $29.79 billion, a PE ratio of 358.23, a P/E/G ratio of 2.59 and a beta of 1.02. The business has a fifty day moving average of $67.43 and a 200 day moving average of $63.66.

Ventas (NYSE:VTR - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.83. Ventas had a net margin of 1.65% and a return on equity of 0.82%. As a group, equities analysts forecast that Ventas, Inc. will post 3.4 EPS for the current year.

Ventas Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 31st were given a $0.48 dividend. The ex-dividend date was Monday, March 31st. This represents a $1.92 annualized dividend and a dividend yield of 2.82%. This is an increase from Ventas's previous quarterly dividend of $0.45. Ventas's payout ratio is presently 1,010.53%.

Ventas Company 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.