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ING Groep NV Sells 35,612 Shares of Ventas, Inc. (NYSE:VTR)

Ventas logo with Finance background

ING Groep NV lessened its position in Ventas, Inc. (NYSE:VTR - Free Report) by 11.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 269,355 shares of the real estate investment trust's stock after selling 35,612 shares during the quarter. ING Groep NV owned 0.06% of Ventas worth $17,274,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. First Community Trust NA bought a new position in Ventas in the second quarter valued at $25,000. ORG Partners LLC bought a new position in shares of Ventas during the second quarter valued at about $27,000. EdgeRock Capital LLC bought a new position in shares of Ventas during the second quarter valued at about $41,000. Global X Japan Co. Ltd. bought a new position in shares of Ventas during the third quarter valued at about $48,000. Finally, Friedenthal Financial bought a new position in shares of Ventas during the second quarter valued at about $51,000. Institutional investors own 94.18% of the company's stock.

Ventas Stock Performance

Ventas stock traded up $0.10 during midday trading on Friday, reaching $63.60. 3,191,042 shares of the company traded hands, compared to its average volume of 2,409,642. The firm has a market capitalization of $26.67 billion, a price-to-earnings ratio of -372.63, a price-to-earnings-growth ratio of 2.98 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. The business has a 50 day moving average of $64.19 and a two-hundred day moving average of $56.65. Ventas, Inc. has a 12 month low of $41.45 and a 12 month high of $67.61.

Ventas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 17th. Investors of record on Tuesday, October 1st were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.83%. The ex-dividend date was Tuesday, October 1st. Ventas's payout ratio is -1,058.76%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on VTR. Scotiabank raised their price objective on Ventas from $59.00 to $65.00 and gave the company a "sector perform" rating in a research note on Friday, October 11th. StockNews.com raised Ventas from a "sell" rating to a "hold" rating in a research note on Friday, November 1st. Wolfe Research raised Ventas to a "strong-buy" rating in a research note on Friday, August 9th. Evercore ISI raised their target price on Ventas from $64.00 to $70.00 and gave the stock an "outperform" rating in a research note on Monday, September 16th. Finally, Wedbush raised their target price on Ventas from $64.00 to $71.00 and gave the stock an "outperform" rating in a research note on Tuesday, September 10th. 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 company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $63.63.

Get Our Latest Research Report on Ventas

Insider Buying and Selling at Ventas

In other news, CEO Debra A. Cafaro sold 6,827 shares of the firm's stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $63.20, for a total transaction of $431,466.40. Following the sale, the chief executive officer now directly owns 986,717 shares in the company, valued at $62,360,514.40. This trade represents a 0.69 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Peter J. Bulgarelli sold 6,000 shares of the firm's stock in a transaction 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 sale, the chief executive officer now owns 90,795 shares in the company, valued at $5,900,767.05. The trade was a 6.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 140,454 shares of company stock valued at $9,263,815. Insiders own 1.00% of the company's stock.

Ventas Company 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.

Further Reading

Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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