Duff & Phelps Investment Management Co. cut its position in Ventas, Inc. (NYSE:VTR - Free Report) by 7.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,846,556 shares of the real estate investment trust's stock after selling 217,969 shares during the quarter. Ventas accounts for 2.1% of Duff & Phelps Investment Management Co.'s portfolio, making the stock its 10th largest position. Duff & Phelps Investment Management Co. owned 0.68% of Ventas worth $182,550,000 at the end of the most recent quarter.
A number of other large investors have also added to or reduced their stakes in VTR. ORG Partners LLC bought a new stake in shares of Ventas in the second quarter worth $27,000. EdgeRock Capital LLC acquired a new stake in shares of Ventas in the 2nd quarter valued at about $41,000. Global X Japan Co. Ltd. acquired a new position in Ventas in the third quarter worth about $48,000. Friedenthal Financial bought a new position in Ventas during the 2nd quarter worth approximately $51,000. Finally, Morse Asset Management Inc acquired a new position in shares of Ventas in the 3rd quarter worth approximately $64,000. 94.18% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
VTR has been the topic of several research reports. Wedbush reissued an "outperform" rating and set a $75.00 price target on shares of Ventas in a research report on Tuesday, December 3rd. Evercore ISI increased their target price on shares of Ventas from $64.00 to $70.00 and gave the stock an "outperform" rating in a report on Monday, September 16th. Mizuho decreased their price target on shares of Ventas from $71.00 to $68.00 and set an "outperform" rating for the company in a report on Thursday. StockNews.com raised shares of Ventas from a "sell" rating to a "hold" rating in a research report on Friday, November 1st. Finally, Scotiabank raised their target price on shares of Ventas from $59.00 to $65.00 and gave the stock a "sector perform" rating in a report on Friday, October 11th. Two investment 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's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $65.63.
Get Our Latest Report on Ventas
Insider Buying and Selling at Ventas
In related news, CEO Peter J. Bulgarelli sold 6,000 shares of the firm's stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $64.99, for a total transaction of $389,940.00. Following the transaction, the chief executive officer now owns 90,795 shares in the company, valued at $5,900,767.05. This trade represents a 6.20 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Debra A. Cafaro sold 121,248 shares of the business's stock in a transaction dated 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 sale, the chief executive officer now owns 986,717 shares in the company, valued at approximately $65,291,063.89. This trade represents a 10.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 133,252 shares of company stock valued at $8,809,845 in the last quarter. Corporate insiders own 1.00% of the company's stock.
Ventas Price Performance
Shares of NYSE:VTR traded down $0.59 during trading hours on Monday, hitting $61.06. The stock had a trading volume of 2,750,070 shares, compared to its average volume of 2,410,748. The stock's fifty day simple moving average is $63.98 and its 200 day simple moving average is $58.61. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.04 and a quick ratio of 1.04. Ventas, Inc. has a 1-year low of $41.45 and a 1-year high of $67.61.
Ventas Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Investors of record on Tuesday, October 1st were given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 2.95%. The ex-dividend date of this dividend was Tuesday, October 1st. Ventas's dividend payout ratio is currently -1,058.76%.
About Ventas
(
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.
Further Reading
Before you consider Ventas, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ventas wasn't on the list.
While Ventas currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.