Geode Capital Management LLC Purchases 245,922 Shares of Ventas, Inc. (NYSE:VTR)

Geode Capital Management LLC increased its holdings in Ventas, Inc. (NYSE:VTR - Free Report) by 2.4% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 10,411,293 shares of the real estate investment trust's stock after buying an additional 245,922 shares during the period. Geode Capital Management LLC owned 2.48% of Ventas worth $665,559,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Signaturefd LLC boosted its position in shares of Ventas by 2.1% during the 3rd quarter. Signaturefd LLC now owns 8,120 shares of the real estate investment trust's stock valued at $521,000 after acquiring an additional 165 shares during the last quarter. Profund Advisors LLC raised its stake in Ventas by 3.3% in the second quarter. Profund Advisors LLC now owns 6,270 shares of the real estate investment trust's stock valued at $321,000 after purchasing an additional 199 shares in the last quarter. Bleakley Financial Group LLC grew its stake in Ventas by 3.7% in the 3rd quarter. Bleakley Financial Group LLC now owns 5,639 shares of the real estate investment trust's stock worth $362,000 after buying an additional 203 shares in the last quarter. V Square Quantitative Management LLC increased its holdings in shares of Ventas by 3.9% in the 3rd quarter. V Square Quantitative Management LLC now owns 5,832 shares of the real estate investment trust's stock worth $374,000 after buying an additional 217 shares during the last quarter. Finally, Roman Butler Fullerton & Co. raised its position in shares of Ventas by 4.5% during the 3rd quarter. Roman Butler Fullerton & Co. now owns 5,434 shares of the real estate investment trust's stock valued at $349,000 after buying an additional 232 shares in the last quarter. Institutional investors own 94.18% of the company's stock.

Insider Buying and Selling at Ventas

In other Ventas news, CEO Debra A. Cafaro sold 121,248 shares of the business's stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $66.17, for a total transaction of $8,022,980.16. Following the transaction, the chief executive officer now directly owns 986,717 shares of the company's stock, valued at approximately $65,291,063.89. The trade was a 10.94 % 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. Corporate insiders own 1.00% of the company's stock.

Ventas Trading Down 1.1 %

Shares of Ventas stock traded down $0.68 on Thursday, hitting $60.04. The stock had a trading volume of 1,699,571 shares, compared to its average volume of 2,406,490. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.39. Ventas, Inc. has a one year low of $41.45 and a one year high of $67.61. The stock's 50-day simple moving average is $63.81 and its two-hundred day simple moving average is $58.82. The stock has a market cap of $25.19 billion, a price-to-earnings ratio of -357.18, a PEG ratio of 2.86 and a beta of 1.36.

Ventas Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 16th. Shareholders of record on Tuesday, December 31st will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 3.00%. The ex-dividend date is Tuesday, December 31st. Ventas's dividend payout ratio (DPR) is presently -1,058.82%.

Analysts Set New Price Targets

VTR has been the subject of several research reports. Wells Fargo & Company upgraded shares of Ventas from an "equal weight" rating to an "overweight" rating and upped their target price for the stock from $61.00 to $71.00 in a research report on Tuesday, October 1st. Wedbush reissued an "outperform" rating and set a $75.00 price objective on shares of Ventas in a report on Tuesday, December 3rd. Scotiabank boosted their target price on Ventas from $59.00 to $65.00 and gave the stock a "sector perform" rating in a research report on Friday, October 11th. Evercore ISI increased their price target on shares of Ventas from $64.00 to $70.00 and gave the company an "outperform" rating in a research report on Monday, September 16th. Finally, Mizuho lowered their price objective on shares of Ventas from $71.00 to $68.00 and set an "outperform" rating for the company in a report on Thursday, December 5th. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $65.63.

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.